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lenders

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Expert Project Management Keeps a Good Loan
From Becoming a Marginal Loan

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The successful business owner is a very attractive borrower for lenders.   However, lenders know all too well how risky it is for owners to take their eye off their own business and roll the dice on managing a commercial construction project by themselves.  Even the best of us don’t have time for two jobs. 

  • Without the knowledge to plan the project,  the scope creeps.​

  • Without a detailed understanding of the project, shortcuts and oversights become the norm.   

  • Without vendor accountability measures in place, change orders burn through the contingency.

Don’t let a good loan become a marginal loan.  Consider Garrard Development a credit enhancement, giving you assurance the build is happening as intended.  Our goal is to represent your bank as a truly differentiated lending solution, and provide your clients with critical overwatch. 

 Preserve The Budget        Maintain Owner Focus         Lower Your Risk

LENDER'S VIDEOS
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Client video Testimonials

PROJECT KNOWLEDGE

Without the knowledge to plan the project, the scope creeps.

PROJECT DETAIL

Without a detailed understanding of the project, shortcuts and oversights become the norm.

PROJECT ACCOUNTABILITY

Without vendor accountability measures in place, change orders burn through the continency.

-5%

CHANGE ORDERS

Change orders can represent an enormous layer of unexpected cost overruns. At just 1.85%, Garrard Development consistently beats the industry average of 7.38%.

-6%

COMPETITION MANAGEMENT

Garrard infuses competitive forces at every phase of the process to achieve the best value. Hard costs  have shown to be 6% less than owner or architect-led projects.

-3%

CONTRACTUAL ACCOUNTABILITY

Successful construction is all about the details. Garrard's oversight ensures you get what you pay for and critical timelines are achieved. We hold all parties accountable to their commitments and prevent their failures from becoming your expenses. 

-3%

RISK  MITIGATION

Risk to an Owner is inherent in all construction projects. Garrard's expertise in the details of contract terms, clauses, insurance requirements, lien waivers, and draw distributions significantly reduces the Owner's risk and maintains their leverage.

20+

HOURS PER WEEK SAVED

Our leadership throughout the project reduces the Owner's required time involvement at least 20-25 hours per week and allows them to stay focused on their core business. 

Client value metrics

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Frequently Asked Questions (FAQs)

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