Cash For Invoices? The Pros & Cons of Construction Factoring
When cash flow becomes a problem, you need options to help get cash coming in. It doesn’t matter how much you invoice, it’s the lack of payments that’s the issue!...
Get help with everything you need to know about construction payments.
When cash flow becomes a problem, you need options to help get cash coming in. It doesn’t matter how much you invoice, it’s the lack of payments that’s the issue!...
If you are working as a prime contractor on residential construction projects in Florida, the law requires that you include certain clauses and notices. Failure to do so can kill...
In the construction industry, it can be hard to access cash when you need it. Many small contractors don’t qualify for a business loan or line of credit from the...
If your construction business needs cash, but is looking for an alternative to a bank loan or credit cards, invoice factoring could be a viable solution. As with any financing...
Getting paid in construction can take a long time. It isn’t unusual for payments to take 60 days or more. When cash isn’t flowing into your construction business as quickly...
Ever read the payment clause in the AIA A401 Standard Form of Agreement Between Contractor and Subcontractor? Understand any of it? We feel your pain. Here’s a deep dive into...
The American Institute of Architects produces some of the most commonly used contract documents for construction projects. If you are a subcontractor on a project using the AIA A401 Standard...
The Miller Act requires prime contractors to provide payment and performance bonds on federal construction projects in excess of $100K to protect the payments due to subcontractors, suppliers, and others...
If you’ve gone unpaid for work or materials provided to a construction project in North Dakota, you might be ready to file a mechanics lien, also known as a “construction...
Will construction evolve in 2020? That’s the question on everyone’s lips. The short answer? Yes. While it may not feel like the industry has progressed over the past two decades, the...
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