Posts by Dia Sawyer

American Subcontractors Association of Central Arkansas’ Cajun Crawfish Boil & Auction 2017

April 28, 2017 Uncategorized 0 Comments

Construction Finance was honored to be in invited to participate in the American Subcontractors Association of Central Arkansas Cajun Crawfish

Construction Finance was honored to be in invited to participate in the American Subcontractors Association of Central Arkansas Cajun Crawfish Boil & Auction.  Below, John Sawyer, is announcing the Construction Finance Iphone 7 Plus Giveaway!!!

John Sawyer Construction Finance American Subcontractors Association
John Sawyer Construction Finance American Subcontractors Association of Central AR Cajun Crawfish Boil & Auction 2017

 

 

 

 

 

 

 

 

 

 

 

John Sawyer, Rachael Diaz and Iris Feng representing Construction Finance.  These three amazing individuals are the heart and soul of the Construction Finance office in Jonesboro, Arkansas.  They are the ‘Dream Team’ in Construction Invoice Factoring!

Construction Finance at the American Subcontractors Association
The Dream Team of the Construction Finance Jonesboro Arkansas office at the American Subcontractors Association Cajun Crawfish Boil in Little Rock, AR

Lots of goodies at the Construction Finance booth were given away to the 1,000 plus contractors in attendance.

Construction Finance Iphone 7 Plus Giveaway
Construction Finance Iphone 7 Plus and Card Holder Stickers Giveaway

The American Subcontractors Association Cajun Crawfish Boil was sponsored by Hugg & Hall, Construction Finance, Riggs and Crain Automotive Team and many others.  A $500 Cash Grand Prize was given away as well!

Construction Finance Booth 2017 American Subcontractors Association of Central AR Crawfish Boil
Construction Finance Booth at the Cajun Crawfish Boil & Auction at the Little Rock, AR River Market East and West Pavilions 2017

Below John Sawyer announces the Construction Finance 2017 Iphone Plus Giveaway Drawing!!!

Amber Mayfield of Little Rock, Arkansas was the winner of the Red Iphone 7 Plus Drawing!  Congratulations Amber!!!

Thank you all for helping us spread the word about how invoice factoring can help construction contractors accept bigger and more numerous projects.  Accounts receivable factoring has been around for many, many years yet is a new concept in the construction industry.  Thank you all for choosing Construction Finance as your #1 construction invoice factor!

 

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Equal Pay Day for Women and Minorities

April 4, 2017 Uncategorized 0 Comments

To raise awareness of the need for equal pay for all, Construction Finance is giving FREE billing advice to all

Women and Minority Owned Business Month
Free Advice Throughout April

To raise awareness of the need for equal pay for all, Construction Finance is giving FREE billing advice to all women or minority owned businesses throughout the entire month of April!  Some FAQ topics include:

*Job Costing – Direct / Indirect

*Payroll

*Employees vs Contract Labor

*Lease / Rent Equipment vs Purchase

*Financing Projects -Loans vs Invoice Factoring

Call John Sawyer 870-277-4171 or john@constructionfinance.com with your billing questions.

According to the National Committee on Pay Equity, Equal Pay Day is April 5th, 2017 or the second Tuesday in April each year.  Employees are encouraged to wear red to work to raise awareness of how far ‘in the red’ women and minorities are in term of equal pay.

Equal Pay Day was originated by the National Committee on Pay Equity (NCPE) in 1996 as a public awareness event to illustrate the gap between men’s and women’s wages.

On previous Equal Pay Days, grassroots organizing on fair pay swept local communities. Women’s business and professional associations, labor groups, civil rights organizations and others committed to equal pay coordinated activities to raise awareness about how to solve wage inequity.

