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In the fast-paced world of construction finance, it is vital for companies to automate processes in order to minimize risk and ensure quality customer service. Fortunately, technology is available to help improve construction loan processes and reduce the chance of error. Franklin Synergy Bank implemented construction loan software to increase

Construction loan management software can streamline the process of receiving and disbursing construction loans. nCino users can create budget templates with multiple line items and approve or disburse funds based on the project's phases and milestones. Using nCino to manage these processes will save you time, effort, and tens of

While loan participation is not a new concept, the process needs to be upgraded to increase efficiency. This is because the documents used in the process are long and require an extensive amount of time. With technology progressing at a rapid pace, we can expect automation to become an integral

As a leading loan participation technology provider, LoanStreet Inc. recently welcomed JP Wartman and Ra'Shaud Haines to its board of directors. Both are seasoned industry veterans with proven track records of facilitating long-term business relationships. They will be instrumental in the continued development of LoanStreet's technology and help to bring

The Radius Loan Track can be useful for companies that want to determine their eligibility for a line of credit. The company must have payroll expenses of $2.77M in 2019 in order to receive a loan. However, since there are only 22 employees, the company does not meet the