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Get the latest construction industry news, best practices, and information to help you grow your business.

How to Minimize Errors in Construction Loan Draw Request Processing?

Minimizing errors in construction loan draw request processing requires standardization, automation, and rigorous...

What automated workflows streamline construction loan draw management?

Automated workflows streamline construction loan draw management by replacing slow, manual, paper-heavy processes with...

How to Manage a Construction Loan

Managing a construction loan requires rigorous draw administration with complete documentation verification,...

Why Should I Choose Sekady Over Other Construction Financing Platforms?

Sekady stands out through user-friendly interface, robust features specifically tailored to construction and private...

Can Sekady Help with Project Tracking and Reporting?

Yes, Sekady provides comprehensive project tracking and reporting tools that make monitoring project progress...

What Security Certifications Matter for Construction Loan Software?

Security certifications for construction loan software include ISO 27001 (information security management), SOC 2...

How Do Construction Lenders Monitor Project Progress?

Construction lenders monitor project progress by gaining real-time visibility into key milestones, budgets, and...

What Platforms Support Multiple Payment Methods for Construction Draws?

Platforms supporting multiple payment methods let you disburse construction draws via ACH, wire transfer, checks,...

How to Manage Draw Requests from Multiple Projects?

Managing draw requests from multiple projects requires using a centralized system giving you visibility into all active...

How to Manage Private Construction Loans with Software Solutions

Managing private construction loans with specialized software means using a platform designed for the complexities of...

How Can Businesses Streamline Funds Disbursement to Minimize Manual Work?

Streamlining funds disbursement means automating every step from request submission through approval to fund release so...

What is the Role of Mobile Apps in Managing Draw Requests On-Site?

Mobile apps enable contractors, builders, and inspectors to manage draws from the job site instead of waiting to return...

How Does Construction Loan Software Help Reduce Manual Errors?

Construction loan software reduces manual errors by automating data entry, eliminating duplicate work, and creating a...

What is a Draw Inspection?

A draw inspection is a site visit by a lender's inspector to verify work claimed in a draw request is actually complete...

How to Pay Subcontractors from Construction Draws

Subcontractors are typically paid directly from construction loan draws once their work is completed and verified. The...

What Are the Steps Involved in Automating Construction Loan Draws?

Automating construction loan draws involves connecting your loan management system with project tracking software so...

What is a Construction Draw?

A construction draw is a disbursement of funds from a construction loan released after completing a specific project...

What is a Draw Request?

A draw request is a formal request submitted to a lender asking for release of construction loan funds after completing...

Life, Lending, and Software as .... Manure?

Thayne Boren, President of Sekady and Bradley Laddusaw with The California Mortgage Association sit down and discuss...