Construction Loan Monitoring Services Helping lenders and stakeholders mitigate construction risk through independent reporting, draw oversight, site inspections, and SBA funds control services.
Construction loan monitoring is the independent review of construction progress, project budgets, contractor billing, schedules, and draw requests on behalf of lenders, developers, and stakeholders. Third-party construction consultants help mitigate risk by providing site inspections, document and cost review, monthly reporting, and close-out reporting throughout the construction lifecycle.
A construction loan monitoring consultant reviews project budgets, contractor pay applications, draw requests, change orders, schedules, contingency usage, and overall construction progress. The goal is to help lenders validate that funds are being disbursed appropriately and that projects remain aligned with budget and schedule expectations.
SBA loan funds control services help lenders manage the disbursement of construction loan proceeds for SBA 7(a) and SBA 504 projects. Services typically include document review, contractor billing verification, draw administration, site inspections, and reporting to help reduce construction lending risk and maintain compliance with SBA requirements.
Learn more about what our SBA Loan Funds Control service entails
The Document and Cost Review consists of an in-depth analysis of project documentation inclusive of design and construction contracts, project team qualifications, drawings, specifications, surveys, budgets, schedules, governing authority approvals, and specialty engineer reports. With our 50 + years of construction experience, in-house experts, and proprietary database, we can complete accurate comparisons regarding project cost, time, and project team experience based on geographic region and specific project type.
