A construction loan spreadsheet is a helpful tool for keeping track of a construction project’s progress. It helps you estimate the costs and the total payment. You can use it to track payments and debts, and it’s extremely useful for community businesses. By having an updated spreadsheet, you can avoid surprises and stay on top of your project’s…[Olvass tovább]

The role of a Construction Loan Administrator is to oversee and manage the life of a construction loan, helping to close transactions and facilitate disbursements. Traditionally, this has involved managing paper files, conducting site inspections, and analyzing budgets. Technology solutions, however, have simplified the administration process,…[Olvass tovább]

The main purpose of construction loan software is to make sure that funds are available to complete the project. Some loans are accrued with interest from the date of issuance. Unlike other loans, these do not accrue interest from the date of disbursement. Moreover, construction loan administration software eliminates the need for a mechanic’s…[Olvass tovább]

Construction loan management software helps owners, contractors, and developers manage their entire portfolio of loan s. It is capable of stress testing and robust reporting. With all the data stored in a single system, these tools provide up-to-date reports. The built system is the most convenient tool for construction loan management. It allows…[Olvass tovább]

One of the most important issues in the construction industry is matching available funds to approved projects. This can lead to cash-flow deficits if not handled correctly. This can be easily remedied by implementing a construction loan module. The software provides flexibility in scheduling disbursements and also offers a commitment tracking…[Olvass tovább]