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#122:  Construction Loan Disbursement Pitfalls

NH Construction Law

A common feature of residential construction loans is the requirement for periodic inspections of the progress of work, usually by an independent inspection company hired by the bank, before disbursements are made. New Hampshire Savings Bank , 131 N.H. ” And such a voluntary undertaking is exceedingly rare.

Banking 40
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Construction Business Owner Blogs

Construction Business Owner

Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Building your case beforehand can certainly help and makes you look better in the eyes of the bank. Crunch the numbers – Banks like proactive business owners. Projected future earnings.

Banking 120
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Turbocharging Motown’s Recovery

Buisness Facilities Contributed Content

According to reports, JPMorgan Chase, the nation’s largest bank, will provide $100 million to help Detroit with housing repairs, blight removal, job training and economic development projects over the next five years. The bank will direct half of the $100 million in loans and grants to community projects. Great Lakes'

Detroit 49
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4 tips to optimize hotel construction costs

The Korte Company

We’ll also help you navigate potential negotiations with local officials if costs can be saved through the creation of other tax incentives or local business districts. Normal operating costs don’t kick in until after we leave a site. At The Korte Company, it’s our job to know whether this is on the table for your project.

Finance 68
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Why You Should Understand DBE Laws and Regulations

Best Practices Construction Law

The DBE must carry out its contract responsibilities by actually performing, managing and supervising the work involved, and for negotiating, determining quality and quantity, ordering, installing and payment for material. DBE owner never present at job site. Joint bank accounts with prime and DBE contractor. DBE Management.

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Building smarter healthcare through better healthcare interior design

The Korte Company

For healthcare facilities , code compliance is not negotiable. The clinic sits near the banks of the San Juan River in the rugged Southwestern Utah desert. Want to talk about an interior design challenge at your site? The unique factors design teams must consider for these projects are highlighted below. Code compliance.

Design 75
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Feature Story: Shovel-Ready Sites – Fired Up, Ready To Go

Buisness Facilities Contributed Content

One of the fastest growing trends in the site selection business is the demand for certified industrial sites. Companies looking to build new facilities want sites that are ready to go and relatively risk free. ALABAMA SITES ARE READY FOR JOB-CREATING GROWTH. Across the U.S., million in capital investments.

Site 66