Built Technologies raises capital to tackle construction lending

Goldman Sachs plans to help Built Technologies by streamlining its current loan process in place. Through this initiative, a more transparent and effective platform will emerge. New Plans. The recent round of funding it attained, Built plans to further enhance and develop its construction lending platform.

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Built Technologies, a Nashville based startup, just raised a series B round of $31M led by Goldman Sachs. "We started Built with the desire to bring modern technology and risk management to an area of lending that has been underserved for too long," said Chase Gilbert, CEO and co-founder at Built.

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The Construction Industry's Lending Catch-22. sub-contractors and suppliers, while payments also face additional friction. Chase Gilbert, CEO of construction FinTech firm Built Technologies, told. contractors don't have the working capital in their bank account to pay. CRM Startup Pico Raises $4.5M.

As a growth company we’re committed to our people-first culture and continue to invest in financial technology. of assume similar mix of loans going forward or whatever, but just, as you, how.

According to LaSalle Investment Management’s new 2015 Investment strategy annual (isa) report, money will continue to flow into real estate from across the capital markets worldwide. linked to.

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.

Built Technologies Raises $21 Million Series A to Transform Construction Lending Industry Funding led by Index Ventures will enable construction lending innovator to capitalize on accelerated.

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Funding led by Index Ventures will enable construction lending innovator to. November 15, 2017 10:29 ET | Source: Built Technologies. “I think the best enterprise software ideas help a business solve a nettlesome.

Goldman Sachs has pumped millions into Built Technologies, the five-year-old local company that markets software automating the construction lending process, as part of an investment round that.

Built Technologies raises capital to tackle construction lending Built Technologies successfully completed a capital raise, enabling the three-year company to expand its software offerings for both commercial and residential construction lenders.

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