Automating the process of loan participation can have many benefits. First, automated loan participation software helps banks share information more efficiently. It also reduces the risk of credit concentration and maximizes profitability. This solution can also save a bank weeks of manual labor. Second, this software lets banks share information…[Olvass tovább]

Construction loan administration requires constant oversight and continuous improvement. The process used to be very labor-intensive and involve lots of manual work, including email, phone calls and paper files. Today, technology solutions have become a vital part of this process, allowing construction lenders to eliminate waste, automate…[Olvass tovább]

Creating a construction loan spreadsheet is a great way to keep track of every aspect of the construction process. This will ensure that you don’t miss a payment, and you can use the data to calculate the interest rate. It is also helpful for calculating the total cost of the project, and you can even compare the estimated costs to actual costs.…[Olvass tovább]

If you are in the process of seeking a construction loan, you’re probably well aware of the many details and documents required. It can be a time-consuming and stressful process. The documents you need to collect for the loan application can run into the hundreds. Then there are the tens of emails, spreadsheets, and PDFs that need to be…[Olvass tovább]