Independent Financial Oversight for Construction Projects
We hold funds, verify costs, and pay contractors—so projects finish on time, on budget, and dispute-free.
Your Inspector Says 80% Complete. But What About the Cash Flow?
Your inspector says framing is 80% complete, so you release 80% of the framing budget. But what if the contractor only paid for 60% of the materials and pocketed the difference? What if the framer hasn't been paid and is about to file a lien? What if the contractor is using your draw to fund a different project?
By the time you discover the problem, your borrower is underwater, your collateral has liens, and you're facing a costly default.
You're exposed to financial risks your inspections can't see.
Contractor bills for work at inflated rates or charges for materials not yet delivered
Draw funds get used on the contractor's other projects instead of yours
Unpaid subs file liens against the property, threatening your collateral position
Projects quietly go over budget with no independent verification until it's too late
Upside was brought in on a restaurant franchise build-out. The borrower — a developer — had hired a new GC to complete the work. The GC took monthly payments and didn't pay the subs and suppliers for four months. By the time the developer and lender discovered the situation, over $400K in project funds had disappeared.
Upside came in to manage the rest of the project, ensuring subs and suppliers were paid and the project resumed — but at a significant loss that could have been prevented entirely with funds administration from day one.
The Financial Verification Layer Your Loans Need
We verify the finances your inspector can't see — catching problems before they threaten your collateral:
Cost Verification
We review every invoice against actual work completed. Overbilling gets caught before funds are released.
Payment Verification
We pay all parties directly and obtain lien waivers. Your collateral stays protected because liens don't happen.
On-site Inspections
Upside will perform these if the lender isn’t already getting them done.
Budget Tracking
We track costs against approved budgets in real-time. You know immediately if a project is trending over budget.
Early Warning
Consistent oversight catches problems when they're small. You get visibility before issues become defaults.
Strengthen your construction lending with complete financial oversight.
Add the financial verification layer your inspections don't provide. Partner with Upside Guaranty to protect your collateral, reduce defaults, and differentiate your construction lending products.