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Advantages

Our mission is to simplify the banking relationship between lenders, borrowers, inspectors and bank examiners. A direct benefit of this simplification is increased productivity. Centact Solutions will streamline your construction loan process with our web-based technology in several ways;

• Consolidated Data - Centact Solutions consolidates all of the data collected during the life of a construction loan in a manageable format. Centact Solutions collects digital draw requests, 3rd party decisions and draw inspection reports.
• Unifying Lending Relationships - Centact Solutions allows lenders to manage their customers more efficiently. Our service allows banks to accept draw requests and fund accounts quickly. With these tools, lenders are able to work with 3rd party approvers and draw inspectors with a click of the mouse.
• Increasing Efficiency - Centact Solutions increases the efficiency of loan officers by 50% or more. With increased efficiency, loan officers are able to generate more loans thus gaining company profit.
• Improved Internal/External Communications - This system enhances communication between examiners, partnering financial institutions (participation loans) and inner bank relations with upper management. Once logged onto Centact Solutions, the user is able to view all funded or denied draw requests, 3rd party decisions and inspection reports throughout the entire construction project.
• Inspection Management Tool - Centact Solutions proprietary inspection management tool allows banks to communicate with and use internal or 3rd party inspectors. The chosen inspector works with Centact Solutions to create a Centact Analysis TM. The Centact Analysis TM is a detailed, consistent and formatted inspection report. Details include percentage of completion per line item, percentage of completion for total construction project, amounts funded per line item, notes per line item and a detailed photograph page.
• Secure Database & No IT Implementation - Centact Solutions realizes that the stored data is extremely sensitive and has implemented the latest security features in the industry. Our web-based service does not require any installation or IT implementation.

Centact Solutions is the only web based construction loan management tool on the market. Centact Solutions unique technology streamlines every aspect of construction lending. Using Centact Solutions will enable banks to issue more construction loans as well as greatly improve the construction lending process.