Construction Finance is More Than Rates and Fees
Date: Wed, March 9, 2022.
Time: 2:00 PM – 3:00 PM CST
Click here to register for the event.
For most builders, relationships with lenders is all about rates and fees. In reality, there is a lot more to consider. According to PwC, the most common reason for failure in construction is due to slow payments; therefore, builders should look beyond the rates and dive into the services, speed of delivery and the technology that is used by your lender. Join us as we take a look at the deeper side of lending and get into the operations of the draw, the math behind rates and fees, and equip you with questions to ask that will help guide you as you build lender relationships.
- Understand how build time can impact rates and fees.
- Predict the effect that the draw process (speed of payments) can have on project timelines.
- Discover how leveraging technology can facilitate operational efficiencies.