Nationwide Blogs

APRIL 2024
Understanding Automation vs. Integration in Mechanics Lien Laws with Nationwide Notice In the complex world of construction projects, mechanics lien laws play a crucial role in protecting the rights of contractors, subcontractors, and suppliers. These laws ensure that parties involved in construction projects are compensated for their work and materials. However, ... Read more	Evaluating the Cost of In-House Accounts Receivable Protection versus Outsourcing to Nationwide Notice In the realm of business management, the decision to keep accounts receivable protection in-house or to outsource it to a third-party professional can significantly impact both operational efficiency and financial health. While internal control may seem appealing, it's essential to... Read more	Secure Your Lien Rights with Nationwide Notice: Why It Matters In the complex world of construction and contracting, securing your lien rights isn't just a precautionary measure‐it's a strategic move that can make all the difference in ensuring you receive timely payment for your work. At Nationwide Notice, we understand the importance of protecting your interests, and... Read more
MARCH 2024
Leveraging Nationwide Notice for Efficient Mechanics Lien Management In the intricate landscape of construction projects, mechanics liens stand as vital instruments for securing payment. However, navigating the complexities of lien processes can often be daunting and time-consuming for businesses. Here's where Nationwide Notice steps in, offering a comprehensive solution for... Read more	Protecting Your Business: The Significance of Mechanics Lien Rights in California In the bustling world of construction, ensuring timely payment for services rendered is paramount. Unfortunately, payment disputes are all too common, leading to financial strain and legal battles. That's where mechanics lien rights come into play, safeguarding your interests and... Read more	Secure Your Business Assets: Understanding UCC Filings with Nationwide Notice In the dynamic landscape of business transactions, safeguarding your assets is paramount. One crucial tool for protecting your interests is the Uniform Commercial Code (UCC) filing. At Nationwide Notice, we understand the importance of securing your assets, and... Read more
FEBRUARY 2024
How Construction Companies Get Paid Faster Time is money in the fast-paced construction industry. Ensuring that your construction company receives payment for services on time is one of your biggest concerns. Late payments can strain relationships with suppliers and subcontractors, impair project development, and... Read more	Mechanics Lien vs. Notice of Intent to Lien: What's The Difference? In the construction industry, there are various rules and regulations put in place to protect the rights of contractors, subcontractors, and suppliers. Notices of intent to lien and mechanics liens are two essential legal elements you'll want to understand. You might also need... Read more
JANUARY 2024
Understanding Terminology in the Construction Notices World Industry jargon is great for those who are familiar with it, but if you're new to the world of construction notices, you might not understand a lot of what you're dealing with. Fortunately, you're not alone. Several types of documents fall under... Read more	What Is a Notice to Owner and Why It Matters A Notice to Owner (NTO) is a document that falls under the category of preliminary notices in the construction industry. Plenty of people have heard of the term, but aren't quite familiar with exactly what it does or why it exists. Simply put, the NTO is... Read more
DECEMBER 2023
Mechanic's Lien 101 What You Need to Know to Get Paid Mechanic liens are a powerful tool in the construction industry. They exist to make sure construction project participants get paid for the work done. If you're involved in the construction industry, it's essential... Read more	Field Management Solutions What You Need to Know Field management solutions are becoming more popular in a variety of business fields. If you're considering implementing one of these solutions into your company, learning all you can about what they offer is crucial... Read more	The Basics of Construction Notices Preliminary Notice vs Notice of Intent to Lien Construction notices are an essential part of the construction industry. These legal actions are taken to ensure that contractors receive the complete payments they're owed for projects they complete on properties. Understanding the differences between Businesses everywhere are looking for ways to streamline their processes. You save time and money when you can simplify how your company operates. Technology has evolved tremendously and offers a wide array... Read more
NOVEMBER 2023
