Posts about Financing Construction (3)
Your Building Makes an Impression on Your Business
What Is Yours Saying?
It makes a lot of sense that your building emits an attitude and gives a first impression that reflects your corporate culture. Immediately, visitors are assuming things about your customer service, quality, competency and staff when they come in your parking lot. So why is it that some business owners aren’t aware of the message their building is sending?
Lien Risks with Construction Sub-Contractors
You Risk Paying Twice When Sub-Contractors Don't Pay Their Bills
Liens Can Wreak Havoc on Funding
By Brian Stadler, Wolgast CEO
If you haven’t built a building in the last couple of years, you may be surprised when your banker tells you that they want to hire a Title Company to handle all of your payments to not only the General Contractor, but also directly to the General Contractor’s second tier Sub-Contractors. On top of that, that they expect you, the owner, to guarantee to the Bank and the Title Company that the project will be lien-free during construction.