Loan Draw

How Accounting Software for Developers Provides a Competitive Edge

Accounting software is a crucial tool for real estate developers. It can help streamline financial processes, improve accuracy, and ultimately increase profitability. In this article, we’ll explore why proper accounting software is so important for real estate developers and the key features to look for in such software. First and foremost, accounting software can help …

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Benefits of Modern Cloud-Based Commercial Real Estate Development Software

Businesses and organizations outgrowing entry-level accounting software, and those running legacy applications struggle to adapt to today’s rapidly changing business environment. As a result, companies are hampered by high IT costs for one-off integrations and intrusive customizations, providing minimal functionality to grow into new markets. Accurate, real-time accounting is paramount for real estate developers and …

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How To Improve the Timeliness of Cash Flow & Funding For Real Estate Developers

As a real estate developer, you understand the importance of maintaining a steady cash flow and access to bank financing for your projects. In the fast-paced world of real estate development, delays in receiving funding or payments can disrupt your project timeline and even lead to costly mistakes. To help ensure the timely flow of …

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Development Loan Draws Made Simple

  Are you a Real Estate Developer struggling with paperwork and the time associated with creating loan draw packages for your financial institution?   One of the biggest challenges to the development finance process is submitting draw requests to lending institutions. Software automation now makes this process simple, and Budgetrac Software is on the cutting-edge …

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Why Real Estate Developers Choose Budgetrac for Their Organization

Budgetrac Software was created specifically to meet the needs of real estate development project management and is the only real estate software in the marketplace that handles the complete life cycle of assets from predevelopment to disposition, and everything in-between. The primary difference between Budgetrac Software and other real estate development products in the marketplace …

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Why Commercial Real Estate Developers Need Technology

Consensus says that the best way to run any organization is by utilizing the latest technology and having a state-of-the-art software solution appropriately created for its industry and purpose. We subscribe to this belief and feel strongly that real estate developers need to embrace technology to enhance their accuracy, productivity and overall profitability. Several years …

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Product Feature: Loan Draw

One of the biggest challenges to the development finance process is submitting loan draw requests to lending institutions. These requests happen frequently and potentially multiple times per project, yet the process can be arduous and inefficient for developers without the proper tools. For most real estate developers, project information is typically trapped in spreadsheets and …

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Loan Draw for Real Estate Developers Made Easy

  The Current Draw Process One of the biggest challenges to the development finance process is submitting draw requests to lending institutions. These requests happen frequently and potentially multiple times per project, yet the process can be arduous and inefficient without the proper tools. The development team is frequently in charge of collecting all project …

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