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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 benefits of Loan participation automation are many. The process is streamlined and digitized, which makes it easier to produce loan documents. Banks can access the data anywhere and share it with anyone who needs it. In addition, this technology allows banks to make a decision more quickly by sharing information with more people at once. It is…[Read more]

There are many benefits to using a loan participation software system. BankLabs’ loan participation software, Participate, allows originators and participants to share loan information electronically, automating their workflow. The result: a faster and easier loan participation process. As a result, banks have more flexibility and liquidity. This…[Read more]

Automation of loan participation processes can significantly reduce costs and improve efficiency while enhancing risk management. Automated loans can streamline the process and reduce costs, while increasing the level of flexibility for banks. Moreover, automated systems enable banks to monitor and manage a large number of loan participants.…[Read more]

When it comes to high-volume construction loan management, one of the best solutions is a cloud-based application. These systems eliminate the need for paper-based processes and allow clients to request draws digitally. They also help track and communicate with key stakeholders. Built is a popular choice among lenders because of its robust…[Read more]