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Mechanics Lien School

6 Days to Mastering Mechanics Liens – Day 1: Understanding the Basics

Day One: Understanding the Mechanics Lien Lifecycle Whether you are a mechanics lien veteran, or just getting started, navigating lien laws across the country can be a mess. Having a general knowledge of mechanics lien basics – what liens are, why they exist, and how they work — provides a strong foundation to mastering mechanics liens, […]

Pay When Paid and Pay If Paid Clauses in California

Credit Application Series: Person v. Business Credit Check

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Cash Management RSS

Construction Growth in Recovering Market

Construction Company Growth and Increased Cash-Flow

Good News: The construction industry has been rebounding from the recession fueled decline, and has been growing for the better part of 3 years. And, with construction spending and the number of new projects up around the country, that trend looks to continue, and strengthen in the near future. Bad News: The growth has been […]

Take Control of Cash Flow With This CFMA Webinar

Cash Management: What Smart Financial Managers Know

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Common Mistakes RSS

Mechanics Lien Mistakes

These Common Mistakes Can Invalidate Your Mechanics Lien

Parties in the construction industry who are unpaid after furnishing labor and/or materials to a project are generally able to secure payment through the use of a mechanics lien. There are many reasons why mechanics liens are the most formidable tool in the construction industry to virtually guarantee payment, but in order for the lien […]

Don’t Miss Your Lien Deadline By Waiting Until the Last Minute to File

3 Lien Waiver Mistakes That Can Burn Your Company

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Credit Management RSS

P2P Lending and Construction

P2P Lending: Will the Uber Model for Financing Alter Security Priorities?

New technology has given rise to new avenues for direct connection between parties needing a service, and the parties who can provide that service. One of the fastest growing and brightest stars of this technology driven and efficient marketplace is Uber, the non-cab “cab” company that connects passengers to drivers. Friend-of-the-Construction Finance Journal Funding Gates […]

You Need Outsourced Technology to Manage Receivables – Here Are Options

Reduce Financial Risk on Construction Projects: Step-by-Step Guide

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FAQs RSS

questions-liens

The Project Completion Date: When It Matters And How You’ll Know

It’s very common that we get questions about project completion dates and its effect on a party’s mechanics lien or bond claim rights. This is an important and tricky topic, and unfortunately, there aren’t very many answers. In fact, I spent 6 months last year digging into California county records to locate a solution to […]

Arizona Mechanics Lien Law: Preliminary Notices -The Basics

Stop Notice: What Is It?

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Lien Law Alerts RSS

Mechanics Lien on Coal Plant Project

$350 Million Mechanics Lien Dispute in West Virginia

Recently, a large dispute related to both bankruptcy and mechanics liens has reared its head in West Virginia. While any determination regarding the validity or priority of the mechanics liens in question has not yet been made, it will be interesting to see what the bankruptcy court determines in this large dispute. Background The liens […]

Lien Waiver and Subordination: Illinois Provides Clarification

Prospectively Waive Mechanics Lien Priority? General Contractors in CA Should Be Wary.

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Mechanics Lien RSS

NJ Mechanics Lien Steps

New Jersey Residential Mechanics Lien: A Convoluted Process

Every state has certain requirements that must be met in order to successfully file a mechanics lien. While many states’ guidelines are fairly easy to comprehend, that is not, unfortunately, universal. In New Jersey, the mechanics lien process for residential construction projects involves filing a required notice, and an independent arbitrator making a determination regarding the acceptable amount […]

How To Get Paid When Your Customer Is Bankrupt

Mechanics Liens on Tenant Improvements Can Be A Headache

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Scenarios RSS

Superbowl Turf Mechanics Lien Teaches Contractors Lessons

Super Bowl Turf Installers Filed A Mechanics Lien: 3 Things This Teaches Contractors Everywhere

Peyton Manning and Russell Wilson are just hours away (It starts at 5:30pm CT, on Fox) from their battle to hoist the Lombardi trophy, but a battle between Taylor Turf Installation, Inc. and the operators of MetLife Stadium has been on-going for months, as the stadium’s turf installers claim they are owed more than $292,000 […]

Decorative Holiday Lighting and Mechanics Liens

Can A Lien Be Filed If Work Was Originally Done For Free?

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Viewpoints RSS

Construction Credit Management

Credit Management Is Challenging in the Construction Industry

The construction industry is credit-heavy. Almost every construction industry participant furnishes their work and/or materials on credit, rather than requiring payment prior to delivery. This is true despite the fact that in many projects the value of the labor and/or materials furnished is substantial. This credit-based payment scheme extends all the way through the payment chain; most companies both extend credit, and need […]

These 3 Risks Can Derail Your Construction Business

Use Security To Increase Earnings, Assets, and Company Value

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Working Capital RSS

Waiting for Payment

What National Payable Figures Mean To The Construction Industry

The #SupplierPay program grabbed a lot of headlines over the past two weeks – including here on the Construction Finance Journal (see: Obama’s SupplierPay Fails The Construction Industry). Just after 26 companies pledged to pay their suppliers faster, word came out of CFO.com that “by whatever measure you choose, big companies are taking longer and longer to […]

Obama’s SupplierPay Fails The Construction Industry

Innovative CFOs Will Win In The Recovering Economy

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