Remove Banking Remove Bankruptcy Remove Commercial Remove Industrial
article thumbnail

Does a Lien Affect Your Credit Score?

Levelset

Contractors and other businesses in the construction industry can file a mechanics lien if they aren’t paid for their work – even if they weren’t hired directly by the property owner. In contrast, a mortgage is a voluntary lien , because you sign papers giving the bank a lien on your property until you pay off the balance and interest.

Lien 96
article thumbnail

What Your Business Credit Report Tells Lenders

Pro Builder

Your industry type is also often a factor in your business credit rating, too. Your business credit report also provides necessary information about your company, such as your business background, ownership and subsidiaries, financial information, any bankruptcies, risk scores, and banking, trade, and collection history.

Debt 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Have we reached the point when the AEC industry starts redesigning fast-food menu items?

PSMJ Resources

As anyone who practices in the AEC industry, or follows this space, will tell you, things have been bleak since fall 2007. The sector index is as follows: Multi-famliy residential (50.1), commercial/industrial (44.9), institutional (43.1), and mixed practice (40.3). The new projects inquiry score was 52.5, Northeast 45.7,

article thumbnail

Completed Operations: A Contractor’s Guide to Coverage, Cost, & More

Levelset

A couple of years after the construction of an industrial manufacturing plant, an electrical fire destroys the plant and the equipment inside. Completed operations for a commercial contractor will generally cost less than a comparable policy for residential construction because the likelihood of future claims is lower.

article thumbnail

Bookkeeper Vs. Accountant Vs. C.P.A. For Your Construction Company

Contractor Bookkeeping

Further up the skillset and money chain is the person who can turn expensive pieces of hardwood into a masterpiece of woodwork inside a multi-million dollar home or commercial space. Bank Balance - Un-cleared Checks) = Cash. Three Accounting Skillsets = Three Types Of People. Certified Public Accountants (C.P.A.) Most C.P.A.

article thumbnail

FAQ's About Outsourced Contractors Bookkeeping Services

Contractor Bookkeeping

If you were to research some of the newspaper and magazine articles from the early 1800''s though today regarding the construction industry and contractors in general you will find not much has changed. Innovation Or Bankruptcy. Commercial Tenant Improvement Contractors. Residential Remodel + Commercial Tenant Improvement.

FAQ 49
article thumbnail

Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

The thriving high-tech industry in Austin has made Texas the second-largest semiconductor job market after California, according to the Semiconductor Industry Association. the next five-year phase—will focus on eight industries, including clean technology, data centers and digital media. cities for job-skills training.

Metro 111