Bossen Hoffmann

For a successful construction loan, the administration team must carefully monitor all lien activity, including unconditional and conditional lien releases. The construction loan software includes a report to keep track of all invoices by project. Previously, this process was handled through email and Excel spreadsheets. The Retainage Report…[Read more]

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]

The Radius loan track service can help you get back on your feet after falling behind on your payments. This service is designed to allow you to pay off a debt by providing proof that the account is legitimate. Sometimes, collectors will try to collect more than they should, or they simply don’t have enough evidence to prove that you owe the…[Read more]

In the construction loan management process, there are a number of key tasks that must be tracked to ensure compliance and avoid a slip-up. The Lien Releases Report allows users to track the status of liens, including unconditional and conditional releases. It is also possible to view invoices by project to prevent issues from falling through the…[Read more]

For a smoother process, use a construction loan management software. These applications automate and centralize approvals, track payments, and manage lien waivers. They also automate the surfacing process and enable clients to communicate digitally with key stakeholders. These solutions can improve funding turnaround time by 25 percent. For more…[Read more]