Construction loans are fundamentally different from standard credit products. After approval, capital is deployed in stages and must be continuously verified, reconciled, and audited. Each loan generates dozens of post-close events: draw requests, inspections, change orders, lien releases, exceptions, and approvals.
Today, lenders face:
Spreadsheets, inboxes, and PDFs do not scale to this reality. It has become a hard constraint on growth.
Whether lenders sell loans, finance them via warehouse lines, or hold them on balance sheet, external scrutiny has increased materially.
Warehouse lenders, loan buyers, and auditors increasingly expect:
Construction loans fail diligence not because of credit decisions, but because execution cannot be proven without manual reconstruction. This raises the cost of capital, slows liquidity, and limits lender scale.
The market now requires execution-grade data, not static closing packages.
Construction lending scales poorly under manual processes. Each additional loan creates a long tail of future work. To grow originations, lenders are forced to grow headcount linearly across processors, draw admins, managers, and compliance staff.
At current labor costs and turnover rates, this model is breaking: