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Buckner McIntyre posted an update 3 years ago
Construction loan software is revolutionizing the construction lending industry. Pen-to-paper systems of managing construction loans are inefficient and outdated. Most companies rely on spreadsheets to keep track of loan activity, including budgets, draw schedules, and disbursements. This method often leads to errors, double payments, and…[Read more]
Buckner McIntyre posted an update 3 years ago
A construction loan spreadsheet is a handy tool for tracking project performance indicators and the loan volume. A lender will want to have the ability to keep track of this data and ensure the accuracy of figures. This is an important bank for the contractor. Using a construction loan spreadsheet will be much easier than you might imagine. In…[Read more]
Buckner McIntyre posted an update 3 years ago
If you’re considering using loan participation software for your company, here are some things to look for in a program. One of the first things you’ll notice is the system’s ability to manage multiple banks simultaneously. Rather than having to maintain separate databases, Participate is able to handle thousands of loans at once. Participants can…[Read more]
Buckner McIntyre posted an update 3 years ago
The current state of loan participation technology has many advantages. It helps banks share loans more efficiently and take part in smaller deals at lower cost. It also allows them to provide more information on participating banks , types of loans, and other details that enhance valuation accuracy. This new technology can help banking…[Read more]
Buckner McIntyre posted an update 3 years ago
Construction loan software streamlines the process of construction lending by providing a centralized location for all project data. It also helps lenders and borrowers to communicate electronically and get access to money faster. Its features include digital draw schedules and project budgets, which automatically reconcile any discrepancies and…[Read more]
Buckner McIntyre became a registered member 3 years ago