SmartFI is a comprehensive tool you can use to manage your construction loan portfolio. This automated interactive system gives you and your borrowers greater accessibility to construction loan information.

Reporting for Examiners.

Regulators want you to document your construction loans with a variety of details. SmartFI helps you with this process by providing reports for:

• Percentage dollar amounts both committed and funded for custom and spec projects.
• Reports available by builder, branch, subdivision and street, allowing you to manage concentrations of credit.
• Draw history, inspections and work-in-progress reports are also available to help you show regulators you are managing your portfolio wisely.

Stronger Client Relationships.

You can allow your bank’s clients access to their individual information for report inspections, work-in-progress or draw requests. And, with secure access anytime, your client can access the information when it is most convenient for them while still allowing you to receive current updates. SmartFI also includes an “Economic Resources” tab so that you can provide clients economic information pertaining to their business or the local market — information they may not be able to get from other sources.

Productive Loan Officers.

Your loan officers will be able to spend their time on the credits that require the most attention, not on creating Excel spreadsheets or drafting work-in-progress memos.

Core System Integration.

SmartFI is able to integrate with downloads from your core system thereby keeping loan balances, draw history and other core system information current within SmartFi. Plus, we’ll help set up the integration with the core system.

Secure and Audited.

The data you input into SmartFI is hosted on secure servers by our own technology and hosting company BankOnIT, a leader in technology for the banking industry. Because BankOnIT has annual SAS70 Type II audits and oversight from Federal Banking Regulatory Authorities (a Federal Financial Institutions Examination Council Technology Service Provider exam is performed annually) you can be assured that your data will be safe. (See our Privacy Policy here for more details.)

The Easiest To Use.

Developed by experienced construction lenders, SmartFI has the features you would want if you were designing the software yourself. Bankers consistently tell us that the software is easy to understand and use. Should you have a suggestion to improve it, let us know! We regularly review suggestions to make SmartFI even better.

The Best Value in the Industry.

Since SmartFI is hosted online, support issues are greatly reduced – as long as you and your customers can get on the Internet, chances are good that you’ll be able to use our software. And because SmartFI has fewer support issues than hosting internally, we are able to price it competitively. SmartFI is available for you to license based upon the number of construction loans in your portfolio.