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Construction Bad Debt What To Do About It

Contractor Bookkeeping

All construction contractors have experienced the financial pain of bad debt which is defined as a customer who refuses to pay no matter what you do. Oddly enough most of them paid the debt years later and all of them were very appreciative that we treated them with courtesy and respect. Knowing The Answers Helps.

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SPECIAL REPORT: Steadfast And Strong In The Wake Of Superstorm Sandy

Buisness Facilities Contributed Content

Additionally, per HUD guidelines, 80 percent of the funds will be dedicated to the nine most heavily impacted counties in the state: Atlantic, Bergen, Cape May, Essex, Hudson, Middlesex, Monmouth, Ocean and Union. billion allocated to New York. Federal funds with private funds) to finance projects as effectively as possible.

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New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

For a list of New York economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. FINANCING & GRANTS. Typical financing structure: 50% Bank Loan. Debt refinancing, tax delinquency, employee benefit arrearage. 40% JDA Loan. 10% Borrower Equity.