4 Ways for Construction Business Owners to Manage Cash Flow Let Nationwide Notice, Inc. solve your cash flow challenges. The construction industry can be very lucrative. However, it can also be challenging to manage your company's cash flow. Between slow-to-pay customers, not having the right... Read more	What Is a Notice of Intent to Lien in Construction In a perfect world, every customer would pay promptly and in full and there would never be a need for a "Notice of Intent to Lien." Sadly, we don't live in such a world. It's not unusual for construction customers to drag their feet... Read more
OCTOBER 2023
Missouri Contract Licensing ‐ Basic Requirements and Rules One of the most critical parts of being successful in the construction industry is being paid on time. However, this can also be a major challenge. Clients don't always want to pay on your schedule, especially if they aren't... Read more	The Different Types of Capital for Construction Companies Capital is a vital part of construction companies, from beginning one to keeping it running. There are different types of capital, and it's important to know what they are and what they mean for construction companies. Read more
SEPTEMBER 2023
How To get Paid in Construction on Time Every Time One of the most critical parts of being successful in the construction industry is being paid on time. However, this can also be a major challenge. Clients don't always want to pay on your schedule, especially if they aren't... Read more	Protecting Your Receivables with an Automated Process Construction and service companies often operate by having part of their projects on credit. Extending credit to clients for completed jobs results in an owed amount known as accounts receivable. However, it's not always... Read more
AUGUST 2023
Essential Tips for Every Construction Company to Grow Going from a small construction company to a medium-sized one takes work. Moving forward to being one of the top businesses in the industry is even more challenging. There are lots of things to keep in mind... Read more	Simplify the Processes of Your Business with a Field Management Tool Are you looking for a way to boost efficiency, save time, and facilitate communication between team members and management? If so, a solid field management tool does all of the above (and more). It frees up time and reduces complications... Read more	Tennessee Contract Licensing The Basic Requirements and Rules As a specialty or general contractor in Tennessee, itï¿½s essential to know the rules and requirements of the state. This is especially crucial in Tennessee, which has six license classifications... Read more
JULY 2023
Different Ways to Protect Lien Rights: In-House vs. Outsourcing Lien policies are an essential part of the construction industry. Liens are a great way to ensure that contractors and subcontractors get paid for projects and that no one is hemorrhaging money on projects where people arenï¿½t bothering to settle the bills. ... Read more	Georgia Contract Licensing: The Basic Requirements and Rules Georgia has a State Construction Industry Licensing Board that governs contractor licensing and all that it entails. Contractors in this state are required to be licensed by law unless they perform certain trades... Read more	Lien Waivers in Construction: What to Know Although lien waivers arenï¿½t new, theyï¿½re often complex, and many of the details can get overlooked. Unfortunately, that never ends well for anyone. All people who are involved in construction projects should understand lien waivers and how they work, as well as... Read more
JUNE 2023
Getting Paid with a Mechanicï¿½s Lien in Construction Construction is one industry where there are often issues with contractors (and others) getting paid and work getting completed in a timely fashion. If you are one of those who find yourself unpaid, you have a few different options. The main choice, and the most common tool available to you ... Read more	Texas Contract Licensing - The Basic Requirements and Rules In Texas, there are different requirements for each type of contractor, but the general rules and processes are fairly similar across the board. Figuring out whether you need a contractor license in Texas depends on your role and the type of work that you do, as well as other factors. ... Read more	The Basics of Preliminary Notice in Construction At some point in your contracting or construction career, youï¿½ve probably had at least one experience with trying to get paid in a timely manner. Unfortunately, there are some instances where people just donï¿½t pay, or they take their time paying the bill. The good news is that there is recourse... Read more
MAY 2023
Improving Cash Flow for Construction Business Owners One of the most common reasons for a business to crumble is running out of cash. This is a real issue for construction companies who front the project costs before an invoice is sent out. Itï¿½s essential... Read more	The Basics of Invoice Factoring in Construction Everyone in construction knows just how tight cash flow can be. Sometimes, payments come in slowly, which makes it hard to sustain or grow the business. Thankfully, there are legal options... Read more	New York Contract Licensing ï¿½ The Basic Requirements and Rules If you want to work as a general contractor in the construction industry in New York, youï¿½re chosen a wonderful path. However, regulations and requirements vary from one state to the next, which can make the process a bit confusing. ... Read more
