Dealing with construction debt collection can be a daunting task for contractors and subcontractors alike. Whether you are a small business owner or a seasoned professional in the industry, navigating the complexities of payment disputes [Read More]
In the dynamic realm of the construction industry, effective AR (collection-industry abbreviation for “accounts receivable”) management is paramount for success. As construction industry managers and [Read More]
What to do when you get a construction debt collection notice.
If you are in the construction industry, you know that getting paid for your hard work can sometimes be a challenge. Despite your best [Read More]
In the construction industry, grappling with what to do if a contractor owes you money is an all-too-common challenge. At Construction Credit and [Read More]
Whether you are a contractor, subcontractor, or supplier in the construction industry, dealing with unpaid invoices and overdue payments can be a frustrating and challenging [Read More]
Inflation has always been an economic force that impacts various sectors, and the construction industry is no exception. As we enter 2023, construction professionals are facing the challenge of managing debt collection while grappling with [Read More]
Debt collection has long been viewed as a negative aspect of personal finance. We often associate it with financial distress, stress, and negative experiences. However, it is important to recognize the hidden benefits [Read More]
As a construction company, managing your finances is crucial to maintaining a healthy business. One key metric to consider is Days Sales [Read More]
Construction companies face a triple threat when it comes to debt: high costs of materials, payment delays by clients, and the need to pay subcontractors and suppliers. This leaves construction [Read More]
When running a business, unpaid debts can be a significant problem, leading to cash flow issues and a negative impact on your [Read More]
