A construction loan spreadsheet is a helpful tool for keeping track of important metrics and details, such as the loan amount and the estimated completion date. It can also help you avoid costly mistakes and stay on top of your finances. However, a construction loan spreadsheet is not for everyone. In fact, it can be confusing to use for those who…[Read more]

The entire process of obtaining a construction loan requires a significant amount of documentation. In fact, it can be as time-consuming as tens of emails and hundreds of PDFs. But by using a centralized platform for construction loan management, you can ensure a smoother process and streamline compliance. To get started, here are the essentials…[Read more]

A construction loan spreadsheet contains four columns: source, uses, and payments. The first column should list the total project costs. The second column should list the interest rate. Divide this figure by twelve to determine the monthly expense. The higher the interest expense, the greater the amount of funds lent. If you’re looking to avoid…[Read more]

A major benefit of a loan participation automation system is that the account documents are stored in a central repository, making it easy to transfer them to participants. The software also allows users to view, save, and reject notifications. The software also keeps all participants up-to-date about loan terms and conditions. It also has a…[Read more]