Construction Payment Blog

No one likes liens. Property owners don't want their property tied up by a lien, and the claimant gets no joy from filing a lien, he just wants to get...

Even as retainage continues to be widely accepted and commonly practiced in the construction industry, the majority of subcontractors interviewed for a 2004 report published by the American Subcontractors Association...

As part of our mission to provide the construction industry with the latest technologies and insights, we’ve partnered with Fieldwire – the construction software for field execution. From plan viewing...

Due to the relationship between owners, contractors, and subs, industry members often operate in a cover-your-rear fashion and look to pass liability for nonpayment around like a hot potato. Two of...

As part our mission to provide the construction industry with the latest technologies and insights, we’ve partnered with Fieldwire – the construction software for field execution. From plan viewing to...

    There’s nothing quite like the Summer Olympics, and they’re here! Every four years, the nations of the world come together for the time honored celebration of athleticism that is...

The way that payment works in the world of construction projects is unique, and forces construction businesses to carry a lot of financial risk. The credit heavy nature, the high...

Credit teams in the construction industry constantly battle late payments. In particular, subcontractors and suppliers performing labor or supplying materials to help permanently improve a property are farther removed from the...

Small subcontracting firms looking to grow a business may be afraid to take on larger, higher-paying jobs for a few reasons. These jobs typically require a larger cash outlay, and...

We started this course by analyzing standard credit management practices and policies, and then we explored the construction industry-specific legal issues you’ll confront as a credit professional. This all built...