Construction Payment Blog

Just like in any other industry, credit card companies bombard construction businesses with offers. From zero-percent financing, to balance transfer and industry-specific rewards programs, these offers often seem great. While...

In this constantly-evolving industry, anyone responsible for a construction company’s credit operations should take advantage of the educational resources, certification, and networking opportunities. Credit management associations and industry trade groups...

Mechanics lien protection is something that anyone working in the construction industry has heard something about, but where does that power come from? In every state, mechanics lien laws give...

Payment problems and delays in construction aren’t just limited to the subcontractors and suppliers on a project. Architects have trouble getting paid, too. So, how do architects get paid? And...

As an accounting and human resources professional at a construction company, Joan Elmore has a lot on her plate. In fact, anyone working in billing, collections, or accounts receivable in...

Every project starts with funding — and some projects are funded through construction escrow accounts. These accounts are often opened by the lending institution to help with the distribution of...

The best way to know how much income you’re going to make in the future is to base your projection on the contracted work you have scheduled to start. A...

There are a lot of situations in life where the writing’s on the wall. All of the signs are there, or something just doesn’t feel right, but we proceed anyway,...

In most commercial construction projects, there are three ways an owner — via the architect — can alter the work of the contract: the architect’s supplemental instructions, change orders, and...

Everyone on a construction site has heard the joke about there being only two answers on the Plumber’s Licensing Exam: Payday is Friday, and stink flows downhill. While not fair...