Completion Assistance

The purpose of the Completion Assistance is to assist the Lender in completion of the construction project in the event of a Contractor default. It historically has been tied to the SBA market but has also been used for standard loans. In the event of a default, Bold Control will utilize its expertise to help the Construction Lender complete the project. Completion Assistance requires Bold Control to complete all of the following services: 

  • Complete an Initial Project Review/Plan and Cost Review

  • Conduct the Pre-Construction Meeting

  • Conduct the Site Inspections

  • Implement the Construction Disbursement Procedures