Using technology to automate the post-close administration of construction loans is important, but now is the time to take automation a step further. Work with lenders using an automated payment stream tool to speed cycle times and payments, improve communication and focus on the important work at hand.
Leverage Cost Segregation for Significant Tax Deferrals
Cost segregation can lead to significant tax deferrals, a boost in cash flow and an increase in capital immediately available for new projects—and the new tax law has made it even more valuable for a limited time.
IRS Increases Health FSA Limit for 2018
The IRS has increased the Flexible Spending Account dollar limit on employee salary reduction contributions to $2,650 for taxable years beginning in 2018.
Improve Safety and the Bottom Line With Ergonomics
The financial threat of musculoskeletal disorders is real for construction companies and should be mitigated. Employers need to implement proper ergonomics to reduce the risk of injury.
Talking the Talk: How Contractors Should Communicate With the Surety
Viewing the surety firm as a business partner rather than an adversary can be the difference between a successful contractor and an unsuccessful one.
Three Key Determining Factors to Surety Bond Approval
Understanding the underwriting process for a surety bond can help secure approval. Three determining factors are experience, financial strength and financial presentation.
The Three Cs of Maximum Construction Bonding Capacity
Solid relationships between contractors and their sureties are a necessity for growth. Contractors can improve bonding capacity by focusing on the three “Cs” of bonding: character, capital and completion.
Four Common Paths to Transitioning Ownership
To maximize financial gain upon retirement, owners will benefit from a well-planned transition strategy.











