A guided direct lending program for diverse
small businesses, creating value for public sector owners and primes on major capital construction projects.
A guided direct lending program for diverse
small businesses, creating value for public sector owners and primes on major capital construction projects.
CapBuild™ is an in-depth lending program with a unique step-by-step process designed to educate, inform, and build financial pathways to success for diverse small businesses.
The ultimate goal of the CapBuild™ program is to provide the opportunity for small businesses to grow, scale, and graduate to the full market.
To achieve this goal, we develop on-going relationships with public owners to help them expand their pool of diverse small businesses with the capacity, capability, and sustainability to successfully bid on and execute construction projects. The outcome is stronger, more sustainable communities.
CapBuild™ was launched in 2011 on the Regional Transportation District’s Eagle P3 Project ($2.3 B) to create bond worthiness and provide financial guidance to DBE/SBE contractors. $20 M in bonding and $2.6 M in loans were made on this project which was led by the Fluor/HDR JV. The Eagle P3 project was the first P3 transit project in the nation.
In 2019, the Walsh-Fluor JV design-build team integrated the CapBuild™ program into their effort as prime on the Chicago Transit Authority (CTA) Red-Purple Modernization Project (RPM). RPM is currently CTA’s largest capital construction project ($2.1 B).