Mitigating financial risk by enforcing financial discipline, industry-leading analysis, and secure disbursement to project creditors and principals.
Designed by Risk Management Experts
Objective Handling, External Reconciliation, Secure Payments
Transparent Real-Time Reporting
Conferring with the client on the project billing process, cost scheduling, prioritization of vendor payments and proper rationing of funding.
Review, verify, and analyze vendor payment requests for relevance and accuracy, based on complete and correct backup support
Secure and quick payment to project creditors, reimbursement of direct project costs, and disbursement of earned profit and overhead.
Helping sureties, owner, and general contractors mitigate project risk and make educated ongoing decisions in risk management.
Great Horn Financial delivers independent funds administration and secure cash disbursement services that help sureties, contractors, owners, and project stakeholders to mitigate project financial risk by enforcing proper prioritization, secure payment, and proper planning for long-term project health.Â
Maintain complete oversight of construction loan proceeds with independent fund administration, transparent reporting, and secure payment management throughout every project.
Review and verify construction draw requests to ensure payments accurately reflect completed work before funds are released to contractors.
Protect project funds through dedicated escrow accounts, governed cash disbursements, and financial oversight that minimizes risk for every stakeholder.
Support commercial construction projects with secure funds control, transparent draw administration, and reliable payment oversight from groundbreaking to completion.
Ensure accurate fund disbursements and financial accountability for complex industrial and infrastructure projects with independent administration.
Protect residential construction investments through governed cash disbursements, verified draw requests, and dedicated escrow administration services.
All parties agree to a standard contract outlining industry-leading best practices for proper project forecasting and the handling of project proceeds.
All parties agree that project payments are deposited into a jointly controlled account that gives Great Horn authority to approve or decline disbursement requests.
Great Horn administers an institutional escrow account at a licensed and federally insured bank with the latest in secure disbursement protocol.
Secure and accurate payments are issued to project creditors and reimbursement to the Principal conditioned on complete and correct supporting information and healthy long-term budgeting.
Transactions and budgets are reported live in real-time, and provide instant visibilty to all parties with the ability to monitor short-term trends as well as overall project health.
Objective and instant oversight as well as live forecasting provide credible data and enable educated ongoing decisions.
Explore how properly managed escrow and funds control can improve transparency, mitigate payment risk, strengthen surety relationships, and support more disciplined financial management throughout construction projects.