Full-Time

Construction Disbursement Coordinator

Confirmed live in the last 24 hours

EquipmentShare

EquipmentShare

1,001-5,000 employees

Construction equipment rental and sales services

No salary listed

Mid

Columbia, MO, USA

This position is based in the corporate office in Columbia, MO.

Category
Real Estate
Real Estate Finance
Required Skills
Excel/Numbers/Sheets
Requirements
  • 3+ years of commercial construction management, loan underwriting, funding, and disbursement experience.
  • Familiarity with construction lending, administration, processes, systems, and documentation required, including AIA forms.
  • Highly proficient with MS Excel/ Good Suite
  • Understanding of basic construction processes and risks.
  • Project management and organization.
  • Highly proficient with project management systems.
  • Ability to communicate and collaborate with several different stakeholders, including landlords, contractors, inspectors, title companies, internal and external legal counsel, etc.
  • Attention to detail.
  • Self-motivated to meet deadlines.
Responsibilities
  • Review disbursement requests for accuracy and completion including by not limited to invoices, lien releases and waivers, proof of payment, purchase orders, inspections, transfers, retention balances, and borrower approvals.
  • Oversee validation of construction draw documentation and compliance with construction budgets and process the corresponding request.
  • Track and provide reporting on project budgets and the availability of funds during construction as it relates to the construction timeline and anticipated construction draws, ensuring that projects remain in balance.
  • Communicate with construction project managers, lenders, and landlords regarding disbursement submissions and status updates.
  • Prepare all funding forms and pertinent searches prior to draw approvals.
  • Review construction contracts, budgets and other bids as needed.
  • Track and coordinate updates of tenant improvements, including construction project status, to lenders and landlords.
  • Order construction site inspections and title endorsements.
  • Compile data and draft documents or reports as requested or necessary.
  • Assist with special projects and other duties as assigned.
  • Collect and review final recordings and documentation such as Certificate of Occupancy (COO), Notice of Completion (NOC) and final lien waivers.
Desired Qualifications
  • Previous experience with construction disbursements preferred but not required.

EquipmentShare provides construction solutions by renting and selling a variety of tools and machinery to the construction industry. Their services go beyond simple rentals, as they also offer the latest equipment and parts for those who prefer ownership. The company focuses on enhancing productivity in construction by integrating smart technology into their operations. This technology helps streamline processes such as people management, team productivity, and safety, while also reducing administrative tasks. EquipmentShare uses data science to predict equipment breakdowns, send service alerts, and track machines with GPS, which helps keep projects on schedule and minimizes downtime. Their revenue comes from equipment rentals, sales, and technology services that assist construction companies in optimizing their operations.

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$3.2B

Headquarters

Columbia, Missouri

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Rising demand for rental equipment boosts EquipmentShare's growth potential.
  • IoT adoption aligns with EquipmentShare's T3 platform capabilities.
  • EquipmentShare's expansion plans include adding 555 jobs over five years.

What critics are saying

  • Emerging startups may threaten EquipmentShare's market share with innovative solutions.
  • Rising interest rates could hinder EquipmentShare's expansion financing.
  • Supply chain constraints may delay EquipmentShare's equipment delivery.

What makes EquipmentShare unique

  • EquipmentShare's T3 platform offers real-time jobsite and operations visibility.
  • The company provides OEM-agnostic equipment tracking and management solutions.
  • EquipmentShare integrates data science for predictive maintenance and operational efficiency.

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Benefits

Flexible Work Hours

Company Equity

Paid Holidays

401(k) Company Match

Medical, Dental and Vision benefits coverage for full-time employees

Generous paid time off (PTO)

Opportunities for career and professional development

Fitness Membership stipends

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
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dScribe AI has raised $1.2 million in funding from investors including Abstraction Capital, Flyover Capital, Redbud VC, KCRise Fund, and EquipmentShare. The funding will support the expansion of their video intelligence products, customer base, and AI technology. dScribe AI aims to simplify video data processing, making it accessible and actionable for developers and enterprises. The company is based in Kansas City and is backed by investors with strong regional ties.

Yahoo Finance
Apr 23rd, 2024
EquipmentShare Weighing US IPO as Soon as Next Year

EquipmentShare earlier this month closed $600 million of 8.625% senior secured second-lien notes due 2032, after increasing the size of the offering.

Accesswire
Apr 16th, 2024
EquipmentShare Successfully Closes Upsized Offering of $600 Million Senior Secured Second Lien Notes Due 2032 and Receives Ratings Agency Upgrades

Follows the company's successful debut and follow-on offerings in the bond market in 2023

Business Wire
Apr 15th, 2024
Redbud-Sponsored Missouri Startup Weekend Leaves Solvtax Poised To Be Next Billion-Dollar Alumni

COLUMBIA, Mo.--(BUSINESS WIRE)--Redbud-sponsored Missouri Startup Weekend ends with Solvtax as the winner. Ears perked up throughout the audience of Missouri Startup Weekend (MOSW) when Solvtax presented their winning pitch: a solution for avoiding financial implications through better business personal property tax management. It was evident this struck a chord with entrepreneurs, founders, and CEOs in both the audience and judge’s panel. The Solvtax team recognizes the limited resources and dwindling assistance available for small to mid-sized businesses, who face time-consuming manual financial entries and costly misinterpretation of tax laws

Bizjournals
Jan 11th, 2024
North Carolina industrial facility sells for second time in just a month

In November, EquipmentShare purchased a more than 28,000-square-foot industrial facility in Smithfield for $1.9 million.