Construction Funds Control
Commercial Construction Funds Control
Funds control/construction loan monitoring services empower the lender or partner to make an informed judgment on the quality of the project before any funds are committed.
GWG also provides updates on the status of construction, project costs and potential overruns, potential delays, contractor payments and change order claims.
Funds control/construction loan monitoring allows the lender or partner to identify problems as they occur in real time, allowing for remediation to take place as quickly as possible. Further, funds control is a government approved alternative to a payment and performance bond, and is also much less expensive than bonding.