APRIL 2023
Protecting Lien Rights - When to Consult an Attorney As a contractor or construction company, you may have certain rights regarding property liens. This is designed to ensure that you get paid for your work and that people cannot shirk their debts... Read more	Florida Contract Licensing - The Basic Requirements and Rules Florida, like all states, has its processes for contractor licensing and certification. The state requires contractors to hold a Florida Contractor License to serve as a guarantee that they are qualified to do the work and that they have the necessary insurance and licensing in place. ... Read more	Notice of Intent to Lien in Construction - What to Know As a contractor, one of the most important parts of the job is getting paid. That usually seems a lot easier said than done, but it's good to know that contractors have the resources to assist them in getting the money they are owed. One of the ways that you can make sure you get paid ... Read more
MARCH 2023
Switch to Lien Software to Protect Your Receivables Today, a lot of construction companies are still processing liens and notices manually. This means they are handling the research, printing out all of the information and forms, and taking care of the mailing all on their own. While this may be feasible... Read more	Challenges to Look Out for: Manual or In-House Process for Notices While no one likes to send lien notices, it is often a fact of life when it comes to asserting your rights, ensuring payment, securing receivables, and more. Of course, the entire process of sending out notices can be difficult... Read more	Post-Pandemic Construction Project Delays and Cancelations When you supply the labor or materials needed to build or improve a property, you expect to get paid. However, we all know that this doesnï¿½t always happen, so you may find it necessary to file a... Read more
FEBRUARY 2023
The Impact of COVID-19 on the Construction Industry and Contractors The construction industry faces a host of challenges, but few things have caused as many problems as the COVID-19 pandemic. The arrival of the pandemic changed things for everyone. Most companies werenï¿½t prepared... Read more	Construction Costs and the COVID-19 Pandemic ï¿½ Cost Inflation COVID-19 affected the world in countless ways. It changed the way people work and how businesses run, how people interact with one another, and how big projects get done. Everyone is still feeling the effects of the pandemic... Read more	Post-Pandemic Construction Project Delays and Cancelations COVID-19 might've reared its head in 2020, but we can all agree that its effects continue to be felt. It is likely that we will be dealing with the repercussions for years to come. Individuals and businesses alike are still... Read more
JANUARY 2023
The Importance of Lien Waivers in Construction Construction is a business of relationships. The contractor establishes a relationship with the client and with subcontractors and suppliers. Relationships are built on trust, but in construction... Read more	Construction Notices Basics: Preliminary Notice vs. Notice of Intent to Lien People who spend time in the construction industry have likely heard the terms preliminary notice or notice of intent to lien. Often, both terms are referred to as a notice which can confuse... Read more	Back Charges in Construction: What to Know In the perfect construction scenario, money flows down the supply chain from the owner to the general contractor to subcontractors and suppliers. However, an ideal construction project doesn't exist... Read more
DECEMBER 2022
Know to Grow ï¿½ Tips for Every Construction Company There is an old saying in business: "If you're not growing, you're dying." While that is a little too simplistic, growth is necessary no matter the business. If you are looking to take your construction company to the next level ... Read more	Lien Laws Update: Grorgia A lien is commonplace both for residential and construction properties. For the latter, it is a claim that is made against that property, either by the contractor or subcontractor... Read more	Lien Laws Update: Texas Texas passed a litany of new lien laws back in March of 2022. Knowing more about those lien laws and how they can impact both contractors and owners is a crucial part of the construction process.... Read more
NOVEMBER 2022
