Built Technologies

Step 1: Subcontractor submits invoice and lien waiver through the Built platform.

Step 2: Project manager reviews and approves the invoice within the platform.

Step 3: The system automatically verifies compliance and generates a draw request.

Step 4: Lender receives the draw request, reviews documentation, and approves payment through Built.

Step 1: Upload project budget into Built, including line items and associated costs.

Step 2: Track expenses and invoices against the budget in real-time.

Step 3: Generate automated budget reports and variance analysis.

Step 4: Receive alerts for potential cost overruns or budget deviations.

Step 1: Generate lien waivers within the Built platform.

Step 2: Send lien waivers to subcontractors electronically.

Step 3: Subcontractors sign and return lien waivers through the platform.

Step 4: Automatically track and store lien waivers for compliance purposes.

Step 1: Input all loan data into Built, including project details and financial information.

Step 2: Use Built's risk assessment tools to identify potential issues.

Step 3: Set up alerts for projects that exceed budget or fall behind schedule.

Step 4: Monitor key performance indicators (KPIs) and address risks proactively.

Step 1: Invite all stakeholders to the Built platform.

Step 2: Use the platform to share documents, communicate updates, and track progress.

Step 3: Conduct virtual site inspections and document findings.

Step 4: Resolve issues collaboratively within the platform to ensure project success.