Most contractors have a rough idea of what they’re owed. But “rough” doesn’t pay the bills. You need construction debt tracking! When you add up unpaid invoices, retentions, and jobs where the client’s dragging their feet, the real figure is often bigger than you think. Sometimes a lot bigger. Why You’re Probably Missing Money You’re...Read More
When it comes to recovering unpaid debts in the construction industry, choosing the right partner can make the difference between writing off a loss and maximising recoveries. While many general debt recovery agencies offer broad services, construction debt is unlike any other. Its complexity, unique structures, and technical nuances demand a specialist approach. A construction...Read More
Think you can spot a problem client before they become a problem? You probably can — especially if you know how to spot a bad client before taking the job. We’re not saying you need to hire a private investigator or stalk their LinkedIn posts. But a quick 10-minute check before agreeing to the job...Read More
Let’s talk construction late payment excuses! You finish the job. You send the invoice. Then… nothing. No payment. No reply. Just radio silence. So you follow up — politely at first. And then come the classics: “The cheque’s in the post.”“It’s with accounts.”“We’re just waiting on sign-off.” If you work in construction, chances are you’ve...Read More
Chasing Unpaid Invoices in Construction shouldn’t be this difficult! Let’s get one thing straight: chasing your own money isn’t rude. It’s not desperate. And it’s definitely not aggressive! What’s aggressive? Being left out of pocket after months of graft. Watching your cashflow dry up while someone else sits on your invoice. That’s the real problem....Read More
Late payments aren’t new. But late payments in construction are getting worse —and they’re hitting harder. Margins are tight. Cash flow is king. One late payment can knock over the whole house of cards. And yet, more and more firms are being forced to carry the burden of someone else dragging their feet. So, what’s...Read More
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
Construction payment delays are an all-too-common issue in the industry, causing headaches for contractors, suppliers, and subcontractors alike. Managing cash flow is crucial to keeping projects on track and businesses thriving, but late payments can throw everything off balance. So, why do construction payment delays happen? Let’s break down the top five reasons and how...Read More
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