Tag: Why zlien
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US Lien Laws: The Definitive Word Count Rankings
We all know lien law can be incredibly confusing. All 50 states have different rules and requirements for preliminary notices, notices of intent, mechanics liens, lien waivers, lien releases and more. These requirements are outlined by each state’s mechanics lien statute, but reading and understanding these statutes is no easy task, even for trained attorneys. Slogging through that complex…
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zlien Platform vs. “Lien and Notice Service Providers”
The Construction Payment Blog has recently published several articles about the current and future state of technology as applied to, and as used by, the construction industry. One of the most important take-aways of many of those articles is that rather than something to be wary of, the adoption of new technology can be a…
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Tech Platforms That Make a Credit Manager’s Life Easier
While a strong economy is good news for everyone, the path from a weak economy to a healthier one can be fraught with peril for parties in the construction industry. In fact, it has been shown that the failure rate for subcontractors is three times higher in a recovering economy than a recessed and stagnant economy. One…
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6 Days to Becoming a zlien Pro – Day 2: Setting Up Your Collections Funnel
In yesterday’s lesson, you learned what a lien is and how it works, right? Today, we are going to discuss how to create your company’s own lien policy that should work for projects in every state, every time. Why make my your own lien policy? Cash is the lifeblood of every business, and the best…
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Preliminary Notices: Do You Have Too Many Vendors?
The construction lien and preliminary notice laws are fragmented across the country, and it’s been this way for almost 200 years. Not only does this make it impossible for subcontractors and suppliers to understand exactly how they work, but in trying to comply with these regulations, companies have had to turn to an assortment of…