There is no question that construction lending has the potential to be profitable but it can also be very risky. Consider that in just the last five years, one in ten banks reported that at least one construction project had failed – and more than half of those failures were due to construction cost overruns. […]
No construction lender knowingly takes on unnecessary risk but all too often, risk is taken on just the same. At we work with many clients who have had great successes and those who have dealt with harder times. Today we will discuss three of the best lessons your construction lending company can learn if you […]
After 5 years of planning, over 2,000 hours of development, and endless hours of beta testing we’re proud to say that, in our 25th year, we have made history again with this latest release of Fund Control. Key new features: Web Browser based Visual mapping with weather and environmental condition overlays Draw based lien waiver […]
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