Equal Pay Day 2013

Equal Pay Day 2012: NCPE honored Betty Dukes, who became the face of pay equity as the key plaintiff charging Wal-Mart with sex-based discrimination in pay and promotion.
>> Other 2012 activities

Equal Pay Day 2011: NCPE honored Citizens Across Wisconsin for defending public workers’ rights — the root of fair pay. Press release
>> Other 2011 activities

Equal Pay Day 2010: NCPE urged passage of the Paycheck Fairness Act.
>> Press release

Equal Pay Day 2009: NCPE joined AAUW and BPW in a Congressional briefing.

Equal Pay Day 2008: NCPE held a press conference on Capitol Hill, an event chaired by CLUW in support of the Lilly Ledbetter Fair Pay Act.
>> PHOTOS
>> Press release

Equal Pay Day 2007: NCPE teamed with Women Work and BPW-USA to stage a rally for equal pay on the West Lawn of the US Capitol on April 24.
>> PHOTOS
>> Press release

Equal Pay Day 2006: NCPE joined forces with The WAGE Project to encourage the formation of WAGE Clubs.

Equal Pay Day 2005:
press event PHOTOS

Read about Equal Pay Day events around the nation and the world.

Information above sited from:   https://www.pay-equity.org/day.html

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3 Simple Steps to Factor Your Commercial Construction Invoices

March 29, 2017 Uncategorized 0 Comments

Is everything around you growing and blooming?  Do you want your business to flourish as well? These 3 Steps Will

Factor Invoice with Construction Finance

Is everything around you growing and blooming?  Do you want your business to flourish as well?

What is Factoring?

These 3 Steps Will Speed Up Funding Today

Construction invoice factoring doesn’t have to be a daunting task.  It’s actually quite simple.  To make it even easier we’ve put together a 3 step process to get you started.  We will do the leg work behind the scenes and give you a call as soon as possible.

  • Do you have unpaid commercial invoices?
  • Would you like to pay your subs and suppliers today?
  • Are you ready to grow your business?

Did you answer yes to the questions above?

If so, you are ready to follow the 3 simple steps below!

  1. Send us a copy of the invoice/ payment application.
  2. List of suppliers that you want to pay.
  3. Your company name, email and phone number.

Yes! It really is that easy!

Submit the information listed above to john@constructionfinance.com and we will give you a call asap!  

See, that wasn’t so hard was it?  We look forward to partnering with you as you grow your business this spring.  Thank you for choosing us to share the experience with you.

We look forward to receiving your information today.

John Sawyer

870-277-4171

If you would like to view and/or submit our full application, click here  Apply Now

If you are a broker and would like to view our broker agreement, CF Brokerage Agreement (1)

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Top 4 Reasons to Factor Your Construction Invoices

March 27, 2017 Uncategorized 0 Comments

 Construction Finance is Your Perfect Partner * Competitive rates. * Fast and flexible solutions. *All-inclusive Fee (NO hidden charges). *We

Top Reasons to Factor Accounts Receivable

 Construction Finance is Your Perfect Partner
* Competitive rates.
* Fast and flexible solutions.
*All-inclusive Fee (NO hidden charges).
*We are the funding source.
*No outside investors.
*Decisions made quickly.

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Construction Finance is Your Factoring Partner

Is Paperwork Not Your ‘Cup of Tea’?
*We specialize in providing you the security you need to get paid.
*We have extensive construction and factoring experience.
*We can provide factoring services to general contractors and subcontractors across various trades such as:

Asphalt
Drywall
Interior Finishing
Concrete
Electrical
Paving
Directional Drilling
HVAC
Plumbing

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Construction Factoring Paperwork

Construction Finance Customer Service Will Blow You Away
*Your phone call, email, inquiries and contact with us will never ever be ignored.
*At Construction Finance we see clients as relationships, NOT leads.

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Construction Finance Customer Service

We Are Construction Finance

 We allow Contractors and Subcontractors, “YES” to new project opportunities!
Contact Us Today               Learn More
John Sawyer
870-277-4171
Check Out Our Application Form Below
We pride ourselves in being transparent in all our dealings.
Application Form
Need Support?
We are always here for you 🙂
Get help »

How it Works at Construction Finance

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Should Your Construction Company Factor Invoices?

