Abrigo’s construction loan administration solution lets banks and credit unions manage the lending process for residential and commercial construction projects from any mobile device or computer. It eliminates complicated tracking in spreadsheets and paper files, improves productivity and draw interest, and identifies potential risks.
Lending and Credit Risk
- Community Lending
- Commercial Lending Software
- Consumer Lending Software
- Small Business Lending Software
- Construction Lending
- Credit Risk Software
Get updates from Abrigo
SubscribeKeep Me Informed
Stay up-to-date on industry knowledge and solutions from Abrigo.
Construction loan automation solution
Boost efficiency and draw income for construction loans.
Improve tracking
Add draw interest income, enhance the borrower experience, and mitigate risk in the construction lending process with Abrigo’s latest solution, Construct. This award-winning software automates workflows, detailed reporting, and audit trails for residential and commercial construction.
See Abrigo Construct in action
Features and functionality of construction loan management software
Simplify your construction loan process with a mobile, easy-to-use automated tool.
Automated workflows
Accelerate construction loan administration with flexible and adaptable workflows.
Detailed reporting
Get an in-depth audit trail, real-time reporting, and construction lending intelligence across your portfolio.
-
Automated calculations
Reduce the risk of data entry errors by quickly calculating remaining budgets.
-
Mobile inspections
Quickly provide staff with the information needed to fund a draw request.
-
At-risk loan alerts
Identify at-risk construction loans faster and decrease the risk of overfunding.
Abrigo Construct is a leading construction loan automation solution, with $70 billion in construction loans managed by 160+ lender clients on nearly 100,000 projects.
Get a demoAdvantages of construction loan management software
Speed up construction lending while mitigating the risk of overfunding projects.
Construction loans can be among the riskier loan types in a portfolio without proper management and monitoring, but the tedious, manual process many financial institutions use hurts efficiency. Abrigo’s construction loan administration software centralizes information and streamlines tracking, leading to a healthy and growing portfolio.
Grow draw income 8-12%
Keep the funding cycle moving by helping inspectors submit draw requests from the worksite and utilizing notifications and automated workflows.
Increase efficiency by 50%
Eliminate spreadsheets from the draw process and streamline budget setup. Automated calculations, alerts, and digital approvals increase bandwidth for staff.
Mitigate risk
Real-time reporting, alerts, and detailed audit trails keep financial institutions better informed and more protected than manual, spreadsheet-based processes.
Better borrower experience
Improve your business relationships by offering a mobile tool to borrowers, builders, and inspectors. You control who has access to the system and what they can see.
"Construct includes everything that we need to upload all the draw requests, invoices, and lien waivers for each project. And by allowing inspectors to enter their notes directly into each project, Construct makes the inspection process, which was one of the most time-consuming parts of the manual process, feel easy."
Read the success storyIntegrated systems with Abrigo
Automate construction payment
processing and reporting.
Construction
payment platform
Construct +Pay automates construction payment streams for any builder, general contractor, or financial institution that pays subcontractors. Accessible from any device, the solution improves efficiency by 50%, streamlines payments to subcontractors, and automates 1099 and project reporting.
Get a demo