Lien Laws Update: Arkansas In 2021, the state of Arkansas made sweeping changes to the statutes concerning public and private bonds. These changes affect contracts that started in April 2021 and involve multiple types of notices and deadline requirements ... Read more	Lien Laws Update: Missouri For those who work in construction in the state of Missouri or are involved at some level of the construction process as a contractor, subcontractor, sub-subcontractor, or material supplier, recent updates to ... Read more	Lien Laws Update: Tennessee If you are a construction worker in the state of Tennessee 2020 updates to the state lien laws may affect you. Whether you're serving as a contractor, subcontractor, sub-subcontractor, or material supplier... Read more
OCTOBER 2022
Mechanics Lien In New York ï¿½ FAQs and Guide A mechanic's lien is a security interest in the property title for the benefit of those who have supplied labor or materials that improve the property. Mechanics liens protect general contractors ... Read more	Invoice Factoring in Construction ï¿½ How it Works Cashflow is a pain point in the construction industry. Invoice factoring can help construction companies facilitate better cash flow and business practices... Read more	Common Problems and Solutions: Managing Cash Flow in Construction Cash flow is a pain point in the construction industry. The construction industry is riddled with late, slow, or partial payments for services rendered. Without taking steps to prevent cash flow issues, construction companies can easily find themselves in a bad position... Read more
SEPTEMBER 2022
Lien Law Requirements in States Other Than Florida Mechanic lien rights are a unique element of the construction industry. These rights are given to construction project operators to allow them to file a mechanicï¿½s lien if they arenï¿½t paid for their services. However, itï¿½s important to... Read more	Alternative Options in Protecting Lien Rights: In-House vs. Outsourcing You have two choices when it comes to serving lien and payment notices as an owner of a construction company. You can choose to complete the process in-house or manually, or you can outsource the work. They're very different options,... Read more	Increased Costs in Construction Motivates Companies to Secure Their Lien Rights - Tips If you work in construction accounts receivable, it can be stressful if you donï¿½t approach it the right way. While itï¿½s easy enough to give out credit to anyone who asks for it, it can quickly become hard to collect those payments. However... Read more
AUGUST 2022
Have a Construction Business? Here's How to Improve Cash Flow Cash flow is the relationship between money coming into and money going out of a business. Most people are probably familiar with the importance of managing cash flow, especially if they run a business of their own... Read more	Knowing the Different Subcontractor Types When it comes to the construction contracting trades, many different skill sets play integral roles in helping to bring a project to completion. It's very rare that a lead contractor or general contractor brings a project from start to... Read more	How a Mechanicï¿½s Lien Gets You Paid - The Basics No business likes facing a delay in payment for services rendered. Progressing or completing a construction job canï¿½t be done without purchasing resources or building materials... Read more
JULY 2022
Requirements and Rules for Florida Contractor Licensing ï¿½ What to Know Becoming a licensed contractor could be the gateway to a rewarding career, serving other people and earning a living while being your own boss. Building trades are struggling to find good workers at all levels... Read more	Construction Lien Waivers: An Ultimate Guide In the construction industry, itï¿½s important for contractors to be assured that they will be compensated for their services. In order to help incentivize their customers to make sure their invoices are paid in a timely manner, most states afford contractors the right to place a construction lien on a property, if... Read more	Rising Prices and How Contractors can Deal with Them ï¿½ Construction Costs Inflation seems to be the running theme of 2022, and everyone is feeling the effects of it. Whether you are a consumer or a business owner, you are being impacted by rising costs in every market space in the economy... Read more
JUNE 2022
Protect Your Receivables and Utilize a Lien Software Are you in the construction industry and struggling with being paid in a timely fashion? Are you at a loss about how to reverse the trend and keep yourself solvent while still accepting new contracts?... Read more	The Difference Between Collections and A Mechanics Lien In some states, a construction lien is also called a mechanics lien. In the construction business, a mechanics lien is used to help ensure that you receive payment for work you performed on a construction project... Read more	What to Know About Preliminary Notice in Construction If you are in the construction business, it's essential to understand a preliminary notice and why you need to file one. Professionals who overlook or skip this part of the process risk facing non-payment for services rendered... Read more
