article thumbnail

Unique Construction Company Financing Secrets Revealed

Contractor Bookkeeping

Getting back to financing strategies for your contracting Company it will help if you understand the banking version of The Construction Specifications Institute. One of the keys to getting a banker, lender or bonding company to consider your construction company for financing is the way your financial statements are presented.

Finance 48
article thumbnail

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. Washington, D.C.’s In the event of bankruptcies and pending claims, there is nobody else but the surety provider to cover the costs. ’s largest electrical contractor.

professionals

Sign Up for our Newsletter

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

article thumbnail

Contractor Cash Flow Problems Caused By A Bookkeeping Troll

Contractor Bookkeeping

Several Washington State Department of Revenue sales tax reports and payments were never filed and paid. He needed help deciding to close his business, file bankruptcy and go to work for a competitor as a superintendent or turn his business around and make a go of it. At that point he knew something was very, very wrong.

article thumbnail

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. Washington, D.C.’s In the event of bankruptcies and pending claims, there is nobody else but the surety provider to cover the costs. ’s largest electrical contractor.

article thumbnail

Stop Bookkeeper Embezzlement In Your Construction Company

Contractor Bookkeeping

Being Ripped-Off And Driven Into Bankruptcy! For example I am a licensed Journeyman Plumber (PL01) in Washington State, and have owned and operated successful residential remodel companies, new construction residential and commercial plumbing companies as well as service, repair and drain cleaning plumbing companies.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

Income 108
article thumbnail

Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

The new facility, which will increase Apple’s workforce in Austin to more than 6,700, will serve as the primary operations nexus for the company in the Americas outside of Apple’s global headquarters in Cupertino, CA, centralizing accounting, human resources, sales, marketing and finance. 10 in our Economic Growth Potential metro ranking.

Metro 111