Built Technologies raises capital to tackle construction lending

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Built construction lending technology company raises $21 million. Built, led by ceo chase gilbert , was created in 2014 to streamline the process of financing housing and commercial construction. Goldman Sachs plans to help Built Technologies by streamlining its current loan process in place.

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In 2014 we set out to help banks and other lenders improve the way construction lending works with technology. After first-hand experience with the frustrations of managing residential, commercial, and land development construction loans, we knew that modern technology had to be introduced to improve this complex area of lending.

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People in neighborhoods with lower scores around 700 were still likely to qualify for loans, but were. Recreation areas were built, streets were lit and sidewalks were extended and lined with trees.

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Built Technologies, Inc. develops a cloud based construction loan administration and draw management platform. The product offers file management, custom draw workflows, reporting and risk.

Construction Finance Solution company built technologies raises million photo credit: Built Technologies Built Technologies, a Nashville, Tennessee-based construction lending software company, announced it has raised $31 million in Series B funding led by Goldman Sachs Investment Partners.

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