NH Construction Law

OCTOBER 22, 2023

It happens this way: A contractor or subcontractor borrows money from a lender, and as security for the loan it gives the lender an assignment of or lien on its receivables and contract rights. No one thinks to ask whether the contractor has pledged its receivables to secure a loan or line of credit.

Security 40

Security Contract Accounting Construction 40

Autodesk Construction Cloud

FEBRUARY 1, 2024

Late payments and non-payments are, unfortunately, pivotal contributors to declining contractor productivity eventually, in some cases, leading to bankruptcy for many GCs and subcontractors. Increasing financial risk. High compliance risk. Moreover, manual payment processes also increase compliance risk. Why Payapps?

Autodesk 87

Autodesk Cash Flow Construction Risk 87

Levelset

JULY 5, 2022

Credit bureaus can collect public information from state and county courts, including bankruptcies. EquiFax also provides three business scores: a payment index, a credit risk score, and a business failure score. This means a lien could potentially affect your ability to secure financing for years to come.

Lien 96

Lien Legal Bankruptcy Claims 96

Pro Builder

OCTOBER 12, 2022

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. Matthew Gillman. Why Is Your Business Credit Report Important?

Debt 52

Debt Finance Risk Bankruptcy 52

Contractor Bookkeeping

NOVEMBER 3, 2012

Postcards Are More Secure Than Email. A lot of contractors are told to email QuickBooks contractor data files to their tax preparer, bookkeeper or any number of places and continually put themselves at tremendous risk of identity theft or worse. Secure File Transfer System Is The Answer.

Contractors 49

Contractors Security Accounting Software 49

Construction Law Monitor

APRIL 15, 2015

Due to this misinformation, many contractors either avoid projects requiring bonds, thus missing great work opportunities; or sometimes even operate without them, which jeopardizes their legal standing and puts their whole company at risk. A recent case of this is the bankruptcy of the 105-year-old company Truland Group Inc.

Insurance 40

Insurance Bankruptcy Contract Claims 40

Constructlaw

DECEMBER 7, 2020

Halprin: At the risk of stating the obvious, the pan­demic has had a tremendous impact on filings. The economic hardships that have resulted have exposed many businesses to financial strain and led to an increased number of high-profile insolvencies and bankruptcies.

Claims 40

Claims Insurance Bankruptcy Legal 40