Fall Release Recap: What’s New in Construction Loan Administration+

Introducing a smarter, more connected draw management experience powered by AI and built for collaboration. These updates streamline draw processing, strengthen compliance, and give lenders deeper visibility across every project.

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Simplify Draw Reviews with Intelligent Draw Builder

Use AI to automatically split, classify, and extract data from draw packages, eliminating manual sorting and data entry. This enhancement speeds up approvals, reduces errors, and frees teams to focus on reviews instead of reconciliation.

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Centralize Operations with the Draw Management Homepage

Access a single, intelligent hub for draw intake, validation, and approvals. The new Draw Management Homepage unifies visibility across projects, helps enforce documentation standards, and streamlines collaboration among internal teams and external stakeholders.

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Work Smarter with Enhanced AI Reporting Tools

The latest reporting updates introduce AI-powered chart explanations and formula assistance to simplify report building and data analysis. Users can instantly generate insights and write complex formulas with confidence.

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Generate Order Summaries Automatically

AI compiles clear, lender-ready summaries of inspection orders, capturing project status, budget progress, and key dates, so teams can quickly review the most important information without digging through lengthy documentation.

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Automate Order Fulfillment

Automatically extracts structured data from uploaded report files to pre-fill Order Forms, reducing manual entry and increasing consistency across vendor submissions.

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Create Inspection Orders Directly from Draws

Inspections Order Requests can now be created within the draw workflow, reducing manual work and ensuring consistent, scalable, and error-free order management.

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Schedule Orders Based on Time-Based Events

Schedule any order type to be triggered automatically by time-based events, streamlining due diligence ordering and ensuring consistent oversight.

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Track Key Dates More Accurately with Maturity & Extension Enhancements

New calculated maturity dates dynamically adjust based on initial terms and extension sequences. This update improves reporting accuracy and ensures loan tracking stays aligned across Built.

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Manage Users More Efficiently

User management has been redesigned with clearer authentication statuses, bulk actions, and self-service tools for activating or deactivating users. These updates reduce dependency on Built support and improve operational control.

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Archive Draws to Maintain Clean, Compliant Workflows

Archive unsubmitted or erroneous draws to declutter active workflows while preserving audit traceability. Archived draws are clearly labeled for easy visibility and compliance assurance.

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Enhance Efficiency with the New Funding Source Edit/View Form

The updated Funding Source form expands supported data fields to include Call Protection, Prepayment, and Risk & Credit Classification.

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Streamline Disbursements with Source-to-Source Mapping

Automatically generate draft disbursements based on Auto-Balance allocations, maintaining a clear link between funding sources and disbursed amounts (e.g., Obligation ID, Equity) for improved accuracy and transparency.

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Resolve Draw Issues Faster with Improved Error States

New inline alerts, standardized toolbars, and familiar status interactions help users quickly identify issues, access key funding data, and take corrective action confidently.

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Collaborate Seamlessly with File Sharing Enhancements

Dropbox-style file sharing is now available directly within CLA+ and the CLA+ Borrower Portal. Users can upload, organize, and manage files in shared folders, making it easier for lenders, borrowers, and vendors to collaborate without version confusion.

Experience Improved Platform Performance

Foundational performance improvements enhance responsiveness across draw and reporting workflows, delivering a faster, smoother experience for all users.