Blog

Before you can issue a construction loan, you must do your due diligence in reviewing every aspect of the project, the borrower’s portfolio and the proposed budget. Without detailed and complete due diligence, it increases your risks and leaves uncertainty on the table.Read more

Oftentimes when banks loan money to consumers, they have no idea what type of customer they are getting. Will they make payments on time? Keep the job on schedule? Are they honest and trustworthy? This is where QuickDraw Fund Control can offer assistance. Read more

As the economy continues to rebound, the construction market is progressively getting busier. Although this is exciting news, there are some downsides to it. Due to the overwhelming amount of permit and building requests, cities are backlogged in their approval process, which slows things down quite a bit. Read more

In recent years, QuickDraw Fund Control has expanded from one market into five. We have seen 500% growth from our earliest days of operation and continue to experience double-digit growth year over year. So how did we do it? Much of this growth is contributed to a service-oriented approach to borrowers.Read more

When lenders issue a Construction Loan, how do they know that their money is being used for its intended purpose? Though it happens infrequently, and it is illegal, proceeds can be used for other purposes. This is where working with a fund control company is beneficial. Read more

When the Great Recession hit in 2009, the construction industry took a huge blow. With homes foreclosing and major companies filing bankruptcy left and right, there was no demand for new construction projects or remodels. However, as the economy rebounds, the industry continues to gain strength. Read more