Pub. 12 2022-2023 Issue 1

ONE LAST THING ... Did you know that you can enjoy your association news anytime, anywhere? Scan the QR code or visit: colorado-banker.thenewslinkgroup.org Check it out! The new online article build-outs allow you to: • Stay up to date with the latest association news • Share your favorite articles to social channels • Email articles to friends or colleagues There is still a flipping book for those of you who prefer swiping and a downloadable PDF. in line with the contract language? Will any potential cost increases require a loan increase? Will the borrower be required to obtain additional funding? • Project Time: Is the project tracking on the original project schedule? Are proposed time extensions warranted and in line with the contract language? Will any potential time extensions require a loan increase or extension? • Project Quality: Is the project being completed in accordance with the project documents? Will potential cost increases require scope changes or reductions to keep the project within budget? Having “boots on the ground” representing the lender’s best interest is paramount in understanding where each deal is in the process and where the measured risk lies. Moran Construction Consultants is a nationally recognized construction consulting firm with services ranging from initial due diligence assessments to construction loan monitoring to owner’s representation. With more than 250 years of combined experience, they mitigate the risk of investments for lenders, syndicators, investors, and owners while adding value to the project team. We’ll rock your socks off. capital As a top Certified Development Company and Lender Service Provider, we help our banking partners succeed at SBA 504 and 7(a) lending. bs i decap i ta l . org/co - l ender s | 303 . 657.0010 Check out our library of SBA tools and resources in our Lender Portal. “B:Side Capital allows us to assist business owners through the SBA process with great rates, lower down payments, and an expedited process.” July • August 2022 25

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