Manage and administer all your CRE accounts with ECL’s powerful construction software for banks
Construction lending can be a very lucrative business for banks, but it can also be complicated, time-consuming, and labor-intensive. Having the right software can help streamline your lending processes, saving time and helping to mitigate certain risks inherent in this type of lending. ECL Software offers robust construction software for banks that can provide all the tools you need to manage and administer individual CRE loans as well as your bank’s lending portfolio as a whole.
Tools for Individual Loans
ECL Software’s construction software for banks makes it easy to handle all the tasks related to any given construction loan within a single user-friendly portal. From organizing leads to maintaining detailed information about loan terms, budgets, and borrowers to disbursing payments and recording pay-downs, our software does it all.
Tools for Your Whole Portfolio
The ability to run specialized reports on individual loans, loan groups, or entire portfolios is a must for any construction software for banks. ECL Software’s Fund Control suite goes one step further, offering predictive reports as well as status reports. The Stress Testing feature can be used to run unlimited stress scenarios based on “What If” statements you create. Check out what would happen to your portfolio if a certain loan goes into default or if economic trends change, and be better prepared to adjust your lending strategy as needed.
Customizable Construction Software for Banks
While certain tasks are necessary for any lending project, depending on how your bank does business you may or may not wish to use all the features of our construction software for banks. Not a problem! Our Fund Control software includes about 800 settings that can be turned on or off to accommodate how your bank does business. This makes it easy to integrate our software into your current workflow. Contact us to learn more about how our software can be configured to meet your needs.
