Let's Get Surety #153 Construction Risk Mitigation: Explore Modern Funds Control
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Feb 10, 2026 Marcus Carter, president of La Mesa Fund Control & Escrow with 18+ years in construction fund control and lending. He explains how funds control verifies work before payment, speeds disbursements with inspections, and changes pricing to add value. Marcus also discusses using funds control to boost bonding capacity and monitor subs to catch risks early.
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Founding La Mesa From A Local Closure
- Marcus started La Mesa after a local fund control provider shut down and he realized the service was essential to construction lending.
- He partnered with the former manager and built a national fund control and escrow company over 17–18 years.
Money Must Match Work On Site
- Fund control ensures money for a construction project goes to the right parties and aligns with completed work.
- It prevents over-dispersal by matching disbursements to on-site performance.
Pay Fast To Keep Projects Moving
- Prioritize fast, predictable payments to keep subcontractors and suppliers working and engaged.
- Use ACH, wires, and checks with ACH as the preferred method to speed disbursements.