Manage individual loans, loan sectors, or entire loan portfolios with ECL Software’s online construction fund control suite.
Whether your lending institution handles a few construction loans or hundreds of accounts, you can benefit from ECL Software’s online construction fund control suite. This user-friendly software makes it easy to keep all of the information you need to know about an individual loan or loan portfolio in one central system that all authorized parties in your institution can access as needed.
Track & Maintain Detailed Information on Individual Loans
Our online construction fund control software has applications covering all your major needs. You can track:
- Leads and contacts
- Contracts and schedules
- Communications
- Original budgets and budget changes
- Vouchers and/or draw requests
- Detailed inspection reports
- Disbursement checks and/or transfer forms
Because all of these areas are linked in our online construction fund control software, you only have to enter a given piece of a data once in order for it to populate through to all relevant areas. For example, you can enter a contractor’s name into the system and have it populate into all the templates in the communications section of the software.
Manage Your Entire Loan Portfolio
When all of your individual loans are administered through our online construction fund control system, it becomes almost effortless to manage your portfolio as a whole. All you have to do is run our pre-programmed reports to instantly view a comprehensive overview of your cash flows, loan statuses, asset allocations, and more, sorted by lender, borrower, loan type, status, etc. Of course, you can also customize these reports to suit your own needs or even program different reports entirely. Our software also features a robust stress testing tool which can be used to analyze any number of different risk assessment scenarios.
Customize Your Online Construction Fund Control Software
We built this online construction fund control software because we recognized that existing options weren’t serving the needs of the industry well enough. However, although our system was built with construction lenders in mind, that doesn’t mean it can’t handle other loans. There are over 800 settings that can be turned on our off to help customize the system to meet your needs, which makes it possible to tailor your experience to accommodate other loan types that may be included in your portfolio.
Please contact us today for a free demo of our software so you can get a better idea of how it can help support the efficiency and success of your business.
