Activity

The key to successful construction loan management is to track lien activities. This can be done by using the Lien Releases Report, which keeps track of the status of the lien, the amount of money needed and the disbursements made over time. It also helps track the progress of each project, including critical draw disbursements. Ideally, you…[Read more]

Construction loan software is a great way to simplify the process of processing draw processing. The program can manage finances, determine who was paid and how much capital was disbursed over time. It provides real-time information about progress, making it easy to monitor the loan’s progress. Technology helps reduce the time it takes to complete…[Read more]

nCino’s Construction Loan Administration helps FIs automate the construction finance process by eliminating manual data entry. This solution streamlines the entire disbursement process and allows FIs to manage budgets without leaving the platform. The software also integrates inspections and disbursements into the workflow, eliminating the need to…[Read more]

Banks are no strangers to loan participation, but they’re ready to automate the process to make the process more efficient and effective. The manual process of reviewing lengthy loan documents is slow, inefficient, and often requires significant resources. Fortunately, automation is already affecting nearly every aspect of our lives, including the…[Read more]