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How To Handle Construction Client Debt So You Get Paid On Time

Contractor Bookkeeping

Ideally, you want to reduce the chance of bad debts and pressure on your construction company's cash flow. If your customers owe you money, the faster you can obtain it using effective collection tactics, the better.

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Report: Prepare for a debt ceiling crisis

Construction Dive

debt limit. Morgan recommends building owners have a cushion and try to refinance to prepare for potential economic shockwaves over the U.S.

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ESOPs as an Alternative Buyer for Construction Companies

Construction Business Owner

ESOPs as an Alternative Buyer for Construction Companies ccapoccia Thu, 04/13/2023 - 14:33 In an economic environment defined by ever-increasing interest rates, traditional market debt financing doesn’t provide liquidity to corporations as it did in the past.

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Kier whittles net debt down to £230m

Construction Enquirer

Kier has whittled down its average month-end net debt to £230m after a better than expected cash performance at its construction division. He also said the average month-end net debt position would now be better than expected at £230m, down from £243m at the half year. ”

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Debts, lawsuits force Detroit builder to file bankruptcy

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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Debt ceiling deal would speed environmental permitting

Construction Dive

The proposed legislation could also advance the Mountain Valley Pipeline and help boost the construction workforce, according to one trade group.

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Metnor supply chain debts hit £10m

Construction Enquirer

More than 450 firms have been hit by the collapse of Metnor Construction with subcontractors and suppliers owed more than £10m. An update from administrator FRP Advisory Trading Ltd said 468 creditors had been identified so far since the Newcastle-based contractor collapsed in February.

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