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First National Bank of Middle Tennessee Deploys Built Technologies to Enhance Construction Lending

Posted by Built Team on Jul 31, 2018 2:56:09 PM

Nashville, TN, McMinnville, TN – July 31, 2018  First National Bank of Middle Tennessee (FNBMT) has a new construction lending experience after implementing Built Technologies for loan administration. Built is a national company, also headquartered in Tennessee, that provides a digital platform that simplifies loan management for banks and borrowers.

FNBMT customers will be able to collaborate with their loan officers, construction inspectors and builders in an online portal for faster draw requests and more transparency. Loan disbursements can be requested online and fulfilled faster, for a far better overall experience.

By bringing the construction loan experience into the digital age, on par with the way most consumers are using online banking, these in-demand loans are better for all parties involved.

“Our mission is to be the premier community bank in the markets we serve,” said Katie Bennett, Senior Vice President, Commercial Lending. “Our communities are growing quickly and construction loans are an essential part of the economy. We’re excited to make them much easier for borrowers and builders with Built’s technology.”

“First National Bank of Middle Tennessee is well-known for investing in the communities they serve,” said Chase Gilbert, CEO of Built Technologies. “Their customer care and dedication to the best experience for their customers and staff is admirable, and it’s great to see a bank with the long tradition and history of FNBMT continue to expand services through technology.”

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Topics: Construction Lending, Technology, FinTech, Digital Draw Management

Built is an enterprise technology company focused on making construction lending simple and safe. Built's web-based collaboration software brings the draw management process online and helps reduce construction loan risk, increase loan profitability, transform the borrower experience, and simplify compliance. Built serves small, regional and national lenders coast-to-coast.

To find out more visit www.getbuilt.com, join Built Technologies on LinkedIn or follow Built on Twitter at @BuiltTechnology.

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