The iBUILD® Lender Module ensures that construction loan funds are being used for their intended purpose; loan disbursements are based on 2-party authentication and geo-verified photos of completed work.
With iBUILD, lenders are able to:
- Manage a limitless number of projects
- Ensure loans are backed by a completed asset
- Utilize a geo-locator map of all loan project sites (with customized filters)
- Customize software for unique process and requirements
- Remote approval of disbursement requests
- De-risk the loan portfolio through accountability and transparency of all downstream transactions
- Access new customers
- Chat directly to project stakeholders
- Support customers with access to contractor and supplier bids, budgeting and payment tools, via integrated mobile app
- Access real-time data & analytics for impact reporting