The construction loan spreadsheet is a great tool to motivate borrowers and lenders. The form includes column headings for expected costs, payments made, and amount left to pay. The columns also include total cost, payments, and expected cost. The last column shows the amount still to be paid. In other words, this spreadsheet helps you manage your…[Read more]

Radius LoanTrak is a secure, cloud-based construction project management software that supports the construction lending process at community banks. It eliminates the need for time-consuming spreadsheets and desktop tracking and reporting. It also includes a document and photo repository. This cloud-based software also enables banks to provide…[Read more]

A construction loan spreadsheet is a convenient way to track key metrics and details for your loan. A good one will have four columns, including the amount of loan proceeds, interest rate, and total project costs. For the purpose of this article, we will focus on a large, multi-column spreadsheet, but a simple version can also be used for smaller…[Read more]

You may have started off as a construction loan administrator and used a spreadsheet to track your project’s finances. This method of document management is both affordable and easy to use, but over time, you might have found yourself overwhelmed by the amount of information you need to track. Your spreadsheets may have become scattered among…[Read more]

With the growing popularity of loan participation technology, the world of lending is about to change. In addition to its numerous benefits, loan participations are an excellent way for smaller institutions to increase their capital and liquidity. However, as a participant, you have a few responsibilities. You must ensure that your transactions…[Read more]