@bernsteinjansen0
Active 3 years, 7 months ago-
Massey Broe posted an update 3 years, 7 months ago
Traditional loan participation processes have been time-consuming, inefficient, and cumbersome. Typically, these processes involve long loan documents and take a lot of time to review. But with new technologies, these processes can become much faster and more transparent. Here’s what you can expect from new technologies. Learn how they will…[Read more]
-
Massey Broe posted an update 3 years, 7 months ago
A construction loan spreadsheet can be helpful for a number of purposes. It can be used by borrowers, lenders, and builders to track progress on a project. The construction loan tracking spreadsheet can help you track your expenses and monitor progress on your new construction. Using a template can help you create a customized version of the…[Read more]
-
Massey Broe posted an update 3 years, 7 months ago
Construction loan management software is a useful tool to streamline the process of securing a construction loan. It collects all required approvals in a single, centralized system. This software also integrates digital draw schedules and project budgets to automatically reconcile challenges and surfacing issues. These tools can help you manage…[Read more]
-
Massey Broe posted an update 3 years, 7 months ago
The benefits of construction loan software extend far beyond the ability to track all approvals and surfacing issues. It also allows lenders to streamline the process by tracking approvals in one central location. Digital draw schedules and project budgets can be reconciled automatically, which expedites the process and improves overall…[Read more]
-
Massey Broe posted an update 3 years, 7 months ago
In the past, lending platforms and banks have transacted loan participations through brokers. This broker-based model has several drawbacks, including a small pool of potential buyers and a lack of transparency. banklabs imposes substantial costs and delays, primarily in the form of upfront transaction fees and time-consuming due diligence.…[Read more]
-
Massey Broe became a registered member 3 years, 7 months ago

