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Patrick Hogan is the CEO of Handle.com, where they build software that helps contractors, subcontractors and material suppliers with late payments. Handle.com also provides funding for construction businesses in the form of invoice factoring, material supply trade credit and mechanics lien purchasing.
If you have been working as a contractor for a while, you are probably no stranger to the numerous payment issues that plague the industry. Payment delays and even nonpayment are all too familiar possibilities contractors need to prepare for every time they take on a construction project.
