3 min read
Cash is King – Why Getting Paid Faster is Key
The contracts kept rolling in. Bob had a knack for sales and his subcontracting business has been booming, signing new deals left and right. But...
Alexis Vail : Apr 24, 2023 10:04:53 AM
In the construction industry, managing cash flow and payment terms with trade partners is a critical aspect of ensuring smooth project execution and maintaining strong relationships. This assessment is designed to help you assess the impact of long payment terms on your construction business and evaluate whether adopting an Early Pay Program (EPP) could be a game-changer for you and your trade partners.
By answering these questions, you'll gain insights into your company's payment practices and identify potential areas for improvement. Let's dive in and discover if accelerating payment terms through an EPP like Constrafor's can make a difference in your construction business.
3 min read
The contracts kept rolling in. Bob had a knack for sales and his subcontracting business has been booming, signing new deals left and right. But...
2 min read
The construction industry is undergoing a transformation, and adopting accelerated payments can make a substantial difference in your business. By...
Strong relationships between General Contractors and trade partners can help create a mutually beneficial and productive partnership, ensuring the...