February 28, 2017 Uncategorized 0 Comments

There are many scenarios where accounts receivable factoring is the right choice for your company.  The infographic below explains a

There are many scenarios where accounts receivable factoring is the right choice for your company.  The infographic below explains a few of these situations.  Company hyper growth, construction industry boom, invoice payment delays are among many of the top reasons that our clients find themselves needing a construction factor.  Construction Finance prides itself in being the best construction invoice factor in the business.  If you have questions about how invoice factoring works, please give us a call or watch our quick video in the link above “How it Works”.

Would Using a Construction Factor Help Your Business?
Construction Finance invoice factoring
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Business is Booming for the Construction Industry

February 7, 2017 Uncategorized 0 Comments

The future is looking bright for the Construction Industry. We at Construction Finance are ready to support and sustain this

The future is looking bright for the Construction Industry.

We at Construction Finance are ready to support and sustain this sudden growth!!

With sudden growth comes sudden financial growing pains. We are a construction factoring company that can help sustain you in hyper growth. We can buy your commercial project invoices as soon as today!

Contact us at Construction Finance Today

 

Construction Dive

February 3, 2017 Daily Newsletter

Construction employment spikes in January with 36K new jobs

by Mary Tyler March

Dive Brief:

  • The construction industry boasted a successful start to 2017 with 36,000 net new jobs in January, the Bureau of Labor Statistics reported Friday. Industry employment crept to the highest recorded level since November 2008, according to the Associated General Contractors of America. The month’s total construction employment of 6,809,000 showcased a 170,000-job — 2.6% — increase from January 2016.
  • Within the industry, the residential sector added 20,300 positions last month, while the nonresidential sector (including the heavy civil and engineering sectors) added 14,900 jobs.
  • Average hourly earnings in construction notched up 3.2% between January 2015 and January 2016 to $28.52 an hour. Wage growth for construction workers now hover around 10% higher than the overall private sector average.

Dive Insight:

The positive report signals the best month for construction job growth since March 2016, according to the Associated Builders and Contractors. While the U.S. Commerce Department reported a dip in December construction spending earlier this week, the month showed a resurgence in housing starts, due largely to growth in the multifamily sector.

2016 overall saw an uptick in nonresidential construction, accounting for nearly a quarter of the industry’s total job creation, according to ABC Chief Economist Anirban Basu. In January alone, nonresidential projects accounted for more than 40% of net new jobs, signaling faster growth in the sector, the ABC reported.

Despite marked employment growth, the industry’s unemployment rate shot up to 9.4% in January — a figure that Basu said points to increased interest in the construction industry. In a release, Basu said more people have started looking for work in the industry, a trend that he attributes, in part, to indications from the Trump administration and lawmakers that they will make infrastructure spending a priority.

The increase in new construction activity dovetails with an ongoing labor shortage and a pinched regulatory climate that could dampen the effect of the projects. In its analysis, the AGC noted that the spike in employment came as employers increased pay to combat the ongoing labor shortage.

A January survey released by the AGC noted that nearly three-quarters of the 1,281 participating contractors said they hoped to increase their employment in the coming year — but an equal number expressed trouble filling both hourly and salaried positions. And with end-of-month construction openings at a 17-year high, a dearth of workers continues to put a strain on the industry.

“The employment gains would be even larger if there were enough workers with the right skills available to hire,” Ken Simonson, AGC’s chief economist, wrote in a release.

In an effort to jumpstart the worker pipeline, industry groups have suggested marketing efforts, stronger focuses on technical training programs in school, immigration reform and a wide coalition effort. While the labor shortage will continue to squeeze the industry, Dodge Data & Analytics has predicted a 5% increase in starts for 2017, totaling $712.9 billion for the industry, and other industry observers remain cautiously optimistic about the year’s prospects for construction growth.

