Commercial Construction Lending: What Contractors Should Know About Constructio Loans

A construction loan is one of the most complicated loans that a financial institution will make. If a contractor understands these complicated lending processes, funding of the project should go more smoothly. In this informative seminar, we will discuss the lender’s requirements that ultimately affect the contractor, architect and engineer of a project. We will cover the proper handling of draw requests, change orders and cost over-runs. And, we will review all aspects of loan disbursement procedures, lien waivers and construction monitoring.

Featured Guest:
 
Elizabeth Fast, Spencer Fane Britt & Browne LLP

Elizabeth Fast is a partner with Spencer Fane Britt & Browne LLP where she specializes in real estate finance. In addition to her law degree, she has her Master of Business Administration degree and she is a Certified Public Accountant. Before joining Spencer Fane, she was the General Counsel, Senior Vice President and Corporate Secretary of a $9 billion bank with more than 130 branches. Also, she owned and operated Midwest Enterprises, Inc., a small WBE construction company. She is a member of the Missouri State Banking Board, appointed by the Governor and she is a member of the Kansas City Industrial Development Authority, appointed by the Mayor.