Construction Loan Monitoring
BCQS offers construction loan monitoring services for financial institutions and real estate investors across Latin America and the Caribbean. In instances where a Financial Institution has provided development financing for a project, BCQS will vet quality and the construction programme as well as audit the monthly drawdowns being made to the Developer on the Lender's behalf. Through loan monitoring, BCQS will verify the correct payments are being made, not over paid, and will value the cost to complete the project. This means the Bank knows that there are sufficient loan funds to complete the project. BCQS will also advise the Bank on the status and value of any variations or changes that are taking place on site.