 

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Congratulations to Jaynes Construction of Jonesboro, AR

January 31, 2017 Uncategorized 0 Comments

Congratulations to Jaynes Construction! Best of Houzz  2017 – Client Satisfaction This professional was rated at the highest level for client

Congratulations to Jaynes Construction!

Best of Houzz  2017 – Client Satisfaction
badge_41_7@2x
This professional was rated at the highest level for client satisfaction by the Houzz community.
Great Job Dennis and Regina of Jonesboro, Arkansas!
From All of Us at Construction Finance!

 

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Have You Been Burned in the Past by Factoring Construction Invoices?

January 27, 2017 Uncategorized 0 Comments

  Have you been burned in the past by factoring Construction Receivables? * Why not refer all your construction clients

 


Have you been burned in the past by factoring Construction Receivables?

* Why not refer all your construction clients to Construction Finance?
* We pay referral fees for the LIFETIME of the Construction Finance/                   Client relationship.
* Don’t Turn Down Construction Funding Opportunities Again!
* Send Us Your Referrals Today.
* John Sawyer
* 870-277-4171
* john@constructionfinance.com
* Construction Finance


 

 

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Getting Paid for Hurricane Matthew Construction Work

October 7, 2016 Corporate 0 Comments

Wonderful article that is an absolute must share.  Matt Viator over at ZLein has valuable advice for general contractors and

Wonderful article that is an absolute must share.  Matt Viator over at ZLein has valuable advice for general contractors and subcontractors who will be rebuilding from hurricane Matthew.  Make sure that you are up to date and aware of all issues that could keep you from getting paid!
Issues Contractors and Property Owners May Face Recovering From Hurricane Matthew
Hurricane Matthew is bearing down on Florida, and residents are either evacuating or bracing for impact. Considering how often Louisiana finds itself in the crosshairs of natural disasters, we’re hoping for the best for our eastern neighbors. However, it is best to be prepared in the situations, so here are some issues that may arise while recovering from Hurricane Matthew

Contractors, Subs, and Suppliers

For those that are performing the much needed recovery work, protection is needed too. In order to secure payment, contractors, subs, and suppliers should be aware of the lien rights for their state. Some of the trickiest subjects when crossing state lines include licensing requirements, contract requirements, and what constitutes lienable work. To that end, here are some of the considerations in Florida, North Carolina, and South Carolina. For more information on the lien law of those states, or any other state, head over to our Mechanics Lien FAQs and select your state.

When dealing with recovery work, contractors, subs, and suppliers will likely be receiving some, if not all, of their payment from insurance companies. Insurance check delays have caused problems in the past, so these parties should understand that it may still be necessary to preserve their rights to payment. We discussed this at length following Hurricane Sandy, so follow this link for more on the subject. For contractors who wish to avoid attaching a lien at all costs, here are some other creative options that may help secure payment.

Property Owners

In the wake of massive storms and natural disasters, contractors, subs, and suppliers flock to affected areas in search of work. Normally, this is a mutually beneficial relationship: contractors find work and help those people who need it the most, while property owners quickly repair the damage on their homes and businesses. However, the construction industry, like all other industries, does have some bad actors. Just recently, contractors have abused homeowners in Florida and New Jersey. Because of this alarming trend, we discussed how to avoid these situations in recovering from the recent Louisiana flood.

When recovering from Hurricane Matthew, the best way to avoid being burned by a contractor will be to prioritize communication on your project. By requiring that contractors list each party working on a project, coupled with a description of each party’s role, a property owner can better understand the payment chain for their project. Knowing what subcontractors and suppliers have been contracted by the prime contractor helps avoid surprises, including the all too common situation of a lien coming “out of nowhere.”

Perhaps more importantly, homeowners should couple payments with conditional lien waivers. By doing so, a property owner asks their prime contractor, subs, and suppliers to waive their right to file a mechanics lien. This may seem like a lot to give up, but the magic of using a conditional lien waiver is that the condition is typically that a party has received payment. So for parties worried about giving up their legal rights, these rights are only waived once they have been paid. Here’s what to keep in mind when requesting a lien waiver.

