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How To Finance a Business: Short-Term vs. Long-Term

Construction Marketing

Short-term loans can be used to cover immediate operational expenses or take advantage of a business opportunity without committing to long-term debt. Equipment Financing: These loans are specifically designed to finance the purchase of business equipment and are often secured by the equipment itself.

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Commercial Debt Collection – How Do I Collect When A Company Owes Me Money?

Construction Law Monitor

The Fair Debt Collection Practices Act protects the consumer, not businesses. Most business think that when an account is overdue, then they call up a debt collection agency and the debt will be collected or its deemed bad debt. You have a pre-debt fact gathering and document filing stage, as the first phase.

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Types of Capital for Construction Businesses

Levelset

The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. Debt capital. 3 types of capital for construction.

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Contractors Are Renting Rather Than Buying More Equipment.

ENR Construction

Contractors Are Renting Rather Than Buying More Equipment During Slow Recovery. Equipment rentals allow contractors to shift downtime risk while trimming expenses, including licensing, insurance, taxes and debt, among others. in 2011, according to the Associated Equipment Manufacturers, a Milwaukee-based industry trade group.

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Construction Bad Debt What To Do About It

Contractor Bookkeeping

All construction contractors have experienced the financial pain of bad debt which is defined as a customer who refuses to pay no matter what you do. Oddly enough most of them paid the debt years later and all of them were very appreciative that we treated them with courtesy and respect. Knowing The Answers Helps.

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Declare Your Independence From Subpar Construction Software

Viewpoint Construction Technology

This Fourth of July, as America celebrates a young 242 years as a free nation, you might be tempted to think of other things you’d like to break free from — debt, social drama, jury duty or perhaps work-related stress. Effectively tracks and manages construction equipment and materials.

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I repaid my debt to society!

Constructor Marketing that Works

Okay, I’ve probably not repaid all my debts to society, because after all, there were those college years to consider. Turns out the debt to society repaid me. Adams Hudson SPEAKING DATES: Annual Associated Equipment Corp. Also known as “Narrow Avoidance of Jail Time Hijinks.”) I get it now. Two words, one mission.

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