Cathy Mitchell, Author at

All posts by: Cathy Mitchell

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7 Critical Reasons Surety Bonds Fail (And How to Protect Your Construction Project)

In the high-stakes world of construction, surety bonds represent more than just paperwork—they’re the financial safety net protecting everyone involved when projects go sideways. Yet despite their critical importance, surety bonds fail with alarming frequency, leaving contractors, project owners, and investors exposed to devastating financial losses. At La Mesa Fund Control and Escrow, we’ve seen […]

by in Construction Risk Mitigation, Fund Control, PCR, Pre Construction Review, Uncategorized

The Importance of Pre-Construction Review in Fund Control & Escrow

Why Pre-Construction Review Is Your First Line of Defense Against Project Failure In the high-stakes world of construction financing, overlooking critical details during the planning phase can trigger a devastating chain reaction of cost overruns, delays, and legal disputes. For stakeholders in surety bonding projects, the pre-construction review process isn’t just another administrative hurdle—it’s your […]

by in Fund Control, Surety Bonding, Uncategorized

Why Lenders Are Increasing Contingencies in 2025: Insights from La Mesa Fund Control & Escrow

The Shifting Landscape of Construction Lending In the ever-evolving world of construction finance, 2025 has brought significant changes to how lenders approach risk mitigation in surety bonded construction projects. At La Mesa Fund Control & Escrow, we’re seeing a definitive trend among lenders: the substantial increase in contingency requirements for construction loans. This shift isn’t […]