@wileyhoughton9
Active 3 years, 6 months ago-
Navarro Lunding posted an update 3 years, 6 months ago
The concept of loan participation is not new. However, it needs to be improved to provide better customer service and to cut down on the amount of time it takes to review and process the documents. Banks can use automated loan participation software to make the process more efficient, increase their liquidity, and decrease the costs associated…[Read more]
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Navarro Lunding posted an update 3 years, 6 months ago
A cloud-based construction loan management system is the key to managing multiple projects. It eliminates paper-based tasks and allows clients to request draws digitally. It also enables collaboration with key stakeholders. The firm was selected for its ability to monitor different types of construction loans and its robust reporting capabilities.…[Read more]
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Navarro Lunding posted an update 3 years, 6 months ago
With Radius LoanTrak, you can easily monitor your construction loan projects and keep track of your credit score, without the hassle of spreadsheets. Its easy-to-use design allows you to see critical data in real-time. If you’re a construction lending company, this software will prove to be an invaluable tool. Use it to keep your finances in check…[Read more]
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Navarro Lunding posted an update 3 years, 6 months ago
Automating the processes that go into a participation loan is essential for the smooth flow of business. The process starts by creating the participation agreement and recruiting other banks to join. The lead bank then informs the other participating banks whenever there is a note increase. However, this can be done at any time and can be a…[Read more]
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Navarro Lunding posted an update 3 years, 6 months ago
Radius loan track is a service that provides a history of debts owed. This information is used by creditors to determine whether or not they are legitimate. The service may accept less than the full amount owed as a part of the repayment process. However, because debts become older over time, this option may limit your options to court action. In…[Read more]
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Navarro Lunding became a registered member 3 years, 6 months ago

