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Construction loan administration is a crucial role for construction lenders. This role helps the lender manage the financial aspects of the construction loans and ensures compliance with the various loan requirements. Often times, technology is employed to help the process go smoothly and reduce risk. For example, Franklin Synergy Bank was able to…[Read more]

In the past, managing the flow of customer documents was nearly impossible. Every year, hundreds of thousands of new documents are deposited in the bank. Each one must be scanned and distributed manually. Now, loan participation automation makes it easy to connect participating banks. Account administrators can add participating banks in just a…[Read more]

If you are involved in the construction loan process, you know how tedious and time-consuming it can be. You must gather hundreds of documents and spreadsheets, and you must deal with dozens of emails and tens of PDFs. Moreover, you must manage your portfolio on a centralized system. With construction loan management software, all the data is…[Read more]

Using banks can streamline the documentation process, which can be stressful and time-consuming. The process can include hundreds of documents, spreadsheets, tens of emails, and hundreds of PDFs. The benefits of using construction loan software are numerous and can help any lender avoid the pitfalls of a mechanic’s lien. Fund Control’s Cloud Based…[Read more]