LCR: Letter of Credit Recovery:
When dealing with various issues that affect your overall revenue cycle management, receivables, lines of credit, or Contract/Commercial Surety bonds status, Cornerstone has a unique service to assist you quickly and efficiently - LCR(Letter of Credit Recovery) .
Typically, while standby letters of credit secure the proper and timely construction of a project, there are certain issues that may prevent timely reimbursement of the funds OR completion of a project, such as:
Cornerstone LCR services are designed to accelerate the resolution of those deficiency items and close the respective project with a quick and cost-effective plan.
We recognize customers and projects vary and are all unique, so we design strategies to meet the specific needs of each claim. Our experienced team of site management specialists and diagnostic contract professionals deliver solutions deeply rooted in construction management.
Our key services integrate core functions within the complex construction revenue cycle and allow you to improve your revenue cycle in a cost-effective and efficient manner.
Protect your interests by contacting Cornerstone about our LCR- Letter of credit recovery services today!