Ancon Construction Celebrates 2023 Leadership Academy Graduates

Ancon Construction Celebrates 2023 Leadership Academy Graduates

Ancon Construction Celebrates 2023 Leadership Academy Graduates


Ancon Constructions is proud to share our two talented designers, Matt VanSoest and Bryan Baer, completed rigorous leadership academies this week and graduated. We are incredibly impressed with their dedication and hard work over the past nine months.

  • Matt had the opportunity to demonstrate his expertise and leadership skills by overseeing and mentoring teams who worked on initiatives improving the quality of life in Marshall County.
  • Bryan’s leadership team collaborated with Saving Grace Advocacy, a nonprofit organization in Elkhart. Their efforts will significantly impact the organization for years to come.

We are incredibly proud of their accomplishments. Congratulations to both of our designers on a job well done!

What Do Banks Like To See When Asking For A Commercial Construction Loan?

What Do Banks Like To See When Asking For A Commercial Construction Loan?


What do banks like to see when asking for a commercial construction loan?


If you’re planning to build a commercial property or undertake a major renovation project, you’ll likely need to secure financing through a commercial construction loan. These loans are specifically designed to cover the costs associated with commercial building projects and require a different set of documentation and requirements than a traditional business loan.

Here are some of the key factors that banks typically look for when considering a commercial construction loan application:

  1. A strong business plan: Banks will want to see a detailed business plan that outlines your project’s scope, including blueprints, architectural drawings, permits, contractor bids, and timelines. This plan should also include a detailed breakdown of the costs involved in the project, as well as an estimate of the property’s value upon completion.
  2. Strong credit history: As with any loan application, banks will want to see a solid credit history demonstrating your ability to make timely payments and manage debt responsibly. A high credit score and a low debt-to-income ratio can help increase your chances of being approved for a commercial construction loan.
  3. Adequate collateral: Commercial construction loans are typically considered riskier than traditional business loans, so banks may require additional collateral to secure the loan. This could include a lien on the property or other assets, such as a vehicle or investment account.
  4. Sufficient cash reserves: Banks will also want to see that you have enough cash reserves to cover unexpected expenses that may arise during the construction process. This could include things like delays in construction, unexpected material costs, or changes to the scope of the project.
  5. Experienced contractor: Banks will want to see that you’re working with an experienced and reputable contractor who has a track record of successfully completing similar projects. They typically require that the contractor be licensed and insured. Completing schematic drawings and understanding the actual construction cost can save time and additional questions from the bank’s underwriters. These documents should be included with your loan application.
  6. Proven track record: If you’re an established business owner, banks will want to see a proven track record of successful projects and profitability. This can help assure the lender that you have the experience and financial stability to manage a large-scale construction project.
  7. Projected cash flow: Banks will want to see that the property will generate sufficient cash flow to cover loan payments and operating expenses once the construction is complete. This could include projections of future rental income, sales revenue, or other revenue streams.

Securing a commercial construction loan requires a thorough and detailed application process. By working with a knowledgeable lender and providing all the necessary documentation and requirements, you can increase your chances of being approved for a commercial construction loan and successfully completing your building or renovation project.

Ancon Construction would love to help answer your commercial construction loan questions and learn more about your vision. A 100% Employee-Owned True Design-Build Construction firm since 1975. 

Let’s get your project started…together.

Cultivating Leaders

Cultivating Leaders

Cultivating Leaders: Doug Bender’s 37-Year Journey with Ancon Construction.


Meet Doug Bender, a 37-year employee-owner of Ancon Construction. “I always knew I wanted to be in construction. My grandma called me “Noah” – Because I always messed with my grandpa’s stuff – taking things apart and putting them back together. She said I was going to build things – she was right.”

In April of 1986, Doug started his journey with Ancon Construction when he received an offer to work in the company’s carpentry division. He swiftly climbed up the ranks and took on a foreman position, eventually becoming a superintendent. The most significant project for Doug was the Sturgis Wesleyan Church, where he first worked as a foreman. He played an active role in all aspects of the project, from the foundation to the highest point of the roof. He described the project as a “nice building – but grueling work,” due to the temperatures reaching 110 degrees Fahrenheit in the hot summer of 1988.

Doug finds motivation in the challenges each new project brings. “You’re not always doing the same thing,” he said, adding that the challenges keep him sharp and engaged.

