Levelset

JUNE 16, 2022

When payment problems come up, contractors on public projects can’t turn to the mechanics lien for the solution — both the federal and state governments prohibit private companies from gaining interest in public property. New Jersey bond claim laws & liens on contract funds. Preliminary notice requirements.

New Jersey 52

New Jersey Lien Claims Contract 52

Levelset

MAY 25, 2022

In fact, Levelset’s 2022 Cash Flow & Payment survey results indicate companies working on public projects are more likely to report slow payment and payment problems than those on private projects. Learn more about California lien law : California Mechanics Lien Rules & FAQs.

California 52

California Claims Lien Contractors 52

Buisness Facilities Contributed Content

MARCH 21, 2014

The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Borrowers inject 10 percent in the form of cash or equity in real estate.

Income 75

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

APRIL 15, 2014

In addition to the qualifying expenses, at least 25% of the workforce on every project must be Colorado residents in order for the project to meet state incentive guidelines. Property taxes are forgiven for a period of time to allow the project to cash flow. For all other counties, the minimum investment threshold is $50,000.

Income 108

Income Finance Zoning Employment 108