Construction Business Owner
JUNE 1, 2022
The contractor’s focus should be on the impact the lease standard will have on the company, specifically bank and surety considerations, and the specific attributes such as embedded leases, related party leases, consolidation (when there is a variable interest entity), and how to apply the standard to these situations. Accounting & Finance.
Wolgast Corporation
FEBRUARY 27, 2024
The Clients were educated people who knew a lot about their line of business, but never had an opportunity to learn about construction practices. He or she will then have enough information to know if financing is needed and, if so, documentation to take to the bank to get their loan approval.
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Contractor Bookkeeping
AUGUST 6, 2014
You Want Money; Banks Want To Lend Money, What''s The Problem? Multiply That By 100,000 And You Will Begin To Understand Why Banks Seem So Tight Fisted About Loaning Money. Banks stay in business is by loaning money and earning interest. Think of all the times: You loaned money to a friend or relative.
Pro Builder
OCTOBER 12, 2022
It helps lenders assess whether you’re qualified for the loan amount you’re requesting and if you’ve been good at managing your company’s finances. Before applying for a loan or any type of alternative financing, you first need to know where your business credit score stands. What Is a Business Credit Score? The Bottom Line.
ENR Construction
AUGUST 8, 2012
Banking & Credit Crisis. Earn Continuing Education Credits. Senate Finance Passes Tax Extensions. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus. Safety & Health. Project Delivery. Ethics & Corruption. Economic Stimulus. Associations. Washington Observer.
Levelset
JUNE 6, 2022
Peterson , a construction finance educator and author, “The retention in the retention receivable account is not collectible yet because the contractor has not earned the right to receive it.” Debit Credit Bank or cash $90,000 Retention receivable $90,000. Debit Credit Bank or cash $10,000 Retention receivable $10,000.
Business Facilities
JULY 11, 2014
As a member-driven initiative, TTC delivers high-value-add programs and services that start-up and expansion businesses need such as collaborative research, education and training, extensive business support, networking opportunities and employee recruitment services. Export Financing Program: Funding for small business for export activities.
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