In the construction industry, dealing with clients who won’t settle their bills can be particularly challenging. But don’t worry; here’s a straightforward guide to help you navigate this situation effectively when you’re faced with unpaid construction invoices. 1. Send a Friendly Reminder Sometimes, a gentle nudge is all it takes. Reach out to your client...Read More

In the construction industry, managing cash flow is paramount. Delayed payments or unpaid invoices can disrupt projects and strain resources. Engaging a specialised debt collection agency can be an effective solution to recover outstanding debts. However, choosing the right debt collection agency for construction businesses requires careful consideration. Here are key factors to guide your...Read More

Getting paid on time is crucial for running a successful construction business. But let’s be real—not every client is as reliable as you’d hope. Sometimes, red flags pop up that can lead to late payments or, worse, no payments at all. Don’t worry, though! Spotting these construction payment warning signs early and taking action can...Read More

Are you having issue with late payments or a customer not paying for construction work? According to MBH Corporation new research shows SME bosses are concerned that access to finance will become much more difficult over the next three years as they continue to grapple with the challenge of late payment of invoices. MBH Corporation’s...Read More

According to Construction Enquirer, reforms to the Prompt Payment Code covering small companies comes into play today requiring payment terms to be reduce from 60 days to 30 days.   To conform with these firming up of the rules, businesses will need to show they have paid 95% of invoices from firms with fewer than...Read More

Customer not paying invoice? Here are the 12 most common excuses At CRS our team of endorsed debt recovery specialists strive to maximise the full potential of recoveries on every case. Of course, we’ve heard our fair share of excuses along the way. We are Construction Debt Specialists with a proven track record and have...Read More

Not quite “Viv Nicholson”, (younger readers – that is anyone less than 50, might have to “Google” this!) but Chancellor Rishi Sunak has announced his plans for a 37% increase in capital spending, next year, to help the UK recover from the deepest economic crisis in any living lifetime. “Our economic emergency has only just...Read More