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7 Things Contractors Need to Know About Retainage

Fieldwire

Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. Retainage can cause a cash flow burden for contractors, especially subs at the bottom of the payment chain.

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How To Negotiate A Higher Credit Limit With Your Building Material Supplier

Levelset

Contractors trying to grow their business and take on larger projects often struggle to manage their cash flow to purchase the materials they need. Many contractors use trade credit to delay paying for materials and keep more cash in their pockets. Get materials now, keep your cash. Ask for it.

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Accounting for Retention Receivable & Payable: A Contractor’s Guide

Levelset

The rate of retention is stipulated in the construction contract and can often be negotiated. Retention doesn’t usually apply to material suppliers. Because retention is often held for a long period of time, it can create cash flow problems for contractors.

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What is Retainage in Construction?

Lets Build

Almost every construction professional faces the same problem – cash flow. Large upfront costs and long waiting periods between payments are a normal occurrence; retainage adds to this cash flow problem for contractors and project managers. Retainage percentages and negotiations.

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New Contractor Business Start Up

Contractor Bookkeeping

No Financing - Your customer or client's project by providing a substantial amounts of labor, material, subcontractors and rental equipment hoping to get paid later on down the road. With labor Pools they take care of all of that and you pay a fixed cost per hour or whatever you negotiate with the service.

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

No Financing - Your customer or client''s project by providing a substantial amounts of labor, material, subcontractors and rental equipment hoping to get paid later on down the road. With labor Pools they take care of all of that and you pay a fixed cost per hour or whatever you negotiate with the service. Or The Hard Way.

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We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Do Not Offer Financing - Your customer or client''s project by providing a substantial amounts of labor, material, subcontractors and rental equipment hoping to get paid later on down the road. With labor Pools they take care of all of that and you pay a fixed cost per hour or whatever you negotiate with the service. The Easy Way Or.