Automate loan documents.
By centralizing budgets, reallocations and invoices, preparing an accurate draw request for each lender is a breeze.
Automatically upload contractor pay applications and track the unique requirements of each project, loan and budget in one location. And with loan information centralized, your required draw documents get prepared automatically and accurately in a fraction of the time.
By reviewing documents for potential lender objections and concerns, your team can clarify issues with your contractor and provide additional supporting information to the lender to prevent delays in funding. Whether you are releasing retainage or billing for stored materials, make sure you have everything the lender requires.
Centralizing invoices and draw approvals enables your team to pay vendors as soon as the draw is funded. Additionally, electronically track receipt of payment and collect lien releases to make addressing issues and preparing next months draw request even easier.