Retainage is the construction industry’s "hidden" interest rate. When 10% of your contract is held back, you aren't just waiting for payment, you’re subsidizing the GC’s project with your own payroll and material costs. For a $3M subcontractor, that’s $300,000 in dead capital.  If you’re using a line of credit at 10% interest to cover that hole, you are literally paying to work. The most successful subcontractors in the US don't treat retainage as an inevitablity. They treat

As a construction bookkeeping professional, one of the most misunderstood areas I’ve seen among contractors is managing retainage—and...

As a construction company, managing your   retainage construction receivables  is crucial for maintaining a healthy cash flow and...

If you are leading a construction business, deciphering the concept of retainage construction could be a complex task. Even if you're...