What is Funds Control?
Funds control utilizes a third-party (not the lender, developer, or general contractor) to manage the payments to the builders, subcontractors and suppliers on a project. The funds control company tracks all notices, waivers and compliance items. Making sure payments are made properly and on time. Protecting lenders, banks, and developers from payment related lien issues.
Our services
Reduce Risk
Developers and lenders are no longer dependent on the General Contractor for ensuring their project is paying subcontractors and vendors on time and with the proper lien releases.
Benefits to General Contractors and Construction Managers
Funds control allows the builder to focus on the construction. No More chasing subcontractors or suppliers for waivers, W9’s, or sworn statements. No more wondering how to handle Preliminary Notices.
Streamline the Process
Funds are distributed quickly and properly. Ensuring that all payment related paperwork is completed. Developing trust and certainly on your project.
“Stewardship Funds Control helped us navigate our Lenders strict paperwork requirements. With SFC on board the Lender was satisfied, payments flowed smoothly, and the General Contractor was able to focus on advancing the project schedule. The project was a success!”
— SFC CLIENT
