Broadlands Financial Group

Broadlands provides critical business managament solutions that allow bankds and commercial lenders to mitigate risk associated with commercial loan portfolios. Broadlands’ is the premier provider of proactive construction risk management solutions designed to improve the profitability of construction loan portfolios. Broadlands combines detailed project cost analysis, contractor capability and financial review, contractor mentorship, task monitoring, project funds control, disbursement controls and lien waiver monitoring to create the most comprehensive project risk management service for banks and lenders.

Broadlands controls the risks that ordinarily impede project completion. All services can be specifically tailored to meet the needs of our clients and the specific risk associated with a particular construction project.

 A World Leader in Lender Loan Disbursements!

The improper control of loan funds is a major risk to any loan portfolio, especially with respect to working capital and construction loans.  Improper control of loan funds is a direct cause of lien filings, unpaid project creditors and project cost overruns. The proper flow of project loan funds drives projects to successful completion and minimizes the likelihood of loan default. When funds are misdirected, the contractor goes into default, liens are filed, subcontractors cease work, suppliers terminate accounts, and lenders are left battling over the additional cost and responsibility of completing the project.

Broadlands provides critical loan disbursement services to banks and commercial lenders throughout the world. Broadlands has properly audited actual project costs, disbursed projects funds directly to project creditors and ensured the lien free completion of approximately $7 billion of construction on behalf of banks and lenders over the past four years. From a platform of proven integrity and transparency, Broadlands tracks and controls project loan funds and can even deliver funds directly to subcontractors and suppliers on construction projects. 

Broadlands is contracted by hundreds of banks, financial institutions and project owners to audit payment requisitions and control project funds on projects throughout the world. This process has additional benefits on renewable energy projects that may require advanced cost tracking to fulfill grant, financing, loan guarantee and other third party mandates or regulations.

Broadlands uses proprietary, sophisticated cost tracking systems that provide accurate trend and variance monitoring as well as forecasted cost events and projected final costs. BrightSource will further have full, real-time access to project accounting information via BroadlandsOnline.

Critical Lender Training Programs That Meet the Need

Broadlands further provides critical commercial construction loan training programs that improve the ability of banks and lenders to improve underwriting efficiency, pinpoint critical risk factors, decrease potential loss during loan disbursement and turnaround problem loans. Broadlands will design business training solutions specific to your institutional needs.