Lien-Pro by Priority Credit Management

06/28/2023

***SUMMER SAVINGS EVENT – DEADLINE SEPT 1ST***



Good Day,



2022 was an excellent year for most companies as cash flow was good, meaning only a few were filing liens; however, we have noticed an uptick in 2023 with an increase in liens being filed. Many report the reason for the liens were due to constricted cash flow from supply chain pricing pressures and interest rates.



Having pre-paid liens in your back pocket enables you to act quickly. While we hope you never have to file a lien, we are here to help you protect your company when the time inevitably comes. Registration of a lien is not a guarantee of payment; therefore, you might want to consider other options you can layer with your lien, such as enlisting the services of a professional licensed debt collector. We want to assist you with all we can, so you have the best odds of getting paid.



If you have any questions, please feel free to reach out. I look forward to hearing from you!

10/26/2020

The point of filing a lien is to get paid. Not all projects are made equal- sometimes filing a lien is not your best option.

If you do decide lien filing is the best route for you, please make sure you gather the right information beforehand.

Find a copy of our lien filing checklist at lien-pro.com

08/26/2020

Let's be honest, the in's and out's of liens can be complex, and frankly just a lot to remember.

That's why we started putting together short videos like this for you to keep in your arsenal, that answer questions we receive at Lien-Pro on a regular basis.

One of the common confusions with clients who call in is around perfection deadlines in Ontario. Since the Ontario lien laws changed in 2018 there has been an understandable amount of confusion around deadlines.

Quinn breaks it down in this 3-minute video. We hope it helps answer some questions.

And as always, if there are more questions, feel free to reach out to our team. We love talking about this stuff.

Have a great weekend!

04/21/2020

Have you provided labour/ materials to a government site and not received payment?
You may be eligible to file a Public Works Claim
You can read more in our blog

Have you provided work to a Government of Alberta Project and not been paid? When can you use a public works claim and when should you?

04/09/2020

Are you getting a lot of promises for payment, but not seeing a lot of money coming through?
How do you convert those promises into cash?

Here are 7 tips to help you to start to see follow-through on promises for payment from your customers

In today’s uncertain business climate, following up on customer payments is more important than ever. We are already seeing many firms holding onto their cash in anticipation of our economic recovery taking longer than anticipated. Unfortunately, your business needs cash flow to survive as well. T...

04/06/2020

Are you looking for the top tips when reading and interpreting your commercial credit report?

What is the best way to break down the information presented?

How can I best use this to manage my risk effectively?

How much credit should I extend to my customers based on their report?

Brad Lohner breaks this down in more detail in this weeks Blog- How To Read & Interpret a Commercial Credit Report from pcmcorp.com https://pcmcorp.com/blog/read-credit-report/

This article discusses the detailed breakdown of a credit report, and best practices when considering extending credit to your customers.

This article discusses the detailed breakdown of a credit report, and best practices when considering extending credit to your customers.

04/01/2020

COVID-19 Update: Priority Credit and Lien-Pro are continuing to operate during the COVID-19 pandemic. Though our physical location remains closed, our staff will continue working remotely, assisting you with all of your accounts receivable needs. We understand there is a lot of uncertainty with receivables during these times, and we are here to help. If you require more information about debt recovery or lien filing please do not hesitate to give us a call (866-266-0137)

02/13/2020

Lien deadlines are tight in any Canadian province. If you miss your deadline and aren't able to file your lien, what do you do next?

In this PCM Corp blog our credit and construction experts explore the options available to a creditor who has missed their lien filing deadline and how to prevent it from happening again.

06/26/2019

Thank you Edmonton Construction Association for having us out and keeping us warm with coffee and baileys. What a great day it was!