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4 Common Construction Loan Monitoring Questions

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Avoiding delays in construction, especially those triggered by financing difficulties, is paramount for timely completion of steps vital to a project. Construction consultants who apply a methodical, tested approach to construction loan monitoring can remove obstacles to prevent late deliveries. These are four common questions people have about CLM, according to EBI Consulting national program director Frank Cook.

1. What is it?

A construction document review should be thorough and comprehensive. EBI’s team evaluates all contracts, plans and budgets. It then provides clients with the detailed information critical to making informed decisions on project commitments.

2. What problems does it solve?

3. Is it too late to engage a CLM team?

4. Who should I choose?

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