OUT SOURCING CONSTRUCTION DISBURSEMENTS AND FUND CONTROL
In these economic times, it is vitally important for Lending Institutions, Private Lenders, Realtors, Consumers, Contractors, Sureties, and Municipalities to implement efficiencies and cost saving measures. Partnering with La Mesa Fund Control & Escrow, Inc. can reduce your staffing needs, improve efficiencies, reduce overhead and thus streamline the flow of business while increasing profitability. In addition to the cost savings, the shift in responsibility will lead to greater productivity within your organization and give you an edge over the competition.
As a Department of Business Oversight Licensed Escrow Company, your funds are safe and secure. La Mesa Fund Control & Escrow, Inc. is governed by a strict set of trust accounting rules set by the state. We are subject to random audits, and required to have independent audited financials completed each year.
Accounting: Our services include complete Trust Fund Accounting for all the construction funds. Additionally we provide year end 1099 IRS reporting for all contractors and sub-contractors.
Cost Analysis: La Mesa Fund Control & Escrow, Inc. can provide you with a comprehensive Cost Analysis Report. This report provides a second set of eyes on your project and helps in determining if the budget is accurate and consistent with the scope of work.
Budget Over Runs: Each construction project is controlled by a budget and cost breakdown that pertains to each line item in the budget. The contractor will never be paid for work that has not been performed, thus minimizing the risk of a project not making it to the finish line.
Tracking: Our technology provides 100% transparency to all parties and allows you to be in control of who gets paid and when.
Reporting: 24 hour customized reporting and itemization of all funds and inspections.
Communication: Our software allows for improved information flow, and helps to keep everyone informed and up to date.