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The TRUE cost of slow construction payments | Finance Friday
Built with Billd
English - January 28, 2022 10:00 - 8 minutes - 12.2 MBManagement Business Education commercialrealestate construction constructioneducation constructionfinancing contractors funding materialpurchasing materialsuppliers purchasingterms subcontractors Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Slow payments affect more than the subcontractor.
Every one in the payment chain is impacted.
From the lender, all the way down to the subcontractor - no one is safe.
Slow payments lead to increased bid prices, unneccesary project delays, and rising material prices.
Listen to this week's Finance Friday to learn about other ways slow payments are impacting you.
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