Engineering News-Record quoted Partner Warren Hennagin in an article about how some companies boosted their finances under the federal Main Street Lending Program.
By Richard Korman and Scott Van Voorhis
Warren Hennagin, a partner at accountant Marcum, said the Main Street Lending Program was much more of a lifesaver for his contractor clients, who obtained smaller loans in the $2 million range. “They are clients that really had very few other options on where to go for it because of their credit or because of their companies being a little bit on the downslide,” Hennagin said.
Marcum Construction Group
One of the leading construction accounting firms in the U.S., Marcum LLP’s Construction Services group provides audit, consulting, and taxation services to clients ranging from start-ups to multi-billion-dollar enterprises. The group’s professionals, among the country’s foremost experts in construction accounting, are frequent industry authors and speakers and serve as technical reviewers for the AICPA’s construction audit and taxation guides. Marcum’s construction group also publishes several definitive industry resources – including the annual Marcum National Construction Survey, the quarterly Marcum Commercial Construction Index, the Marcum PAS Contractor Compensation Quarterly, and the annual Marcum JOLTS Analysis of construction employment trends – and presents an ongoing series of industry summits and technical webinars focused on the unique needs of construction contractors.
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