Cash flow is a significant challenge in the construction industry. Contractors often must cope with 30- to 60-day payments and holdbacks of as much as 40% until the completion of the job. In the meantime, while doing the job, they must pay for their biggest...
September 19, 2022
Cash flow is a significant challenge in the construction industry. Contractors often must cope with 30- to 60-day payments and holdbacks of as much as 40% until the completion of the job. In the meantime, while doing the job, they must pay for their biggest expenses — equipment, fuel and labor — much sooner. Contractors […]
