Loan management doesn’t have to be time-consuming or costly.
The draw administration process doesn’t have to be cumbersome. Built simplifies draw and budget management process to help your team save time and money so you can focus on what matters most: helping your borrowers and builders and building business.
Gain clarity & control over your draw process.
- Leverage customizable budget and draw templates that you can create and re-use on multiple projects.
- Immediately see a draw’s status and receive notifications when action is required.
- Receive insights into trends and potential risks at the project and portfolio levels.
Keep projects running on time & on budget.
- Automatically calculate budget items and collateral values that update with every draw.
- Track budget changes and adjustments to ensure that you’re allocating funding appropriately.
- Centralize critical budget details so all stakeholders can easily access them.
Provide the digital experience borrowers expect.
- Access a collaborative environment for internal employee workflows and external borrower, builder, and inspector communications.
- Customize user permissions to ensure secure access to role-specific information.
- Allow borrowers to view relevant project data and digitally request draws so they can keep a pulse on their project.