Contractors can expect an increased demand for construction loans in 2021, and that banks will be interested in funding those loans as they look to return to normalcy.
How Employers Can Relieve Construction Workers’ Stress Over Pay and Benefits
From payroll to benefits, frontline heroes like construction workers shouldn’t have to worry about tedious administrative tasks related to pay and benefits.
Improve Project Delivery With More Timely Job Costing
Timely job costing helps contractors understand where the project stands and functions as a source of truth for the entire project team.
Cash Flow Considerations in the Bidding Process
By considering cash flow in the bidding process, a contractor should be better prepared to complete each phase of construction based on the inflow and outflow of cash.
Satisfaction of Lien Generally Requires Payment of Legal Fees
Liens are the go-to tool for contractors when payment is in jeopardy. Once filed and recorded, the lien encumbers the real property where the work has been done. For the property to be released from the lien, the lien needs to be satisfied. Sounds simple, but sometimes things get complicated.
Sharing Company Culture to Strengthen Surety Relationships
While financials and performance are key to surety credit, the strength of the organization’s culture drives expense management, talent management and long-term strategic planning.
Certifications Present an Essential Part of Employee Development
Career development paths can be effective strategic tools for achieving positive organizational outcomes, as well as a means of ensuring an organization's continuing growth and productivity.
The Construction Business Case for Leveraging Payment Processing Solutions
Construction firms looking for ways to protect cash flow and tap into cost savings can turn to innovative payment processing solutions.











