Business
Risk
Pursuing Business With ‘Risky’ Accounts
Companies that are reluctant to extend credit due to a limited appetite for risk are likely evaluating the problem without considering the factors in their favor. The protections against nonpayment available to parties in the construction industry make the decision to pursue business with traditionally “risky” parties much easier.
By Nate Budde
June 23, 2017
Topics
Business
Risk
by Nate Budde
Nate Budde is an author for The Lien and Credit Journal and works as the Chief Legal Officer at zlien. The leading nationwide mechanics lien service, zlien provides services to help contractors reduce their credit risk through the management of mechanics lien and bond claim compliance. He is a licensed attorney in Louisiana, a graduate of Stanford University (B.A.) and Tulane Law School (J.D.). Connect with him via LinkedIn and Google+.
Related stories
Business
Top Three Impacts on Your Project's Critical-Path Method Scheduling
By Michael Pink
Getting your priorities straight is wise advice to follow, especially when working under the constraints of a construction project schedule and budget.
Business
Construction Backlog Indicator Holds Steady in November, Contractor Confidence Surges
By ABC
Contractor confidence remains on an uptick as the construction backlog indicator remains consistent.
Business
Recession No More: 2025 Construction Economic Forecast Yields Positive Outlook
By Grace Calengor
No recession in 2025? Anirban Basu seems optimistic about the state of the construction economy at year's end.