The Many Reasons to Use a Construction Lien Service Provider
During the early years of the Country’s independence, the construction lien law was put in place in the United States to secure payment for construction professionals. The Construction Lien encouraged growth by securing payments for the tradesmen, without forcing the property owner to pay for the work beforehand, ultimately making these tradesmen creditors.
Over the many years since its implementation, the construction lien process has only gotten harder to manage, so much so that many contractors either waive their lien rights or don’t realize they have them at all. When it comes to managing your construction lien rights, it can be quite troublesome and a burden to learn and follow all the necessary requirements in order to maintain and utilize the lien law for your advantage. We understand this and it is why we are here – TO HELP YOU GET PAID!
We Help You Get Paid (Without Hurting Relations)
- Look and act more professional. Having a third party service provider helps you manage your lien rights and ultimately helps you better your collections. It also postures your company as a more professional and organized company
- Open lines for communication. Inform parties that you’re on the job (as the homeowner often doesn’t know you’re on the project) through a preliminary lien notice
- Get paid promptly while still maintaining your lien rights, ultimately improving your cash flow and your ability to grow
- Paid before the lien. More often than not, utilizing the lien law properly will keep you from needing to file a lien, as many of our clients are paid from proactive steps prior to the lien being required
We Are Here to Help
Whether you have questions about the Construction Lien Law (Preliens, Notice Of Intents, Liens, Satisfactions, and now offering Lien Waivers) or how to best utilize it as a company policy to foster better collections/cash flow – we are here and happy to help! We will gladly come meet with you and your team to go over how to best use current systems and practices and how to create a plan that is best suited for your company’s needs.