Construction Fund Control • California(818) 431-0104 fund@smedevelopment.com
Independent Construction Fund Control

Construction Fund Control You Can Rely On.

SME Development, Inc. provides independent fund control, construction draw administration, and disbursement oversight for residential and commercial construction projects throughout California.

Independent OversightStructured third-party review
Lender-FocusedClear funding recommendations
CaliforniaResidential & commercial projects
Field-Verified DrawsProgress review for fund-control purposes
Budget ControlDraw-to-date financial visibility
Lien Risk ManagementOrganized documentation review
Clean ReportingLender-ready project reporting
What We Do

Controlled disbursements. Clear documentation. Better visibility.

Our process helps lenders and project stakeholders maintain financial control from initial project setup through completion.

01

Draw Request Review

Review draw requests, invoices, budget activity, and supporting documentation prior to funding.

02

Progress Verification

Review visible construction progress to support alignment between requested funds and project completion.

03

Budget Monitoring

Track approved budgets, prior disbursements, current requests, remaining balances, and change orders.

04

Lien Documentation

Organize administrative review of lien releases, preliminary notices, and lender-required payment documents.

The Draw Process

A disciplined workflow built around lender visibility.

Each step creates a documented path from draw submission to funding recommendation.

STEP 01

Project Setup

Establish budget, parties, and lender requirements.

STEP 02

Draw Submitted

Receive draw package and supporting documentation.

STEP 03

Document Review

Review invoices, budget activity, lien documents, and exceptions.

STEP 04

Site Verification

Review visible work and project progress.

STEP 05

Recommendation

Prepare the lender-facing funding recommendation.

STEP 06

Disbursement

Funding proceeds with lender authorization.

For Construction Lenders

An independent layer of oversight between loan proceeds and construction activity.

SME Development provides organized reporting, budget tracking, draw administration, and project documentation designed to support informed funding decisions.

Structured draw administration
Budget tracking
Change-order monitoring
Lien-document review
Progress verification
Exception reporting
Funding recommendations
Responsive communication
Projects We Serve

Residential & Commercial Construction

Flexible fund-control support for projects of varying size and complexity throughout California.

Single-FamilyMultifamilyCommercialGround-Up DevelopmentRenovations & RemodelsTenant Improvements
“Every draw should tell the same clear story: what was budgeted, what was completed, what has been funded, and what is being recommended now.”
SME DEVELOPMENT • FUND CONTROL APPROACH

Need fund control for a construction loan?

Tell us about the project and lender requirements. SME Development can help establish a clear draw and disbursement process.

Request Fund Control