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disbursement methods
Voucher Process
This disbursing process utilizes a "Payment Voucher". This voucher is given to subcontractors and suppliers by the general contractor as a means of payment. The payee follows the instruction on the voucher and forwards the voucher and backup documentation to us. We write and mail the check directly to the payee.

Draw requests are submitted to us by the general contractor and owner. The request is reviewed, entered into the system and forwarded to the lender for funding. Checks are issued to payees presenting vouchers once funds have been received. The spreadsheets are updated and circulated to the lender, owner and general contractor. At the end of the year, we issue 1099-MISC documents as required by the IRS.
  Download Sample Voucher Form Voucher Presentation
Zero Balance Account (ZBA)
The ZBA disbursement method utilizes a dedicated checking account. The account is opened by the borrower at the construction lender's bank. This checking account is used to make the payments to the general contractor, subcontractors, suppliers and vendors.

The process begins with the general contractor submitting a draw request to the borrower. The draw request consists of a series of invoices and conditional releases from the general contractor's subcontractors and suppliers for the current billing period. The borrower reviews the draw request and writes checks from the dedicated checking account for each payee. In some cases, the general contractor is the custodian of the checkbook and processes the checks for the borrower. Only the borrower can sign the checks. Once the borrower has approved the draw, the entire package is forwarded to our office. We review all the documents, compare the request with the most current inspection, update the disbursement spreadsheet and send the approved draw to the lender in the overnight mail. The lender funds the draw and mails the checks directly to the payees.
  Download Sample ZBA Form ZBA Presentation
Class "A"
The Class "A" method of disbursing is patterned after the A.I.A. G-702, Application and Certificate for Payment. The general contractor completes the G-702 and G-703 forms. He then forwards the forms to the owner with invoices and conditional releases from the general contractor's subcontractors for the current billing period. The owner reviews the request, approves it, and forwards it to our office. We review the documentation, update the disbursement spreadsheet and forward the approved draw to the construction lender.

Ordinarily, one check for the general contractor is included with the draw package for the net amount of the draw. The general contractor uses these funds to pay the various subcontractors and suppliers that were included in the request. Successive draw requests require unconditional releases from those subcontractors and suppliers verifying proof of payment.
  Download Sample Class "A" Form Class "A" Presentation
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HASZ HOME INSPECTION SERVICE!
Hasz Home Inspection provides you a peace of mind. A Hasz Home Inspection includes a visual and operational examination of more then 400 items both inside and outside the home - everything from the foundation to the roof. Our Quality inspectors are trained to meet and exceed the highest standards in the home inspection industry. Hasz professionals are trained to inspect a variety of small to medium sized residential, condominium and commercial property.
Updated March 29, 2017


HASZ HOME INSPECTIONS
A professional home inspection gives buyers valuable information about a prospective purchase and helps provide peace of mind. A Chuck Hasz Home inspection includes a visual and operational examination of more than 400 items both in and outside the home -- everything from the foundation to the roof. Our quality inspectors are trained to meet and exceed the highest standards in the home inspection industry. Hasz professionals are trained to inspect a variety of small to medium size residential and commercial properties. For an inspection on your home or commercial property: Call 818-999-0906 Hasz Home Inspections Mark Emmons President Senior Inspector
Updated March 27, 2017


SBA ANNOUNCEMENT-FUND CONTROL ALTERNATIVE APPROVED
The Small Business Administration released the long-awaited revisions to SOP 50-10. The latest version (version 5) became effective August 1, 2008. The new SOP was reduced in size from over 1,000 pages to 400 pages. SBA lenders from 8 different locations around the country helped write the modifications with the SBA’s assistance. This version should help streamline the loan application process. One of the major modifications relates to fund control. Chapter 5 section 6 on page 198 states: “SBA has granted a blanket waiver on the requirement of a performance bond when a third party in the business of providing management services controls the disbursement of the proceeds” The process and procedure utilized by Hasz Fund Control clearly conforms to the new version of the SOP. SBA managers and administrative specialists are urged to contact us at 818.999.0906 ext 104 so that we may further expand on how we may help you.
Updated August 12, 2008