Wilkins McMahan

If you manage loan participations, you already know how time-consuming they can be. You are responsible for monthly trial balance reports, delinquency reports, and other statements, and you may be wondering how to ensure regulatory compliance. Luckily, loan participation software can automate this process and streamline your operations. Using a…[Read more]

Banklabs can reduce costs, improve efficiency, and reduce paper. Using loan participation software, banks can serve more borrowers while minimizing credit costs and maximizing profitability. The key benefits of loan-participation automation are: a reduction in the amount of time it takes to process new documents, a more streamlined process for…[Read more]

The Radius loan track can help you identify which loans you have outstanding debts from. Depending on the debt, you may be eligible to pay a portion of your balance in full or you may have to pay the remaining balance. The repayment period for these loans varies from one to three years. The amount you owe will depend on the debt type. The amount…[Read more]

The construction loan process is complex and requires a great deal of documentation. Keeping track of hundreds of documents, spreadsheets, PDFs, and tens of emails is a time-consuming and stressful process. With Banklabs , this process is streamlined and you can keep track of critical draw disbursements and regulatory compliance in one central…[Read more]

When Banklabs comes to the process of getting a construction loan, the entire documentation process can be overwhelming and stressful. In addition to the hundreds of documents and spreadsheets, there can also be tens of emails and PDFs involved. Having a centralized system to track all of this information is critical to risk mitigation and…[Read more]