For CRE income-producing property development transactions, mechanic’s liens and their consequences can be a nightmare. iCREDIT offers a proactive solution.
There is no way to prevent anyone from alleging anything in a civil or criminal complaint, but you can hold the parties responsible for fraudulent mechanic’s lien filings who are in fact responsible with iCREDIT. iCREDIT takes this problem head-on:
- Payment Dispute Resolution. iCREDIT provides a proactive payment dispute resolution program to keep business moving and help prevent disputes from getting out of control.
- Lien Waivers. The iCREDIT program constructs provides the customer with proactive liability protection from fraudulent mechanic’s liens.
- Care Program. The iCREDIT program documentation flow provides a quick path to resolution for vendors who do not live up to their promises.
- Execution Risk Management. One of the most desirable side benefits of the iCREDIT mechanic’s line mitigation approach is the unique program approach that provides additional safeguards against execution risk failures due to lack of communication or miscommunication on the job site or in the front office. Managing the work just got a whole lot easier because you have iCREDIT.
iCREDIT is designed to go beyond payment processing, beyond vendor management, beyond execution risk management, beyond financial transparency and fraud prevention to increase your cash flow starting in the very first month of use. iCREDIT gives you the tools and outcomes to increase your opportunities for greater capital gains and access to capital investment in a way that you will be bound to like. Contact us today and learn what the dollars and cents could mean to your business, your lender and your investors.