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NACM hosts first MLBS lien seminar.(TRADELINE)(National Association of Credit Management)(Mechanic's Lien and Bond Services)(Brief article)
Greg Powelson, president of NACM's Mechanic's Lien & Bond Services (MLBS), recently delivered a seminar entitled "Building the Optimal Construction Credit Department," at NACM's headquarters in Columbia, MD. Powelson focused on the complex idiosyncrasies of construction credit and offered attendees tips to create a construction credit department that reduces the company's risk and sells more than its competitors.
In his presentation, Powelson discussed the ways in which certain legal requirements change from state to state and the best methods for maintaining up to date information on each state's ever evolving construction credit environments. He also offered tips on effective credit administration, collection efforts and the many ways that construction ...
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