FK Construction Funding is a cash management and funds control company that provides monitoring, compliance and risk mitigation services for owners, general contractors and qualifying sub contractors. We founded the program on the idea that liability on construction projects is greatly diminished when there is transparency and collaboration among all participants, including owners, general contractors, subcontractors, sub-subcontractors, suppliers and vendors.
This philosophy has been the guiding force in designing effective solutions that involve monitoring all aspects of the project’s finances and mitigating the related risk by identifying project related liabilities through our proprietary Payment Assurance Program. The program enables the general contractor’s subcontractors to increase efficiency, alleviate back office demands and control costs by closely monitoring the projects balance sheet. The result is a seamless and automated process that mitigates risk, reduces cost, and improves cash flow.
Our Partners
We provide cash management, funds control and risk mitigation solutions for the commercial construction industry. In addition to our cash management services of advancing funds, we;
Monitor subcontractors for liens, judgements, bankruptcies and corporate status
Also monitor UCC filings, credit defaults, IRS 940/941’s, license & insurance expirations
Provide credit reference letters to help facilitate our client’s growth
Collect all required documents to limit the risk of unnecessary delays
Pay subs, suppliers, vendors, payroll, union dues and insurance/bond premiums
Arrange for supplier and vendor credit lines to ensure the project stays on schedule
“When suppliers and vendors are not paid the result is job stoppages and delays. Our program was designed to help mitigate the risk of delays, stoppages, lawsuits and mechanics liens. THE MOST COMMON PROBLEM PLAGUING CONSTRUCTION PROJECTS IS PEOPLE NOT BEING PAID ON TIME.”
– Frank Skelly, President FK Construction Funding
We protect our clients
No More Delays • Job Stoppages • Lawsuits • Mechanics Liens
Service Providers