Conclusion

At zlien, we have plenty of personal experience in dealing with hurricanes, so our hearts go out to those that will soon be recovering from Hurricane Matthew. While the rebuilding process can be an emotional, uphill battle, it is important to protect yourself during the return to normalcy. It is equally important that the interests of contractors, subs, and suppliers are protected during this time. Good work is imperative during a time of recovery, and contractors can only continue to provide their services when they are compensated for their work.

Here are more considerations with Florida, North Carolina, and South Carolina lien law. For more on construction issues during storm anticipation and recovery, check out the articles under our new Storms tag.

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Safe Workplace and Fair Pay Order for Federal Contractors

October 6, 2016 Uncategorized 0 Comments

 At Construction Finance we strive to keep you up to date on all construction issue that matter most! The Fair

 At Construction Finance we strive to keep you up to date on all construction issue that matter most!
The Fair Pay and Safe Workplace Order issued by President Obama will go into effect later this month which will certainly have a widespread impact. The order certainly caught the attention of federal contractors.   For more information, here’s the Fair Pay and Safe Workplaces Order in full, and here’s further guidance from the Federal Register.
federal contractor order 2016

Fair Pay and Safe Workplaces Order Goes Into Effect October 25, 2016

The goal of the order is simple: to promote safe and effective workplaces by rewarding contractors and subcontractors with an exemplary record. The order will do so by placing greater hiring restrictions on contractors bidding for federal projects. The underlying theory is that by excluding contractors with a checkered history regarding labor laws, the government will boost efficiency and quality on federal construction projects.

Preassessment (Began September 12, 2016)

The voluntary preassessment phase of the rollout began just over two weeks ago. At this point, up until October 25, a contractor or subcontractor can request an assessment from the Department of Labor. This assessment will determine if the contractor has any past violations and the degree of severity of such a violation. The advantage of taking part in preassessment is that by successfully clearing the assessment, a contractor will have a verified record of labor law compliance going into the next phase of the rollout.

Contractor Disclosure (October 25, 2016 – April 24, 2017)

The first phase of the rollout is the contractor disclosure phase. Beginning in late October, contractors bidding on federal projects will have to abide by the disclosure requirements of the order on projects of $50M or more. Following April 24, 2017, these requirements will apply to all federal contractors bidding for projects exceeding $500K.

Paycheck Transparency Provision Takes Effect (January 1, 2017)

The Paycheck Transparency Provision takes effect on the first of the year. This provision calls for a detailed record of payment information for employees when a project exceeds $500K. The record should include hours worked, including overtime, rate of pay, gross pay, and any deductions made.

Subcontractor Disclosure (Begins October 25, 2017)

Beginning in October of next year, subcontractors on federal contracts will also fall under the Fair Pay and Safe Workplaces Order. Until then, subcontractors should treat this time as an extended preassessment period. Subs are encouraged to voluntarily request an assessment from the Department of Labor before subcontractor disclosure becomes mandatory.

Public Disclosure Period

The public disclosure period was harder to put a date on, but it goes into effect on October 15, 2016. But this creates more of a cut-off provision concerning violations prior to October 15, 2015. According to the order, contractors must publicly disclose labor law violations. However, in the interest of fairness, disclosures will only include labor law violations occurring after October 15, 2015. With this cut-off, contractors will not be penalized again for any violations occurring prior to the implementation of the Fair Pay and Safe Workplaces Order.

Takeaway

The Fair Pay and Safe Workplaces Order has not been welcomed in the construction industry, at least not by the Associated General Contractors of America and the Associated Builders and Contractors. However, the goal of the act, which includes transparency in construction payment, is something that the industry desperately needs. No matter how a contractor or sub feels about the act, if they want to work on federal projects, these are important dates.

Construction Finance can help you get your finances in order ASAP!  Call John Sawyer at 870-277-0658 or visit www.constructionfinance.com today!

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