Suppliers have widely used credit insurance to protect their accounts receivable, but credit insurance companies are cutting coverage and slashing policies to maintain their own bottom lines. While insurance companies deliver crippling blows to businesses’ financial security, credit departments have been carefully reevaluating risk mitigation strategies, and it’s brought UCC filings into renewed focus.
Podcast: How Price Escalation Clauses Protect Subcontractors
How do escalation clauses protect subcontractors & material suppliers? Attorney Mark Gryzmala shares contract strategies to manage rising construction costs.
Practical Guide: How Do Lien Waivers Work in Construction?
Download our guide to lien waivers in construction. Learn how to choose the right waiver for contractors, meet state requirements, and protect payment.
Provincial Construction Payment Rights in Canada
Discover your payment rights on provincial construction projects in Canada, including how to secure bond claim rights and navigate Public Works Act claims.