Lockhart Meyer

Construction loan management software is an indispensable tool for the construction industry. It helps streamline the entire construction loan process. It collects and tracks all the required approvals in one central location. It has features that help you track critical draw disbursements and compliance. Using it, you can keep track of all your…[Read more]

Building a construction loan spreadsheet can reduce the time and effort required for the project. These forms contain columns for subcontractors, suppliers, and expected costs. Other columns include payments made and amounts still due. Using these forms can help lenders and borrowers track their budgets and make decisions quickly. But what if your…[Read more]

The latest innovation in loan participation software is called Participate. This innovative solution helps banks streamline the loan participation process. By using an e-signatures system, the participation documents are shared electronically. The participants can view the documents or download them. Moreover, the system notifies them about any…[Read more]

Radius LoanTrak is a cloud-based construction project management solution for community banks. This software eliminates tedious administrative tasks such as spreadsheets and desktop tracking, and provides a centralized repository of documents. Funding can be done with one click and management can access performance data anytime. The system is…[Read more]

In order to make sure that you have all the information you need for a construction loan, you need to streamline the process. The administrative side of a construction loan is prone to errors, so using a construction loan software program can make the entire process much easier. Lien releases and monthly draws can be processed with ease, and…[Read more]