BankLabs recently introduced a free trial of Participate, a loan participation automation platform. The program is intended to help financial institutions automate loan participation processes. If you have a print subscription, you can log in to the new website to request a free trial. Digital subscribers can set up a new account and reset their…[Olvass tovább]

The construction loan management process involves a lot of paperwork and is stressful. It requires the submission of hundreds of documents and spreadsheets, tens of emails, and piles of paperwork. Using a centralized platform can help you streamline the process and reduce stress. A lender should also be aware of any potential problems and provide…[Olvass tovább]

Construction loan administration is an essential role for construction lenders. This person is responsible for closing the transaction, facilitating disbursements throughout the life of the loan, and coordinating hands-on management of the loan. The role also involves managing site inspections, drawing requests, budget analysis, and other…[Olvass tovább]

With the rising costs of obtaining construction loans, companies are now realizing the value of automating construction loan management processes. Manual processes can lead to errors, frustration, and loss of time, all while creating a negative customer experience. Fortunately, there are several solutions that can make the entire process much…[Olvass tovább]