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Home » Topic » Business » Finance

The Future of Construction Loans in a Post-Pandemic World

by Robert G. Stern | Jan 28, 2021
Accounting | Business | Business Development | Finance

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

by Amy Mosher | Jan 28, 2021
Accounting | Business | Finance | Retention | Workforce

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

by Ed Williams | Jan 21, 2021
Accounting | Business | Business Development | Finance | Project Delivery | Project Management

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 Richard P. Higgins | Jan 20, 2021
Accounting | Business | Finance | Project Delivery | Project Management

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

by Patrick Barthet | Jan 14, 2021
Business | Contracts | Finance | Legal and Regulatory | Project Management

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

by Joshua Loftis, Bob Bowman, Colby White | Jan 9, 2021
Business | Culture | Finance | Organization Culture | Risk | Surety Bonding

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

by Joe McLaughlin | Jan 7, 2021
Finance | Human Resources | Recruitment | Retention | Training | Workforce

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

by Austin Mac Nab | Jan 7, 2021
Accounting | Business | Finance

Construction firms looking for ways to protect cash flow and tap into cost savings can turn to innovative payment processing solutions.
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