Financing provider BlueTape and construction management software provider Buildxact have partnered with the goal of empowering construction professionals to save time and improve cash flow.

Buildxact’s software allows builders and remodelers to streamline their projects through lead management, accurate estimates, and site management, while BlueTape allows companies to boost their cash flow and secure the supplies they need through easier financing.

“We are thrilled to partner with Buildxact, a collaboration that bridges the financial and management aspects of construction seamlessly,” Sara Masoudnia, vice president of marketing at BlueTape, said in a prepared statement. “In an era where the construction industry is rapidly digitizing, this partnership provides a powerful toolset to navigate evolving market conditions with confidence.”

The companies said the combination will allow construction professionals to keep jobs moving and grow their businesses faster.

“Buildxact is strategically aligning with partners that can bring the highest level of value to all of our customers,” Steve Yates, executive vice president at Buildxact, said. “Strategic partnerships like this with BlueTape allow Buildxact to put the right tools and the right guidance in place so that our users have everything they need at their fingertips to manage cash flow. This on top of our unique capability to connect the dealer and the pro creates a highly accurate and smooth process that helps manage risk.”

BlueTape provides financing and payments for construction companies. The company enables dealers to automate their AR, streamline their payment system, and offer extended financing options to their trade customers.