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Commercial Debt Collection – How Do I Collect When A Company Owes Me Money?

Construction Law Monitor

The Fair Debt Collection Practices Act protects the consumer, not businesses. Most business think that when an account is overdue, then they call up a debt collection agency and the debt will be collected or its deemed bad debt. You have a pre-debt fact gathering and document filing stage, as the first phase.

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Elements Europe wins Digbeth 550 rental flats

Construction Enquirer

Goodstone Living has secured more than £100m of debt financing from NatWest and Allied Irish Bank to develop Smith’s Garden Around 1140 modules needed for the project will be manufactured in Telford between November 2023 and January 2025. Construction activities will now get underway to prepare the site.

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What Your Business Credit Report Tells Lenders

Pro Builder

Just like your personal credit score, your business credit score indicates whether you’re a good risk for paying your debts or not. This tells lenders a bigger picture of your payment habits or whether you’re missing out on repaying debts. . What Is a Business Credit Score? Lessons Learned From Previous Housing Market Disruptions.

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Advice for Home Builders Navigating a Market in Flux

Pro Builder

The Future for Housing: Market Contraction, Rising Inflation, Recession The historical and oft-used definition for an economic recession is two consecutive quarters of negative growth, which occurred during the first half of this year. Banks can get into trouble, too. Manage debt. The October PPI increase was 8%, with a 17.3%

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4 Factors Underwriters Consider When Issuing a Construction Bond

Levelset

In some cases, prior to speaking with the surety, it is helpful to prepare an itemized list that breaks the project’s contract value down by scope and/or subcontractor. Next, subtract the sum of your accounts payable, short-term debts owed, and over-billings. Reputation with past suppliers, project owners, & subcontractors.

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PACE Programs are Stepping Up the Pace

Green Building Law Update

The Montgomery County program, hoping to close it first transaction in first quarter 2016, is among the most progressive in the nation when it makes easy for all lenders (including those brought to the table by borrowers) to participate and is not charging administrative fees (above that charged by the contracted program administrator).

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Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

Many builders reported that last December was unusually busy, the best in years for housing starts and contracts. 2] Lead the Market / Save the Contract. As for converting prospects who are wary of buying in a difficult market, you can “take them out of the market” without having to convince them to sign a contract. Then, poof!