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Category: Construction Loan Software

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The Custom-Fit Failure of Digital Transformation

Enterprises are expected to spend $1.3 trillion in digital transformation projects this year. Unfortunately, about 70 percent of those investments—adding up to more than $900 billion—will be wasted.  For digital transformation to... Read More

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Overcoming Affordable Housing Finance Challenges

As millennials age, baby boomers retire and downsize, and costs-of-living continue to rise, the demand for affordable housing is reaching a fever pitch. But as many developers have discovered, determining... Read More

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Example of Machine Learning in Banking and Construction Loan Management

In this example, a bank, let’s call them First Federal, is a commercial construction lender with a $500M portfolio. They manage dozens of loans and the deluge of administrative tasks... Read More

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How Construction Loan Software Fast Tracks the Construction Draw Process

Contract Simply is now Rabbet. We’re the same company – just with a new name – building the only intelligent construction finance platform. The content of this post has been... Read More

How Construction Loan Software Cuts Draw Application Processing in Half

How Construction Loan Software Cuts Draw Application Processing in Half

Imagine that instead of biting your nails for five days (or is it nine days?) manually reviewing and approving a construction draw request, you can do it half the time.... Read More

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Construction Loan Management and the 2018 LendIt Fintech Conference

Contract Simply is now Rabbet. We’re the same company – just with a new name – building the only intelligent construction finance platform. The content of this post has been... Read More

Embracing Mechanic’s Liens with Construction Loan Software

Embracing Mechanic’s Liens with Construction Loan Software

In a “sunshine and rainbows” world, construction contractors do a stellar job, their draw request is approved, and lenders pay up - everyone is happy for the rest of time.... Read More

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Construction Loan Software Expedites the Construction Draw Process

Modern technology aims to simplify all processes and aspects of human existence. And the tasks associated with managing the construction draw process are no exception. Given the fact that the... Read More

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SaaS – Digital Trends in Construction Loan Administration

Although post-closing management of construction loans is an area ripe for game-changing process improvement, it has been largely underserved by technology. There are many variables in construction loan administration including... Read More