Forbes Daniel

When banks comes to construction loan management, the first step is to implement a software system. Software can help streamline the entire process, from applying for a loan to managing it. It can also integrate all the necessary documents into a single database, allowing you to see and track progress in real time. In addition, the system will…[Read more]

If you’re in the process of planning a construction project, you may want to use a construction loan spreadsheet to keep track of all of your payments and jobs created during the commitment. This type of file is useful for tracking the amount of money you borrow, your credit history, and your plan. The lender will check your plan to make sure it’s…[Read more]

One of the most advanced loan participation technologies is the digital platform. Its capabilities are centered around connecting buyers and sellers, providing full transparency of loan participations, and eliminating the time and expense of manual processes. Its platform integrates robust data, financial and credit risk statistics, and advanced…[Read more]

Using a construction loan administration solution can streamline the entire construction process. banks lets borrowers send payments to contractors through ACH or a paper check. All transactions are tracked within the platform, eliminating the possibility of errors. In addition, nCino can automate the upload of inspection documents and invoices,…[Read more]

Construction Loan Manager is a comprehensive software suite that helps financial institutions manage all aspects of a construction loan portfolio. Its capabilities range from tracking budgets and draw schedules to disbursements and stress testing. The software consolidates all relevant data into a single system, providing real-time data and…[Read more]