• Reddy Fink posted an update 2 years, 1 month ago

    Investing in Loan participation technology can be a rewarding and profitable process. It enables lenders to partner in the process and reduce risk exposure. It can free up capacity, improve liquidity, and decrease concentrations. Most importantly, it can eliminate the expense and friction of manual processes. These platforms can help financial…[Read more]

  • Reddy Fink posted an update 2 years, 1 month ago

    Construction loan software can help streamline the process for many stakeholders in the construction lending industry. For example, a borrower can use the software to electronically submit payment requests to contractors. They can also send payments through physical checks or ACH. The software allows borrowers and lenders to track these…[Read more]

  • Reddy Fink posted an update 2 years, 1 month ago

    Construction loan software is an effective solution for streamlining the approval process for construction loans. The software will keep track of liens and the status of the release, as well as the invoices by project. It will also automate the reconciliation of digital draw schedules and project budgets. It will help speed up the approval process…[Read more]

  • Reddy Fink posted an update 2 years, 1 month ago

    A construction loan spreadsheet is a helpful tool for keeping track of important metrics and details, such as the loan amount and the estimated completion date. It can also help you avoid costly mistakes and stay on top of your finances. However, a construction loan spreadsheet is not for everyone. In fact, it can be confusing to use for those who…[Read more]

  • Reddy Fink posted an update 2 years, 1 month ago

    Several advantages of a construction loan spreadsheet include its ease of use, accessibility and low cost. However, as the volume of construction loans increased and monthly cash flows increased, the users often found that the application was not as effective as they had originally thought. In these cases, the users should consider using a more…[Read more]

  • Reddy Fink became a registered member 2 years, 1 month ago