Pate Vester

BankLabs is revolutionizing the loan participation process with their end-to-end software, Participate. This innovative tool allows both participants and originators to easily share data and information. By automating the process, BankLabs can cut weeks off the slow origination process and give banks more flexibility and liquidity. However, how does Participate

Loan participation automation is an ideal tool for banks, credit unions, and other financial institutions looking to reduce costs associated with managing a large portfolio of loans. It helps participants and banks maintain a comprehensive transaction history of loans, including the pro-rata share of each party. It also notifies downstream

Loan participation automation software helps manage the loan process by transferring documents between participants. The software stores account documents and pro-rata share information for each party. It also provides automatic updates to downstream participants on loan terms. It has a document repository that notifies participants when new documents are added.

A construction loan spreadsheet can track important metrics such as the loan to cost ratio and the progress of the construction project. The use of such a tool can motivate builders, lenders and borrowers to work together to get the job done. This tool is available free online or from

Construction loan management involves monitoring the activity of hundreds of documents, spreadsheets, tens of emails, and PDFs. Keeping track of these documents is both time-consuming and stressful, and a centralized platform makes everything much easier. It also allows administrators to prioritize next steps, eliminate misappropriation of funds, and track the