Remove Cash Flow Remove Legal Remove Lien Remove Subcontracting
article thumbnail

Subcontractor Default Insurance: Pros & Cons for General Contractors

Levelset

In addition, SubGuard does not provide protection against mechanics liens from unpaid second-tier subs and suppliers. LA Plumbing is providing plumbing work on the project, and their subcontract is worth $2 million. On-demand legal help you can afford. SDI is offered as an alternative to performance bonds. Learn more.

article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

FOREIGN TRADE ZONES (FTZs): Secured areas legally outside of U.S. 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. legal services.

Income 75
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

legal services. Property taxes are forgiven for a period of time to allow the project to cash flow. Customs ports of entry where merchandise is considered legally outside U.S. Foreign Trade Zones (FTZ): Neutral, secured areas legally outside of the U.S. customized market research. training support.

Income 108