1. Stop the Risk at the Start: Contractor Underwriting

    One major risk mitigation strategy that should always be considered for construction projects happens near the very beginning of any project. Making sure you choose the right and most appropriate contractors is key to making sure any project reaches completion. Working with Granite Companies through the substantial contractor underwriting process can help get a project off to the right start and s…Read More

  2. 2 Reasons Excellent Reporting is the Key

    When you plan a construction project, you lay out all the different variables and timelines before the project begins. You then proceed to procure the money in order to implement the project. After construction has begun, vendors must be paid and deadlines met. When the project finally reaches completion, it’s important and often necessary to look back and make sure that every penny is accounted…Read More

  3. The One Thing You Need In Loan Management: Transparency

    Working in the construction lending business, we know how important your project is to you and how important it is that your project succeeds. Finding a construction loan management firm that can work with you effectively from the start of your project, all the way to the end can be tough. When choosing a company for your construction lending management needs and risk mitigation, there is one thin…Read More

  4. 5 Risks During Construction Projects and How to Mitigate Them

    We all know how much risk comes with working on a large construction process. Every step of the way, something could go wrong causing the whole project to fail. Part of working on large construction projects, like warehouses, residential housing developments, and office buildings, means understanding how to plan and fund a project while mitigating risk. Chose Granite Companies to help you every st…Read More

  5. 4 Ways To Improve Your Small Business

    At Granite Companies, one of the fundamental aspects of our company is partnering with other businesses, both large and small. We know that, in many ways, small businesses are the backbone of the American economy. They embody what we value, qualities like perseverance, entrepreneurship, risk-taking, and plain old hard work. A lot of the success gained by a small business is due to its internal wor…Read More

  6. What Is Warehouse Mortgage Lending?

    We know that sometimes business and financial terminology can be needlessly complicated. For example, when most people hear the phrase “warehouse mortgage lending,” they’ll reasonably think it’s a loan to buy a big building that you store stuff in. Today, we’re going to explain what this term means and why it’s relevant. Warehouse mortgage lending actually refers to a specialized line …Read More

  7. 5 Ways To Boost Your Business

    One of the aspects that we love about capitalism is that it’s all about competition. You have a company, and your end game is to attract customers, make a profit, and grow steadily. But ultimately, winning isn’t about beating someone else, it’s about meeting and exceeding your professional goals. At Granite Companies, we’ve been in the funds control game for a long time. We’ve partnered …Read More

  8. Explaining Fund Control And Surety Bonds

    Just imagine this situation. Let’s say you’re an up-and-coming contractor. You’ve either just opened up, or your business is growing. You’ve got great character and rock-solid technical abilities. Here’s the problem. You can’t get approved for a performance and payment bond because of either the bond size, your current financial situation, or both. It’s the old story, where you can…Read More

  9. 5 Tips For Effective Pump Troubleshooting

    In the world of construction inspection, things will sometimes go wrong, that’s the nature of the beast. If the pumps in your facility go down, figuring out the problem and getting back online can cost you valuable time. We provide construction inspections and, over time, we’ve learned a couple of useful tricks. Keep reading for 5 things to keep in mind when the pump starts causing problems. T…Read More

  10. Finding And Securing A Construction Loan-Part 3

    Welcome back! Over the last few days, we’ve been going over how construction loans work, and  how to qualify for one. We went over how to apply and what to bring with you, but now let’s talk about the right lender for you. Like any other kind of business, banks do specialize. In your case, you’ll want to work with a lender that has experience in the construction industry. They’ll be the o…Read More