Money goes out in stages. The control can't lag behind.
Construction and rehab lending funds in pieces — draws released against work as it’s completed. That staged funding is where a lender’s cash is most exposed and hardest to watch. The Financial Anchor brings financial visibility to your draw activity, so leadership sees funding pressure and open exceptions before they turn into a cash or control problem.
A draw is a small funding decision, repeated dozens of times across dozens of loans. When draw activity lives in emails, spreadsheets, and a servicing portal that doesn’t tie to the books, it’s easy for draws to outpace the budget, for holdbacks to erode, and for funded balances to drift from what the books show.
Draw activity is hard to monitor across the portfolio.
Funded amounts don’t clearly tie to the budget or the books.
Holdbacks and retainage aren’t tracked consistently.
Cash gets committed faster than payoffs come back.
Draw exceptions surface late — after the money’s out.
The Financial Control Points We Review
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Draw schedules and activity across the portfolio
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Funded amounts against budget — is the loan funding ahead of the work
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Holdbacks and retainage — are they being maintained
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Reserves against committed draw obligations
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Funding pressure on cash — what's committed versus what's available
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Draw-related exceptions that need leadership attention
Draw problems don't announce themselves.
A few loans funding slightly ahead of budget, a holdback that wasn’t held, reserves running a little thin — individually minor. Together, they show up as a cash crunch right when you need to fund the next deal.