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Bojsen Everett posted an update 2 years, 11 months ago
The next generation of lending platforms are likely to improve loan participation technology even further. This next-generation platform will help participants to monitor their credits and receive updates about each relationship on their own. It will also present the respective loans and fees of each participating institution. It is likely that…[Read more]
Bojsen Everett posted an update 2 years, 11 months ago
When you consider loan participation technology, it’s worth considering all the features that are available. With a variety of customizable features, you can choose the one that is best for your business. Many platforms even have their own software for facilitating loan participations, so you can focus on your core competencies. If you’re unsure…[Read more]
Bojsen Everett posted an update 2 years, 11 months ago
There are several different benefits to using loan participation software. The system allows you to manage all aspects of the loan process, including customer documents. The program can send notifications to participating banks when funds are requested or disbursed, and it can keep them up to date with the terms and conditions of the loan. The…[Read more]
Bojsen Everett posted an update 2 years, 11 months ago
Construction loan software combines the administrative and service sides of the construction lending process in a single system. It allows all stakeholders to work more efficiently and avoid data loss. Lenders can view reports on data reconciliation to see where their loan is stalling and identify gaps in their processes. Using construction loan…[Read more]
Bojsen Everett posted an update 2 years, 11 months ago
Using a construction loan spreadsheet will allow you to calculate and report on your monthly payments, including interest and principal. In addition to the ability to track monthly payment information, this tool can be very helpful when working with contractors. While most construction loan spreadsheets are filled with protection features, these…[Read more]
Bojsen Everett became a registered member 2 years, 11 months ago