zlien Wins Coulter IDEAPitch at New Orleans Entrepreneur Week with Platform That Disrupts Financial Risk Shifting Practices in the Construction Industry
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On
"In the past year, zlien's platform has secured over
That traction and the company's big impact value proposition won over panelist and investors, who were asked to think about what zlien's technology could mean to an industry with over a
Created in 2010 by
"Managing credit risk and getting paid on invoices is a high-stakes hassle for specialty contractors, equipment rental companies, and material suppliers," says Wolfe. "This is a big idea to flip the financial risk paradigm upside down, and unchain the industry from unreliable credit data and bulky credit and collection processes."
Founded in 2007, zlien's platform gives the construction industry greater control over its bottom line and receivables funnel by empowering companies to control their lien and security rights.
"It's common sense for banks, financing companies, and other industries to rely on security rights," says Wolfe, "but even though the construction industry has security options, it is lost in a labyrinth of nuances and regulation" without the zlien platform.
As the winner, zlien will travel to
About zlien
zlien provides software and services to help building supply and construction companies reduce its credit risk and default receivables through the management of mechanics lien and bond claim compliance. Founded by experienced construction attorneys, zlien is the leading publisher of mechanics lien and bond claim resources and analysis, and has led the industry in innovating credit risk management solutions by utilizing the lien and bond claim laws. Learn more at http://www.zlien.com
Read the full story at http://www.prweb.com/releases/2014/04/prweb11721090.htm
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