Lots of opportunities In recent years – especially during the height of the pandemic – the construction industry experienced some wellpublicized challenges in terms of supply chain uncertainty and rising inflation. Fortunately, those issues have lessened over time, as logistics costs have come down, companies have learned to find alternatives for material supply, and inflation has steadied. When those challenges were at their peak, however, CWB was there to support their clients. “When the supply chain issues were at the height, it wasn’t that product wasn’t available, it was the uncertainty of when it would be on a work site,” Jeremy explains. “Sometimes it would be there when it was expected to, and sometimes it wouldn’t, or it would take a long time to arrive.” “In that situation, we would look at the client’s operating loan and ensure it was structured in a way that matched the updated cash cycle – that is, the time from when they purchased their raw materials, to when the materials arrived, to when they were able THE CONSTRUCTION SOURCE CANADA
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