Banks can deepen relationships in their community and grow loans through construction lending. But construction lending is inherently complex and carries risks like builder failure and project delays, according to Andrew Spiering, sales director at Land Gorilla. Technology can help banks proactively manage these risks through data and predictive analytics, and can increase a lender’s efficiency by reducing paper-based processes.
Topics include:
• Mitigating Borrowers’ Concerns
• Managing Construction Lending Risks
• Increasing Efficiency