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NCS Credit Lien Index Q2 2024

kalford July 26, 2024

NCS Credit Lien Index Q2 2024

Down 12% over Q1 2024 and up 7% over Q2 2023, the Lien Index declined to 58 at the end of Q2.

The decrease indicates payment issues have improved over last quarter, though an Index over 50 confirms payment issues remain.

Unsurprisingly, the core pain points haven’t changed: high costs for materials, steep interest rates, and increased risk of debtor defaults.

Download the full report for details.

 

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.

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A Quick Guide to Mechanic's Lien Rights in Canada

Explore the essentials of securing mechanic's lien rights in Canada, including deadlines, notice requirements, and key provincial variations.

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Know Your Customer. Protect Your Cash Flow in Any Economy.

Strengthen credit relationships by knowing your customer and using UCC filings & mechanic's liens. Learn how to protect your business in any economy.

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