The role of a construction loan administrator is critical in the completion of a project. The person responsible for overseeing the administration of a loan will ensure that the contract is fulfilled and disbursements are made in a timely manner. The individual will also be responsible for coordinating hands-on management of the loan, such as site…[Olvass tovább]

When it comes to high-volume construction loan management, one of the best solutions is a cloud-based application. These systems eliminate the need for paper-based processes and allow clients to request draws digitally. They also help track and communicate with key stakeholders. Built is a popular choice among lenders because of its robust…[Olvass tovább]

As the need for loan participation technology has increased, the number of systems that can manage the process has also grown. Traditionally, participants had to rely on the lead institution to keep them updated on their relationships. With the new technology, participants can review their credits independently. But the lead institution will still…[Olvass tovább]

Loan participation software allows banks to streamline the process of loan participation and increase their liquidity. The Participate platform automates the process, allowing parties to share data and cut the loan process from weeks to days. The platform also helps banks manage credit concentration risks by increasing their flexibility. This…[Olvass tovább]