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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 If Paid Clauses in California

Credit Application Series: Person v. Business Credit Check

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Cash Management RSS

Defining the construction market

CFM Review: Does Construction Need Its Own Business Status?

Every Friday, we select a few articles from the week that we think are worth your time as a construction financial manager (CFM). We look for compelling articles not only about financial topics, but about business, technology, and life, that challenges you to think about your role as a CFM in different ways. We’d love […]

CFM Review: 5 Technologies to Increase Cash Flow

Spring is Here: 3 Ways Contractors Can Take on More Work With Little Cash

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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

Late afternoon sun touched Seattle city skyline.

2015 CRF Forum & EXPO: Everything You Need to Know

On August 10, some of the biggest names in the credit industry are descending upon Seattle for the annual Credit Research Foundation Forum & Expo. If you are a credit executive and you’re looking to network with other high-level managers in the credit industry, then you are likely already familiar with the event. If this is news […]

Cloud Technology Can Give Lien & Notice Functionality To Your ERP or Accounting Platform

10 Things to Consider When Writing A Credit Policy

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FAQs RSS

When to send preliminary notice

When to Send Preliminary Notice [50-State Guide for Subcontractors]

Are you a prime contractor? View the Prime Contractor’s Lien and Notice Deadline Chart. Do I have to send a pre lien notice? Is my mechanics lien going to be invalid? Sound familiar? The quest to find pre lien notice (or preliminary notice) requirements and deadlines leaves many scratching their heads. To solve this problem, […]

What is a Subcontractor Lien Waiver? [FAQs and Forms]

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

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Lien Law Alerts RSS

Pay If Paid

Michigan Court Limits Applicability of Pay If Paid Clauses

  Pay if paid clauses are design to shift the risk of non-payment to lower tier parties on a construction project. The purpose, in states in which such clauses are allowed, is to obligate a contractor to pay its subcontractor only if the GC has received payment first. This means that absent actual payment to the GC, […]

Prove Your Price Or Your Mechanics Lien Could Be Worthless

Ohio Courts: Suppliers Must Prove Materials Used For Improvement

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Mechanics Lien RSS

Illinois mechanics lien bond claim

Breaking News: Substitution of Bond for Mechanics Lien in Illinois

A lot of people think the Illinois mechanics lien statutes are engraved in granite, immovable and inviolate for time. But nothing could be further from the truth. There used to be a provision allowing no-lien contracts – then it was changed so that no-lien contracts were non-enforceable – then they were allowed again with restrictions. […]

Did True Detective Just Use Liens as a Major Plot Point?

Mechanics Lien Deadline Chart for Contractors [All 50 States]

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Scenarios RSS

Utah Improvements

Utah Court’s Definition of “Improvement” Is Poor, Should Be Reconsidered

Questions regarding a mechanics lien’s, or potential mechanics lien’s, validity are some of the most important questions considered by lien claimants. While there are many reasons that may cause a mechanics lien claim to be invalid, the most fundamental is whether or not the work performed is of a type granted mechanics lien protection – whether […]

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

Decorative Holiday Lighting and Mechanics Liens

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Viewpoints RSS

mechanics lien changes 2015

Mechanics Lien Law 2015: A Trend Toward Fairness

2014 was a busy year for mechanics lien law, with significant changes either enacted or contemplated in a large number of states. Changes ranged from providing a more clear definition of what constitutes the “commencement” of an improvement in Nevada, to the creation of an entirely new-from-the-ground-up mechanics lien law scheme in Mississippi. So far […]

Virginia’s New Lien Waiver Law Makes Payment More Fair

Louisiana Lessors Have Disparate Burden To Use Lien Rights

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Working Capital RSS

How to make prompt payment claims

How To Make A Claim Under Prompt Payment Laws

The construction industry frequently sees big, well-funded organizations contracting with smaller, capital-needy companies, and it’s no secret that subcontractors must navigate substantial working capital challenges.  For this reason, the construction industry has well-established “prompt payment laws” in place to protect contractors and suppliers against slow and delayed payments. If a payment is tardy, contractors and […]

What the Billtrust + zlien Partnership Means To You

B2B Receivables and Collections Benchmarking Offers Lessons To Construction Industry Finance Professionals

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