Author: Olivia Huppman
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Lien Waivers: What to Know When Hiring a Contractor
Lien waivers exist to protect property owners, lenders, and other parties funding construction projects from double payment and undue financial risk. Without a secure, signed lien waiver, these top-of-chain parties might face a mechanics lien even if the hired parties are paid. When a contractor, supplier, or other party signs a lien waiver, they give…
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Construction Financial Manager Review: May 6, 2016
SUBSCRIBE | SHARE This week’s Construction Financial Manager Review focuses on the residential building sector. Read on to learn more about industry trends as well as innovative approaches to home building and construction. We hope you enjoy this week’s review and would love to get your feedback. Happy weekend, Scott Wolfe zlien CEO What We’re Reading Key…
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What Is a Notice of Furnishing?
Notice of Furnishing is the term used for preliminary notice in four states: Michigan, Ohio, South Carolina, South Dakota. In these states, most parties who furnish labor and/or materials on construction projects are required to send notice of furnishing in order to secure lien rights. Notice of furnishing should be sent proactively, long before a payment…
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4 Key Concepts to Eliminate Accounts Receivable Problems
If you’re a credit professional, you’re in the business of managing your company’s receivables. But, what does this even mean? And how do you make an impact? These are topics we discuss in zlien‘s 6 Weeks to Success as a Credit Professional email course. This article constitutes the second lesson in the course. Sign up to get information…
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Construction Financial Manager Review: April 29, 2016
SUBSCRIBE | SHARE This week’s Construction Financial Manager Review touches on news from across the industry. Ranging from from advice for managing your construction company to industry financial trends, this newsletter provides a summary of what’s been going on. We hope you enjoy this week’s review and would love to get your feedback. Happy weekend, Scott…