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ABA: The American Bankers Association

ECL Software

Silver Associate Member Member Since July 2016

ecl software
ecl software FUND CONTROL is a customizable construction fund disbursement and risk management solution. It’s used by banks, mortgage companies, and other construction lending institutions and servicers throughout the United States. Fund Control manages all aspects of budgeting, disbursing, and inspecting for all types of construction projects, while minimizing risks.

Partial List of Features:
• Multiple Fund Sources.
• Participating Lenders.
• Sub Notes or Projects.
• Tracking original Budget, reallocations and budget changes.
• Voucher and/or Draw disbursement methods.
• Inspection Requests/ Recording of images and documents.
• Generating and managing multitude documents:
General Correspondences
o Notices
o Endorsements
o Governmental Forms
o Lien Waivers & Releases
o Preliminary Notices
o 1099’s
• User Definable Notifications
• User Definable Risk Factors to identify risk in real time.
• Concentration Reporting
• Web collaboration for borrowers, inspectors, contractors and all other stakeholders.
• Custom and User definable reporting capabilities.

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