MAY 2022
How to Get Your Business Paid on Time in Construction If you own a construction business, you likely are aware of the hardships involved in getting your payments on time. Learn these tips for how to get paid faster... Read more	What is a Mechanics Lien and Why is it Important? A mechanic's lien is a legal document that contractors, builders, or construction firms can use to guarantee receipt of payment for their work on a project... Read more	What are Lien Waivers and Why are they Important If you're in the construction business, you've likely come across the idea of a lien before. However, if you know about liens, you must know about lien waivers as well... Read more
APRIL 2022
How does a second - tier subcontractor protect their receivables when there is retainage? Regardless of what rung of the ladder you're on during a construction project, itï¿½s important to understand how you protect your receivables or how much youï¿½ll get paid... Read more	Deadlines for Filing a Preliminary Notice In Florida When you're a contractor working on a construction project in Florida,you're required to send a Notice To Owner to keep your mechanics lien rights intact to protect against any form of non-payment... Read more	When Can an Attorney Be Contacted to Protect Lien Rights When it comes to being paid for a construction project, it's important that you have the services of an attorney.However, even an attorney isnï¿½t allowed to break the chain... Read more
MARCH 2022
Manual or in - house process for construction notices revised When it comes to construction notices, all of the language and terms within each document must be formatted perfectly and filed in the proper manner... Read more	The differencet stages of a construction project and why it matters If youï¿½re in the construction business or are planning on becoming involved with any type of larger commercial real estate project, you must have a firm understanding of every arm of this industry... Read more	Subcontractor Types in Construction: The Importance of Knowing the Differences There are several working parts of any large construction project. A general contractor is normally the ï¿½constructionï¿½ company thatï¿½s in charge of the project... Read more
FEBRUARY 2022
Can Lien laws protect your customer relationships The short answer is YES!! However, filing a mechanic's lien is a serious step in business. When youï¿½re chasing money thatï¿½s owed to you itï¿½s important to remember that filing a lien against real property can... Read more	HOW MECHANIC LIENS WORK One of the most effective steps for receiving delinquent payment for rendered services in the construction industry is to file a mechanic's lien. This is the final step, short of foreclosing a lien, and on many occasions and is often the most effective... Read more	What Happens When a Project Owner Loses Funding? When you're working on a sizable project, one of the most important elements is ensuring funds are available throughout the entirety of the project.Large construction jobs require a constant influx of money, as the bills can pile up very quickly... Read more

JANUARY 2022
How to Make the Transition to Lien Rights Software From Spreadsheets an Easy One When you get new software, the most intimidating part can be transferring your data. This article hopes to guide you through the processes and offer some tips to make data transfer absolutely seamless... Read more	FAQs - Notice of Intent to Lien in Construcion Do you have a question about Notice of Intent (NOI) to lien in construction? Or have you received one, and would like to understand what this letter is detailing? Then this article is for you... Read more	What to Know About Lien Waivers in Construction Like in every industry, a construction business wants to make sure that they get paid. This is particularly vital in service industries where itï¿½s not just resources or a product lost by a failed payment, but hours of time and hard labor... Read more
The Ultimate Guide to Overhead Costs in Construction for Contractors Construction accounting can be a little intimidating, even for those familiar with accounting because the purpose of bookkeeping changes slightly when dealing with a construction business... Read more	The Mechanics Lien - A Brief History The mechanicï¿½s lien and the right for ownership and payment are actually quite interesting, and the creation of these liens as we know them, today, lies right alongside the rich history of the founding of the United States of America... Read more	The Basics of Back Charges in Construction Sometimes the worst thing happens: a subcontractor or even a construction company is unable or simply does not do a satisfactory job fulfilling the work they were contractually obligated to complete... Read more

DECEMBER 2021
