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Category: Construction Finance Management

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Preventing Construction Loan Fraud

Fraud is a concern in almost any industry, but the area of construction seems to be particularly susceptible to this malady. As a fairly recent study has shown, the amount... Read More

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The Basics of Walking with the Bank Inspector

Every loan-funded construction project will require a number of periodic onsite inspections. As the lending institution provides the funds for the construction project, it is in its utmost interest to... Read More

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The Basics of Lien Waivers

Complicated and multi-faceted endeavors with a large number of involved parties, construction projects encompass a broad range of potentially risky points that can result in grave financial consequences if the... Read More

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The Basics of Reallocations and Change Orders

Construction projects are complicated endeavors with numerous participants and processes. This is why it is nearly impossible to predict the exact amount of costs involved. Regardless of the amount of time... Read More

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The Basics of Stored Materials in Construction

Construction projects and loans obtained to finance them contain a number of articles that may seem trivial at first but can lead to serious complications and problems if not given... Read More