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What is funds administration?

Why should a contractor
use funds administration?

How does the
process work?

What are the benefits
of using CBR?

Who else can benefit
from this service?

How does a contractor
get started?

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Why should a contractor or borrower use funds administration?

There are a number of important reasons why a contractor or borrower would want to use funds administration. These include . . .

  • To help qualify for surety credit or a construction loan or increase their existing credit line

  • To reduce or eliminate collateral requirements

  • To help negotiate better credit terms with suppliers and subcontractors

  • To assist in cash flow management

  • To help establish a job-specific bank credit line

 

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