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Restoration: How to Manage Cash Flow While Waiting for an Insurance Check

Levelset

Even though the insurance company isn’t your customer, the property owner may be depending on that insurance check to pay for your work. To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet.

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HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

Department of Housing and Urban Development and the Department of Veterans Affairs released new guidance, changing their previous positions, now widely allowing residential Property Assessed Clean Energy (PACE) financing. a lien) that is superior to the FHA-insured mortgage for delinquent regularly scheduled PACE special assessment payments.

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Lawyers' Opinions in Green Building Transactions

Green Building Law Update

While legal opinions are given in a variety of commercial contexts, they are increasingly being required as part of the due diligence by lenders when making loans secured by (i.e., In giving an opinion, a lawyer is not and should not be thought to be providing a guaranty or insurance against loss. a mortgage) a green building.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. Compliance/Regulations. So it’s no surprise that whenever I talk to companies about how they store their data, the number one concern I hear is in regards to security. According to Eric, most of his clients have “far humbler” security checkpoints than what a data center can offer.

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What You Need to Know To Get a Surety Bond as a New Contractor

Constructonomics

Unfortunately, new contractors are often unfamiliar with the bonding process, which includes undergoing finance and credit checks, providing upfront collateral, and paying issuance fees. Being aware of bonding regulations within the construction industry can help a new contractor keep on track. Construction bond regulations.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. Compliance/Regulations. I would like to share the following tips to use before approaching the bank(s) or other financial institutions for additional financing, and some non-bank financing options. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. Compliance/Regulations. All businesses that purchase, finance, and/or lease less than $2 million in new or used business equipment during tax year 2011 should qualify for the Section 179 Deduction. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Construction Law.