Broadlands Financial Group, offers a nationwide, proactive, lower cost, single source, all inclusive construction risk management/government-approved bond alternative program.  Especially in this tight credit climate and challenging regulatory environment, many owners & developers, lenders, and contractors utilize our services in lieu of a payment and performance bond on their hospitality construction projects, regardless if it is ground up, a renovation, or a PIP. 

In addition to performing the Initial Project Evaluation and the monthly Site Visits in conjunction with each draw, we disburse loan proceeds down to the sub-contractor and supplier level, thus ensuring that the money is going into the project, and not comingled with another project’s funds.  We collect invoice support, as well as lien releases, and track all change orders. 

We also underwrite the General Contractor.  Our web site (www.broadlandsfinancial.com) is our information (digital photos, reports, backup documentation, date tracking) delivery system, to which all participants will have access.  We have protected over 250 hospitality, resort, and multi-family projects across North America and the Caribbean.  Of course, we are involved in hundreds of other types projects (retail, office buildings, restaurants, alternative energy, etc) as well.  Best of all, our fees are usually one-half to one-third the cost of a bond.