Challenges When Using an In-House or Manual Process for Your Notices When you own a construction company, you have two choices when it comes to serving lien and payment notices. You can choose to complete the process in-house or manually, or you can outsource the work... Read more	Different Ways to Get Paid By a Lien - How Mechanics Liens Work Have you ever invested time and money on a construction project and didnï¿½t get paid? If you have, then you understand how frustrating this can be. One unpaid construction project can be a disaster for a start-up or small... Read more	Everything You Need to Know - How to Get Paid In Construction Most people would assume that construction projects are easy to get compensation for, considering their high amounts. However, construction companies get stiffed just as easily as companies that sell small-ticket items... Read more
Preliminary Notice in Construction - What to Know When you wish to file a lien in the construction business, you must follow the proper steps and file the paperwork properly. Sending a preliminary notice is one of the most important steps in the lien process... Read more	The Process of Removing a Lien No contractor ever wants to file a lien against a property owner. However, when payment isn't prompt, business owners must take steps to protect themselves. However, once payment is received, a property owner needs to be able to remove that lien... Read more	Tips Every Construction Company Should Know to Grow Becoming the owner of a successful construction company is a huge accomplishment. It takes years of hard work and dedication to build a stable foundation for even a small construction company... Read more
NOVEMBER 2021
Construction Companies Doing Business with Lien Software is the Future Many construction business owners handle the lien process manually by doing the research, printing out the forms, and mailing them out themselves. While this is the way... Read more	How to Protect Your Lien Rights as a Supplier or Subcontractor in Florida If you're a supplier or subcontractor in Florida, youï¿½ve probably experienced not getting paid for a project you finished months ago. This is by far one of the most frustrating parts of the construction industry... Read more	Improving Cash Flow and Getting Capital If youï¿½re a contractor, you know how long it can take to get paid for a job you did. Oftentimes, you wonï¿½t receive a penny for the work youï¿½ve done until after many months have passed since the completion of your project... Read more
What Contractors and Suppliers Can Do When Their Invoice is Rejected As a contractor or supplier, you know what itï¿½s like to spend weeks waiting for a payment that never arrives. With payments taking an extremely long time to go through in the construction industry... Read more	What is a Lien and How Long Does It Last Liens are legal claims against a piece of property that are recorded with the local county. Mechanics liens are claims made against a property by a contractor or subcontractor who hasnï¿½t been paid... Read more	What You Need to Know to Get Paid Contractors who own a construction business know how difficult it can be to get paid on time. With many property owners choosing to delay or forgo their payment obligations altogether, it is important to know what legal recourse you have when this inevitably occurs... Read more
OCTOBER 2021
Different Ways a Lien Gets You Paid Contractors who have been in the business long enough know that getting paid isn't always a guarantee. Maybe youï¿½ve been in a situation where the job was completed, but payment was never received. In this scenario, it might start looking like you will never be paid... Read more	Florida Contractor Licensing - A Rules and Requirements Guide If you've been thinking about becoming a contractor in Florida, you might be wondering what the licensing requirements are. All contractors working in the state will need a contractor license to work legally... Read more	Lien Waivers in Construction - The Best Guide General contractors in the construction industry have most likely encountered lien waiver documents, however more often than not, these complex yet important forms are overlooked... Read more
Negotiating Government Construction Contracts - Tips If you're a contractor getting ready to oversee a government construction project, you might be wondering how to negotiate the best contract for your company and employees. Negotiating government construction... Read more	The Basics of Getting Paid in Construction If you've been in the construction industry for a while, youï¿½ve probably experienced having clients who refuse to pay for the services you provide. This can be one of the most frustrating things that can happen as a contractor... Read more	What is the Difference - Line of Credit vs. Invoice Factoring If you're a general contractor looking for business financing, youï¿½ve probably found that there are a variety of options available to you. Two of the most popular products available are either a line of credit or invoice factoring... Read more

Nationwide Blogs

The Different Types of Capital for Construction Companies