Tag: construction loan lending

3 Tips for Managing Construction Loan Paperwork

Lions, and tigers, and paperwork – oh my! Managing all of the forms and invoices required for a construction loan can become a project unto itself. For one, you’re responsible for making sure that all the right documentation has been submitted and filled out correctly. Secondly, you need to keep track of all of these…
Read more

2021 Forecasts & the Right Construction Loan Management Software

Although many things are still unknown about COVID-19 and the economic recovery, a recent post-election survey of engineering and construction executives found that 68% of respondents characterized the business outlook for the industry as somewhat or very positive. While many things remain uncertain, here are a few things we can expect in 2021. Remote Work…
Read more

AccuDraw Version 7

What’s New in AccuDraw’s Version 7

AccuDraw’s construction loan software has always been able to offer the most flexible features your business needs. With AccuDraw’s Version 7, we’ve added even more custom functionality to help you and your team organize, sort, and analyze every piece of the construction loan management process, from construction loan tracking to construction loan disbursement. With Version…
Read more

How Star Wars Could Have Used AccuDraw’s All New Version 7

In a galaxy far, far away, an all-new version of AccuDraw was born – and now, Version 7 is here and ready to use! Here’s how these new features could have helped the Empire in Star Wars; we know it will improve whatever construction lending you’re working on, whether it’s conquering the next galaxy or…
Read more

Spreadsheets are like a box of chocolates

Construction Lending Software – Why 2020 May Be the Best Time to Start

AccuDraw can’t protect you from murder hornets or alleged “meth gators,” but it can prevent you from losing valuable data that costs you time and money. Even better – it can get your construction loans, lending, and disbursement up and running on software that is tailored to fit your business strategy. Here are three reasons…
Read more

Charts

4 Must-Haves In Your New Application

Your wish list of features may be long and complex for your new Construction Loan Management and Disbursement Software system.   If the Software does not have these 4 things…MOVE ON! Can you EASILY look at any project in the application and tell if the lender (YOU) control sufficient funds to finish the project at…
Read more

Working together

Windows Application vs. Web Application?

The Differences Are Crucial As you search for the best Construction Loan Monitoring and/or Construction Disbursement Software to compliment your Construction Financing Software you will find the products are divided into two categories, a Windows PC application installed on your computer (Windows Application), or an application that is located on an cloud based web server…
Read more

Woman searching

Search More Effectively For Your Bank’s Best Fit

Construction Lending used to be simple – Not Anymore. The construction industry has grown and become more diverse and sophisticated, so has construction lending. Multiple products are offered today: Commercial, Residential, Subdivision, Mortgage, Rehabilitation, Infrastructure, and Collateral Based Credit just to name a few, and every type needs specific tools to assist in monitoring or…
Read more

Man demoing

5 Reasons Why You ALWAYS Get A Live Demo

There are a variety of construction loan management and loan servicing software solutions available to a construction lender. Many lenders currently use Microsoft’s Excel. It is easily customized, can be edited to suit the needs of a team, and it is relatively easy to learn and maintain. And yet, Excel for all its strengths is…
Read more