“Doug understands that different personalities exist and is very good at reading and dealing with the different types. That helps in having a cohesive crew which leads to a cohesive job with subcontractors,” shares, Lloyd, a leader Doug has admired over his years at Ancon Construction.

What Doug enjoys most, however, is growing aspiring craftsmen and leaders. “I’m not a teacher – I’m a farmer. Teaching isn’t what I do. I grow individuals,” he said. According to Doug, cultivating future craftsmen and leaders requires planting a seed, feeding, fertilizing, and nurturing until they understand. “Anyone can grow a weed. If you don’t take care of your crop, you’re not going to have one,” he added.

Doug’s experience at Ancon highlights the importance of mentorship in the workplace. His commitment to “cultivating” has helped Ancon Construction build a culture of excellence that attracts and retains talented individuals. It’s no wonder Doug has been with Ancon for 37 years and counting!

Doug’s story shows that it’s possible to find fulfillment and longevity in a career by constantly challenging oneself and passing on knowledge to the next generation. His journey with Ancon is a testament to the importance of mentorship in building a company’s culture and success. We wish Doug all the best in his future endeavors and look forward to seeing the fruits of his labor in the years to come.

The Importance of a Ribbon-Cutting Event

The Importance of a Ribbon-Cutting Event

A ribbon-cutting event is an essential part of any business launch, grand opening or refresh. It’s an opportunity to celebrate your success and build a strong foundation for your business.


Here are five reasons why having a ribbon-cutting event is important.

  1. Creates Awareness
    A ribbon-cutting event is an excellent way to generate buzz about your new business or product launch. It creates a sense of excitement and anticipation among potential customers, which can translate into increased foot traffic and sales.

2. Builds Credibility
By hosting a ribbon-cutting event, you are establishing your business as a reputable and trustworthy organization. It shows that you are committed to the success of your business and are willing to invest time and resources to make it successful.

3. Generates Media Attention
Organizing a ribbon-cutting event can attract media attention, which can lead to valuable publicity for your business. Local newspapers, TV stations, and online news outlets may cover the event, which can help spread the word about your business to a wider audience.

4. Creates Networking Opportunities
Hosting a ribbon-cutting event is an excellent opportunity to network with other business owners, community leaders, and potential customers. It can help you establish relationships that can be beneficial for your business in the long run.

5. Celebrates a Milestone
Celebrate your significant milestone in your business journey with a ribbon-cutting event. It’s a chance to recognize the hard work and dedication that went into making your business or product launch a reality and is a great time to recognize and thank staff.

Contact us to learn more about how we can help you plan your ribbon-cutting event and provide you with a comprehensive checklist to ensure your event is flawless.

CLICK HERE to view and print flyer.

Construction 101

Construction 101


These questions should give you a good idea of the contractor’s experience, abilities, and approach to construction projects. By asking these questions, you can make a more informed decision about whether or not to hire them.

Consider asking the commercial contractor:

  • What is your experience with projects similar to mine?
  • How does your firm handle design? (If they say they are Design-Build, do they have in-house architects on staff or are they using a 3rd party architect? True Design-Build construction firms have in-house architects and design teams. Third-party architects significantly increase the risk for the owner compared to a firm that has an in-house design team.)
  • Can you provide references from previous clients, and may I contact them?
  • What is your company’s size, and what is your team’s capacity to handle my project?
  • Do you provide an onsite superintendent? If so, are they dedicated to just one project or do they float on multiple jobs? (A dedicated superintendent focused only on your project will keep the project on track and provides cost mitigation.)
  • Ask the general Contractor to walk through the initial meeting all the way to the final construction phase. (This is a good way to help you understand if their process is a good fit for you and your project.)
  • If we need a budget for the project, what is your company’s process for creating that budget?
  • What is your company’s safety record, and how do you ensure the safety of your workers, your subcontractors, and the public during construction?
  • How do you handle change orders, and what is your process for requesting additional funds or time?
  • What is your policy on communication with clients during the construction process, and who will be the primary point of contact?
  • What is your process for handling unforeseen issues or problems that arise during construction?
  • Are you licensed and insured, and can you provide proof of this?
  • What makes you different from your competitors?

Ancon Construction would love to answer these questions and learn more about your vision. A 100% Employee-Owned True Design-Build Construction firm since 1975.


Let’s get your project started…together.

CLICK HERE to view or print this as a flyer.