Credit Department: Crafting a Mission Statement
The first step in creating a credit policy is crafting a Mission Statement for the credit department. While it may seem like a waste of time, or some pointless corporate...
Get help with everything you need to know about construction payments.
The first step in creating a credit policy is crafting a Mission Statement for the credit department. While it may seem like a waste of time, or some pointless corporate...
This past Wednesday, Nate & I co-hosted a very successful Webinar: The Joint Check Agreement Mistakes That Can Cost You Thousands. It was very successful, and we had a great...
Another great tool that is out there to secure debt with real property is the HOA lien. HOA stands for homeowners association. Many neighborhoods have homeowner associations. These entities exist...
We frequently write about the challenges of getting paid in the construction industry, but how much of a problem is this really? A recent survey by Constructiononline of subcontractors in...
By the time that any debt makes it to collections something has gone wrong. Many times there are a number of things that have gone awry in the sales and...
What do you know or think about preliminary notices? In the construction industry there are a lot of opinions and incorrect information floating around about these documents. The name of...
In many states, courts are required to determine whether a pay if paid, or pay when paid contract clause functions as a risk-shifting clause, or merely a timing mechanism. This...
While every state requires that some description of the property, like the municipal property address, be included on a mechanics lien, many states take it a step further and require...
This post examines the interpretation of Arizona pay when paid clauses. Pay when paid clauses are disfavored in Arizona, but maybe enforceable sometimes.
We’ve written several times about the need to properly identify the type of project on which you are working, and that project identification can be more difficult than one would...
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