NATIONAL FUND CONTROL For the Commercial Lender Professional Inspection and Disbursement Services fo - PowerPoint PPT Presentation

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NATIONAL FUND CONTROL For the Commercial Lender Professional Inspection and Disbursement Services fo

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Professional Inspection and Disbursement Services. for Construction Loans ... one of our contracted inspectors in your market to perform the required work for ... – PowerPoint PPT presentation

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Title: NATIONAL FUND CONTROL For the Commercial Lender Professional Inspection and Disbursement Services fo


1
NATIONAL FUND CONTROLFor theCommercial
LenderProfessional Inspection and Disbursement
Servicesfor Construction Loans
www.NationalFundControl.com A division of AFP
Solutions, Inc.
2
Professional Services
  • Progress Draw Inspections
  • Inspection on every draw
  • Includes on-line digital images
  • Includes on-line reports
  • Disbursement
  • Includes line item accounting and reporting
  • Includes preparing and distributing checks
  • Includes preparing, distributing and receiving
    general contractor, subcontractor and supplier
    lien waivers
  • Includes direct payments to subcontractors and
    suppliers

3
Your Benefits
  • Eliminate your 1099 reporting
  • Eliminate your Inspector coordination
  • Offers you better control of overhead costs
  • Offers you better time management with
    comprehensive real time reports
  • Offers you minimal effort to fund progress
    payments
  • Allows you to focus on other duties
  • Offers you better disbursement control on your
    projects
  • Your login portal gives you access to your
    reports, disbursement accounting and your
    projects inspection images 24/7

4
How It Works
Contact our office and we will prepare a Fund
Control service agreement for your project. This
agreement is signed by the project Owner, the
General Contractor, the Lender and National Fund
Control. The projects Owner will establish a
zero balance checking account at your bank to be
used for only the projects progress draw
deposits and disbursements. We can also
integrate our services with a title companys
escrow service and have the title company
disburse from the escrow account. We will setup
the project into our system using the cost
breakdown spreadsheet you provide or receive from
the general contractor. We will contact the
general contractor and train them on how to
submit progress draws within their unique login
portal. We will assign the project to one of our
contracted inspectors in your market to perform
the required work for a progress inspection.
5
How It Works
You are provided a unique login to a web portal
that allows you to view inspection reports and
digital images, view and print analytical reports
and edit and approve draw requests. You will
receive an updated report showing the amount to
fund the projects disbursement account. We will
prepare, distribute and receive lien waivers for
the general contractor, subcontractors and
suppliers the owners release form and the
general contractors affidavit. This is done
before checks are released. After receiving the
required documents, we prepare the checks and
send to the approved payee on behalf of the
projects Owner.
6
  • National Fund Control is ready to be your single
    source to provide professional inspections and
    disbursements nationwide.
  • Call today for a price quote.
  • 888-671-4370
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