Construction disbursement oversight built for clarity and control.
Services can be tailored to the lender’s documentation, reporting, inspection, and funding requirements.
From draw submission through lender recommendation.
SME Development provides an organized administrative framework for construction loan draws.
Draw Request Administration
Receive, organize, and review construction draw requests, invoices, budget activity, and supporting documentation.
Budget & Progress Review
Track approved budget, prior funded amounts, current requests, verified work, recommended funding, and remaining balances.
Progress Verification
Review visible construction progress and documented stored materials for construction fund-control purposes.
Change Order Tracking
Maintain organized records of approved and pending change orders and their budget or schedule impact.
Lien Documentation Review
Administrative review of lien releases, preliminary notices, and lender-required payment documentation.
Funding Recommendations
Prepare lender-facing recommendations identifying supported amounts, holds, conditions, and exceptions.
Payee & Disbursement Schedules
Organize recommended payments by payee, invoice, and budget category.
Project Reporting
Provide consistent reporting designed to give lenders a clear picture of budget status and construction progress.