Get the Facts About How Fund Control Can Help Lenders Stay Updated and Efficient
Posted on October 13, 2020
At Fund Control, we have created software that works for a wide range of organizations but have found that it is particularly useful for lenders. If you are in the lending business and are not sure if this is the right option for you, keep reading to discover some of the benefits. Then contact us for a free demo to learn more about how we can help you grow your business.
Get Updates as Soon as They Happen You Will Have Constant Access to Updates on the Project
As the lender, you may not have traditionally been involved in the ins and outs of the construction process. You don’t want to have to call the project manager every day just to get a basic update on how the project is going. That’s where our software comes in. You can instantly sign in and see where the project is. Stop wasting time chasing down answers to your questions when you can find them right in our software.
Make Your Entire Process More Efficient
Without the right fund control process, you can end up facing a number of inefficiencies. You may spend half an hour making phone calls just to find out who needs to sign off on something. You may have to enter the same information in four different programs. You may have to send different emails to different involved parties.
When you have the fund control software from Fund Control, these are no longer issues. You can sign into each loan, find out who is handling what, and get instant access to them. You can enter information just one time, and you can greatly reduce your need to send an email. Anyone who wants an update, and has access to the software, can check the status for themselves.
You Can Increase the Accuracy of Everything
Is there anything more important as a lender than accuracy? Even a seemingly minor mistake can have a huge impact on a project. There are several ways that our software can help improve accuracy. First, as noted above, data only needs to be input a single time. This greatly reduces the chance for human error compared to programs that require the data to be entered numerous times.
Know Your Compliance
As a lender, no one knows better than you that the regulations and rules are constantly changing. While you are surely going to keep on top of them, do you have the resources to update your process every single time a minor change happens? We do. Don’t waste time trying to keep on top of compliance updates – we handle it for you.
If you are intrigued and ready to learn more, have questions for us, or would like to see a free demo, we welcome your call to Fund Control at 800-625-5972.