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Contact Us for
more information on our products and services.
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For public works contractors,
competitive market conditions make it crucial to control
costs. With our contractor retention escrow services,
you can cut costs, increase your profits, and focus your
attention on winning new contracts.
In California (and a number of
other states), you can now use interest-earning alternatives
to traditional performance guarantees. That means you
increase your profitability as well as your cash flow.
We keep you retention funds
working from the beginning of the contract. You can
depend on our specialists to handle all the details and help
you select the most cost-effective retention options for
your contracts.
Our interest-bearing
escrow account go to work for you
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Interest is
available as soon as it is earned, if specified
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No need to wait
until completion of contract to benefit
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Immediate increase
in cash flow
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Earning can be used
for improving your financial position, including
paying down outstanding loans, reducing your
need for credit, etc.
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Lower retention
costs allow you to use extra cash to lower your
bid amounts and thus win more bids
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Convenient deposit
of progress payments made directly into an
escrow account
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Contractor retention
escrow services
Prompt and efficient
services include:
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Same-day return of
new escrow documents
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Same-day
notification of retention funds received via
wire or check
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Same-day
notification of escrow balances
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Same-day fax
verification of performance guarantee releases
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Your choice of
disbursement methods, including electronic
transfer
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Timely and complete
accounting of funds deposited each month
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