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What Your Business Credit Report Tells Lenders

Pro Builder

See how a solid business credit score increases your chances of securing capital to fund the growth of your business, and what you can do to improve your score. Having a solid business credit score increases a business owner’s chances of securing capital to fund growth. Wed, 10/12/2022 - 06:00. Matthew Gillman.

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Does a Lien Affect Your Credit Score?

Levelset

Credit bureaus can collect public information from state and county courts, including bankruptcies. Because the lien is connected to the contractor, it can affect their ability to secure credit with vendors or financial institutions. This means a lien could potentially affect your ability to secure financing for years to come.

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Guest Blog – 5 Common Misconceptions About Surety Bonds

Construction Law Monitor

A recent case of this is the bankruptcy of the 105-year-old company Truland Group Inc. In the event of bankruptcies and pending claims, there is nobody else but the surety provider to cover the costs. Sometimes they finance contractors through tough times, especially if they have a well-built long-term relationship.

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Guest Blog – 5 Common Misconceptions About Surety Bonds

Construction Law Monitor

A recent case of this is the bankruptcy of the 105-year-old company Truland Group Inc. In the event of bankruptcies and pending claims, there is nobody else but the surety provider to cover the costs. Sometimes they finance contractors through tough times, especially if they have a well-built long-term relationship.

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SNAPSHOTS: 60 Seconds…with Stephen Moret, Secretary, Louisiana Economic Development

Buisness Facilities Contributed Content

The finances of a city once the center of the automotive universe are in the hands of an unelected manager appointed by Michigan’s governor. city in history to file for bankruptcy. These have been dark days for Detroit. The manager will determine what he can salvage from a legacy of decline that recently made Motown the largest U.S.

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Stop Bookkeeper Embezzlement In Your Construction Company

Contractor Bookkeeping

Being Ripped-Off And Driven Into Bankruptcy! Bookkeeper Embezzlement Can Destroy Your Construction Company And Your Personal Finances. This is, always has been and will continue to be a major headache and in some cases the direct cause for construction company owners to file business and personal bankruptcy.

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Home Builder Success and the Fragility of Good Things

Pro Builder

Shortly after, I read another piece on bankruptcies in home building, and soon I was thinking of the more than 250 builders I’ve worked with over more than three decades and wondering: Does this “ Anna Karenina Principle ” about families also apply to home building? Finance and Zebras . But a bit more study was required. .