The latest advancements in loan participation technology allow for more effective processes and improved profitability. Integrated workflow management and pipeline management components are also available. These features help with mission critical tasks, such as financial statement covenants and annual reviews. This improves the lead institution’s…[Olvass tovább]

In an effort to streamline construction loan documentation, First Federal implemented construction loan management software. This innovative system automates documents, authorizations, and reporting. With the help of machine learning, this software can identify errors and make the process more efficient. It also eliminates human error. The First…[Olvass tovább]

If you’re an administrator for a construction loan, you probably began your career using a spreadsheet to enter and manage loan information. These programs are simple, accessible, and cost-effective to implement. However, over time, your team’s volume of loans may have increased, and you’d prefer to automate your construction loan management…[Olvass tovább]

The key to maximizing loan participation is automating the process. A human can spend 25 minutes processing a notification that a note has increased, while a robot can complete the same task in 45 seconds and with zero error rates. The automation module makes it easy to connect participating banks. Users can set up the contact information of the…[Olvass tovább]