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Hiring a fund control company is an ideal way for lenders to manage funds during a ...
May 12, 2022
QuickDraw Fund Control
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Hiring a fund control company is an ideal way for lenders to manage funds during a ...
December 9, 2016
QuickDraw Fund Control
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Hiring a fund control company is an ideal way for lenders to manage funds during a ...
January 18, 2019
QuickDraw Fund Control
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Hiring a fund control company is an ideal way for lenders to manage funds during a construction project and make certain that the general contractor, subcontractors and suppliers are paid quickly and accurately. Fund control provides a layer of protection between the lender and general contractor, ensuring that monies are spent at the right time and in accordance with the approved construction budget. A fund control company provides services like cost reviews and site inspections, which photo document progress, further safeguarding timely and accurate project due diligence and reporting.Read more
December 13, 2021
QuickDraw Fund Control
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A Guaranteed Maximum Price contract, known as a G-MAX or GMP contract, is a construction agreement that puts a maximum cap on the agreed upon project costs and scope of work, regardless of the actual costs incurred. G-MAX contracts shift a significant amount of risk to the shoulders of contractors while giving customers the peace of mind that accompanies a limit on cost. When a G-MAX contract is in place, cost overruns are covered by the contractor. If the project comes in under budget, the terms of who benefits are deal specific. In some instances, savings may be shared, or an acceleration bonus is incorporated as an incentive to complete a project early.Read more
December 2, 2021
QuickDraw Fund Control
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You know the feeling — when your heart pounds against your ribcage, the hairs stand straight up on the back of your neck and cold fingers slip down your spine.
No, we’re not talking about a ghost encounter — we’re talking about something much scarier. If you’re a construction project manager who is feeling the cost, schedule and scope of a project creeping up on you, who you gonna call? QuickDraw!
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October 29, 2021
QuickDraw Fund Control
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Greg Norris, principal and president of QuickDraw Fund Control, made news in August when he was featured as a “Private Lending Titan” in the most recent edition of Originate Report magazine. The magazine is distributed via print and digital media to more than 30,000 loan originators, lenders, investors and other professionals in the non-conventional lending industry nationally.Read more
September 22, 2021
QuickDraw Fund Control
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A surge of homebuyers fled cities during the pandemic, seeking suburban and rural communities where larger homes and sizable lots provided space for families to stretch out, work and play in a socially distanced environment. Many who could not previously afford a home in the city found they could afford to buy in outlying areas. Read more
September 21, 2021
QuickDraw Fund Control
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Ever hear of a guy named Bill McBride? He’s a retired Southern California technology executive who is famous for predicting the housing crash of 2007. His economics blog, “Calculated Risk,” has been accurately predicting economic events since the early 2000s. These days, he’s chiming in on the current absurdity we call the housing market. McBride recently told The Atlantic, “I’ve never seen anything quite like this. It’s a perfect storm.”Read more
August 13, 2021
QuickDraw Fund Control
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