OK, Who Needs SquareDash?
When I set out to create SquareDash, I knew from the very beginning that it wouldn’t be right for every roofer and restoration contractor. And that’s just fine with me. People have different goals and motivations, and it’s never been my intent to make SquareDash a one-size-fit-all solution.
So, here’s the deal.
SquareDash is designed for contracting companies that want to grow. Simple as that.
As we all know, growth takes capital. The old saying, “It takes money to make money” has never been more true than it is for contractors. But the broken insurance payments system cripples cash flow for even the most successful contractors who rely on insurance checks to get paid.
When you’re waiting 60 days, or even longer, to collect the depreciation on one job, but have new jobs that are ready to start, that often creates a situation where your expenses are seriously out of sync with your receivables.
As I described in a previous blog, my own roofing company nearly went bankrupt a few years back—not because we weren’t successful, but because we sold so many jobs that we experienced extreme pain trying to fund the costs of getting those jobs off the ground. Ironically, our growth nearly put us out of business. (If that’s not a broken system, what is?)
SquareDash is fixing the system. For good.
With SquareDash, you just need to upload an approved insurance claim to our platform. Once your homeowner has paid their deductible, we’ll transfer the ACV to your account in 1-2 days. And when the job is complete—same deal—here comes the depreciation payment in 1-2 days.
Now, you have money in the bank to start your next jobs. And you can get back to focusing on growth, instead of being stuck on the hamster wheel of waiting on checks and going into crippling debt funding new jobs.
So, who doesn’t need SquareDash?
Look, if you’re a small contracting firm that does a handful of jobs a month, you’re able to cover your expenses without incurring significant debt, and you’re not particularly interested in growing your business, you might not need SquareDash. Or, if you’re an eccentric billionaire who just does contracting gigs for fun—yeah, we’re probably not a fit. (But let’s hang out sometime!)
Let’s talk about growing your business.
We’d love to give you a live demo of our platform so you can see for yourself how easy it is to get paid faster, and get back to growing. Just reach out through the website to schedule a demo, or email me to discuss your specific needs.
SquareDash is a veteran-owned financial services company based in Dallas, Texas. Our proprietary fintech platform is solving the cash flow crisis for contractors around the U.S. who deal with insurance claims. Learn more at SquareDash.com.