Built 2021 | Year in Review

As 2021 comes to an end, we are incredibly grateful for the ways that we have grown this year. Rapid growth is not always easy—but the ability to make meaningful changes to the way our partners get to build the world around us is a reminder that we must continue to build better solutions.

We’re creating solutions to continue to maximize your productivity so that you can focus on improving your customers’ experience. From the introduction of Built Pay to features like MGLOCs and borrowing base, 2021 has been full of improvements that are designed with the entire construction ecosystem in mind. Though switching to a digital model can be challenging for some, you’ve adapted with ease. Every stakeholder in the construction process deserves transparency—and to get the funding you need when you need it. Leveraging a digital solution for everything from lien monitoring to payments ensures that you’re able to do just that.

You’ve had a busy year. From lending to spending, we’re discovering that there are many opportunities to improve the entire construction finance ecosystem. As you transform the communities around us, we’re here to help every step of the way. See just how busy our customers were this year:

And, it’s clear that the best is yet to come. While the new and improved Built Pay has only been live for a month, we’ve seen impressive payment volume since the inception of Built Pay—and we’re looking forward to seeing how this number grows in 2022:

So, we want to close by saying thank you. The tremendous growth we’ve experienced this year would not be possible without you. Looking toward 2022, we’re determined to continue providing value to you every step of the way. We’re pausing to reflect upon the successes of 2021, but remembering that what lies ahead is a challenge even greater and more exciting than what we’ve done so far. Cheers to 2022—and happy new year!