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While The Construction Payment Blog routinely provides “breaking news” alerts in the fields of mechanics lien law and credit management, it is a rare occurrence when those arenas intersect with...
We have seen in recent posts that pay if paid clauses are generally disfavored and subject to strict review by courts. While pay if paid clauses are still enforceable in...
On January 26th, The US Postal Service increased the postage rates across the board, and you could be paying thousands of dollars more each year on your preliminary notices as...
The Payment Funnel is an important, and useful, concept that can reinvent your receivables and lead to less bad debt and fewer write-offs. But, before the specifics of the Payment Funnel...
The amount of money that can be secured under mechanics lien rules varies from state-to-state. Most state laws follow one of two rules: Full Price Lien: The lien secures money...
It’s always a good idea to keep informed of lien deadlines and not wait until the last minute to file. Even though giving the property owner a bit more time...
We have a secret about making demands for payment … the usual way is not always the effective way. Getting paid in the construction industry can be complicated and frustrating....
Peyton Manning and Russell Wilson are just hours away (It starts at 5:30pm CT, on Fox) from their battle to hoist the Lombardi trophy, but a battle between Taylor Turf...
Changing Your Payment Funnel What happens when you have a customer whose account goes into default? Does your company have a policy to handle overdue accounts receivables? If your...
Many small to medium sized businesses get into the habit of sending their own preliminary notices. What starts out as a manageable task 3 – 5 times per month quickly...
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