@lorentzenbrowne80
Active 3 years, 8 months ago-
Kokholm Glover posted an update 3 years, 8 months ago
The advent of advanced loan participation technology has opened a new world for credit unions. banklabs -based model of loan participation has limitations and has not proven as effective as a digital platform. It lacks the transparency and completeness that digital platforms can offer. It also incurs cost and friction. The benefits include reduced…[Read more]
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Kokholm Glover posted an update 3 years, 8 months ago
Automating loan participation is important to the efficient management of the industry, as the process of managing the flow of customer documents into the system is very cumbersome. Earlier, managing banklabs was a difficult task as new documents were deposited into the system each year. Now, banks can connect with participating banks easily…[Read more]
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Kokholm Glover posted an update 3 years, 8 months ago
If you’re in the construction business, you’ve probably wondered about construction loan software. These systems can help you keep track of critical draw disbursements, regulatory compliance, and project progress. And with so many features available, they also help you manage your finances better. Here are some reasons to invest in construction…[Read more]
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Kokholm Glover posted an update 3 years, 8 months ago
A construction loan spreadsheet is an invaluable tool to keep track of construction costs and expenses. It can also be used to monitor key lending processes, as well as project costs, payment amounts, and the expected completion date. Using a construction loan spreadsheet can save you time, avoid costly mistakes, and stay on top of your finances.…[Read more]
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Kokholm Glover posted an update 3 years, 8 months ago
Loan participation technology is a powerful way to expand service area. It automates many processes, eliminating manual errors and reducing the time to close a loan. Advanced valuation tools and credit risk statistics can be integrated into the process. In addition, participating institutions can access advanced reporting and analytics to better…[Read more]
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Kokholm Glover became a registered member 3 years, 8 months ago

