SiteLynx makes it easy for construction lenders to manage Construction Progress Monitoring Inspections (CPM) and Funds Control projects.
At a high level view, lenders will see a summary of their projects including amounts budgeted and requested, percent complete, and the current draw amount. Construction budget and project schedule tracking are some of the valuable features SiteLynx has to offer.
For more detail, lenders can click into a project to see all the draws including a quick link to the current draw, site photos, and all project files (such as Document & Cost Reviews or DCRs, contractor evaluations, construction drawings, past and current pay applications, change orders, permits, etc.).
The centralized location of information provides ease and efficiency for lender/client draw requests. Information can be accessed and tracked by multiple users which is critical for construction projects. The single cloud-based platform with no application program installation makes SiteLynx an incredibly easy and powerful tool for all users.