Better Bankers.
Better Banks.

Creating Banking Products For The Future

For the banking industry, our digital and mobile products generate new fee income, attract deposits, and create loan volume. We strengthen community-oriented financial institutions with state-of-the-art technology that enhances in-market relationship banking. Efficiencies naturally result from cloud-based, mobile first approaches.

Construct

Increase draw interest income, enhance the borrower experience, and mitigate risk in the construction lending process. This award-winning solution can put automated workflows, detailed reporting, and thorough audit trails in the palm of your hand and be more efficient in the process.

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+Pay

Generate additional fee income and reduce your risk; +Pay seamlessly integrates with Construct to automate the payment stream between builders and subcontractors, making it faster and easier to process transactions.

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Participate

Participate is a single platform to manage all loan participations, existing or new, bought or sold. It allows originators and participants to digitize and share loan documents, automate workflow, and create a network of trading partners.

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OREO

BankLab’s OREO is the world’s first mobile, cloud-based OREO platform that manages the complete lifecycle, allowing any user quick, convenient access to carrying costs, property details and overseeing the life of the property.

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Ready to be a better banker? Differentiate from your competition.

“Way easier than other banks – we are going to start moving more business to you.”

BuilderOklahoma

“It’s important for us to create convenience not only for our clients, but for their clients as well [such as subcontractors] and give them quicker and more convenient access to funds.”

Countryside Bank

“Construction loans are typically seen as the largest risk to a bank's portfolio. Anything that makes these loans less risky is a huge benefit. Since implementing BankLabs' automation software, the bank has sped up the lending process and reduced errors. Previously, a draw from a loan involved multiple people cross-referencing spreadsheets and could take as long as three days. Now, we have completely eliminated the use of spreadsheets and the draw process has become virtually instantaneous. The time spent communicating with borrowers and builders has also been significantly reduced because they can both log on and see all of their respective loans in one spot. They can also be notified of inspections and request draws online rather than via phone or email.”

Lexie GarrisonChief Credit Officer at Valliance Bank

Innovation & Insight

Loan Participations Uncategorized
April 22, 2021

Loan Participation Automation and Balance Sheet Management

We had a great time learning about the latest and greatest in the CDFI world at the NCIF conference this week. BankLabs was invited to discuss our loan participation software…
Construction Loan Automation helps increase draw incom Uncategorized
April 13, 2021

Loan profits increase in 2020 according to MBA report

The average profit on each loan originated in 2020 was up significantly compared to the average profit in 2019. Construction loan automation streamlines the loan process, resulting in quicker turnaround.…
construction employment graph Article
March 18, 2021

5 Charts that Summarizes Construction during 1 year of Covid-19

This month marks one year since Covid-19 changed the construction industry, and the world, forever. Boston was amount the first metro areas to issue a stop work order, others were…

Want To Learn More?

Looking for a partner to help you deploy the banking products for the future? We’re here to help. Contact us today to learn more about any of our products or to schedule a demo.