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

ABC Names 2025-2026 Tech Alliance Members
By ABC
The 2025-2026 members of the ABC Tech Alliance, which helps spur digital innovation across the industry, are revealed.
Business

Construction Materials Prices Up 0.2% in August, Driven by Iron and Steel
By ABC
Things are looking up—construction materials prices, that is, and iron and steel are mainly to blame.
Business

Nonresidential Construction Spending Falls Sharply in July
By ABC
Private nonresidential construction spending declined in July, but the public nonresidential sector saw improvements.