Our fund control banking software makes managing complex construction loan accounts simpler
Managing a single construction loan account can feel like swimming in an endless sea of names, dates, and numbers. It only gets more complicated when you’re dealing with a whole portfolio of construction loans! Fortunately, ECL Software has made the construction loan management process simpler and more efficient by creating dedicated fund control banking software complete with every feature you could possibly need to administer an individual loan and your portfolio as a whole.
Managing Individual Loans
From creating contracts, budgets, and communications to tracking project progress and releasing and accepting funds, our fund control banking software does it all. The system is very user-friendly and operates on a single-entry principle that enables information to be entered once and then populated to all relevant areas. For example, you could enter a contractor’s name and address into the contact management tool and then have that info automatically populate to other areas such as the payment or communications portal.
Managing Your Entire Loan Portfolio
Our fund control banking software enables your staff to log into a single user-friendly portal and instantly view a comprehensive overview of risk assessments, cash flows, and asset allocations across your bank’s entire loan portfolio. This initial dashboard view can be customized to display whatever data you are most interested in. Beyond the dashboard, our software also offers functionalities for running pre-defined and customizable reports to analyze investments by loan type, lender, borrower, status, etc. Our system can also be made compatible with your backend accounting system to enable even more efficient and useful reporting.
Customize Your Fund Control Banking Software
Though our fund control banking software is designed specifically for construction loans, it can easily be used for other lending sectors so your staff can learn one system to handle all of your accounts. Our software has roughly 800 features that can be activated or deactivated to accommodate your needs and preferences, and we can program in other features to further customize your experience as needed. Please contact us today to take a closer look at our software and discover how it can help simplify your lending processes.
