Activity

The use of loan participation technology is growing in importance, especially as lending platforms move toward digital capabilities. With an increase in transparency, a greater number of institutions can participate in this complex credit management strategy. The use of loan participation technology helps to achieve greater efficiency in the…[Read more]

With the construction loan process becoming increasingly complex and time-consuming, it is important to streamline the loan management process. This is particularly true when there are hundreds of documents and spreadsheets to keep track of. This influx of documentation can also create stress and lead to missed deadlines. Fortunately, there are…[Read more]

Using automation, machine learning, and collaboration software to improve construction loan administration processes is becoming more common. While construction loan administration used to be done manually via phone calls, email, and fax, many activities are now completed online. These improvements are critical in today’s competitive lending…[Read more]

loans have probably heard about Radius Loan Track, but do you really know what it is and how does it work? This company has recently been acquired by LendingClub Bank and offers competitive interest rates and more services than most online banks. One of their best features is their checking account, which offers generous interest and cashback…[Read more]

A construction loan administrator is an important part of a construction finance team. This person coordinates and manages all aspects of a loan, from application to closing. In addition, they assist with budget analysis and site inspections. They also assist with reviewing and approving third-party reports and other documentation. Additionally,…[Read more]