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Key SBA Construction Lending Changes in SOP 50 10 8

How SOP 50 10 8 Affects Your Construction Lending Strategy The SBA’s updated SOP 50 10 8, effective June 1, 2025, introduces several key changes to the construction loan provisions […]

Does Modular Construction Really Save Time and Money?

Risk Management for Modular Construction When you think of traditional modular construction, most people imagine cheap, single- or two-story buildings sat in the playground at school, a post-war prefab, or […]

With Construction, the Devil’s in the Details… and the Paperwork

MOST OF THE RISK DURING CONSTRUCTION PROJECTS COMES NOT FROM PERFORMANCE ISSUES, BUT FROM PAYMENT ISSUES. Most of the risk during construction projects comes not from performance issues, but instead […]

As Construction Returns in Earnest, Construction Risk Management is Critical

With Construction Picking Up More Rapidly in Recent Months… …an understanding of Construction Risk Management tools is critical. Construction has started picking up more rapidly in recent months. According to […]

Stay in the Loop With Construction Progress Monitoring

Construction Progress Monitoring Is Crucial for Lenders and Borrowers …to keep track of the project, save money, and avoid mistakes. When a lender agrees to loan funds for a construction […]

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