For Lenders
Independent construction draw oversight for informed funding decisions.
SME Development serves as a third-party fund-control administrator between the lender, borrower, contractor, and project documentation.
Lender-Focused Oversight
Consistent reporting from one draw to the next.
Our process is designed to help lenders understand what was requested, what documentation supports it, what progress is visible, and what amount is recommended for funding.
Budget-to-date tracking
Current draw review
Visible progress review
Lien documentation
Change-order tracking
Exception reporting
Funding recommendation
Remaining budget analysis
Typical Report Outputs
Clear information for the credit file.
• Project and draw information
• Executive funding recommendation
• Budget and progress review
• Change orders and contingency
• Lien documentation
• Inspection observations
• Open conditions and exceptions
Looking for a fund-control partner?
Send us your project and draw requirements and we’ll discuss a workflow that fits your lending process.