From Meyers

The first and most obvious benefit of construction loan management software is its comprehensive database. Its robust reporting features and stress testing capabilities help managers keep track of all their construction loan activities. It is also easy to customize and offers a single point of access for all loan information. For the full picture,…[Read more]

Construction loan management software is essential for construction project managers. It can automate the process by collecting and tracking approvals in a central location. Users can also create templates for their budgets and request budget draws. The construction loan software will track invoices for each project and streamline the workflow by…[Read more]

Construction loan software automates the processes necessary for timely and accurate payments of contractors, suppliers, and other parties involved in a construction project. It can help keep track of regulatory compliance, critical draw disbursements, and project progress. The construction loan process can be stressful and require hundreds of…[Read more]

If you’re new to construction loan administration, you probably started by using a spreadsheet. They’re cheap and easily accessible, and can be an excellent tool for your team. However, as your monthly volume of construction loans increases, your spreadsheets might not have enough room for everything. You may be surprised to discover that you may…[Read more]

If you’re a private lender, you know that the construction loan approval process can be time-consuming and tedious. Fortunately, there are several solutions available that can simplify the process and make it much easier for you to track the status of all of your loans. These options include integrating the entire construction loan approval…[Read more]