Banks / Lenders

Now that the Banking Industry is rebounding from the economic crisis, one of the major issues facing Banks/Lenders is how to reduce the Risk involved with Construction Loans. Prairie States Inc helps Lenders minimize the Risk of construction loans by helping them understand the scope of the project and the information provided by the design professionals and contractors. Prairie States Inc provides  Fractional Services or Total Services to Lender for reviewing and monitoring their projects. The following is a list of some of the Professional Services offered:

1) Scope of Work

2) Contractor Qualification

3) Certificates of Insurance

4) Estimate Verification

5) Schedule Verification (CPM)

6) Professional Contracts

7) Job Site Inspections

8)  Pay Request Verification

9) Change Management

10) Close Out

Please Contact Us to discuss what Prairie States Inc can do to help reduce the Risk of construction lending.

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