#United States #Palo Alto #MightyBot #Built #Draw Agent

Transforming Lending with AI

In a groundbreaking development in the financial technology sector, MightyBot, a leading policy-driven agentic AI platform, has partnered with Built, a specialized financial operations platform tailored for the real estate and construction industries. This collaboration has birthed the Draw Agent, which sets a new standard for construction lending through its autonomous capabilities, vastly improving efficiency and precision.

A New Frontier in Lending Operations

On November 4, 2025, the partnership was announced, showcasing how the Draw Agent will drastically transform the traditionally manual processes involved in loan draw operations. Historically, the loan draw process for construction has been fraught with challenges like inefficiencies and risks due to human error. The introduction of the agentic AI offers a promising solution to these hurdles.

With an impressive 99% accuracy in executing loan draws and a remarkable 20 times faster processing, Draw Agent represents a monumental leap towards more intelligent financial workflows. According to the CEO of MightyBot, John Forrester, this new technology provides not just a functional advantage but also creates a vital competitive edge for businesses operating in high-stakes environments where compliance and auditability are paramount.

How Draw Agent Operates

The Draw Agent utilizes MightyBot’s robust platform to automate intricate workflows that comply with strict regulatory standards. The automation system facilitates:

• - Policy-driven Execution: Ensuring strict adherence to lender requirements throughout the process.
• - Human-in-the-loop Features: Allowing for oversight and decision-making capabilities where necessary.
• - Integrated Auditability and Explainability: This ensures every transaction is transparent and can be traced back for compliance purposes.
• - Scalability: Seamlessly integrating with existing systems already in use by financial institutions.

The reality is that traditional methods of loan processing are simply not fast or accurate enough to meet today's demands. Built's partnership with MightyBot directly addresses critical bottlenecks in construction finance, particularly loan draw processing. With Draw Agent, clients can expect much quicker disbursement of funds—potentially cutting down the time from borrower request to funding by 30-60%.

Results So Far

The pilot applications of Draw Agent have yielded significant results:

• - A 95% reduction in time spent on draw reviews, often completing in as little as 3 minutes.
• - Detection of 400% more risks when compared to traditional, human-led reviews.
• - Complete policy adherence, bolstered by well-documented audit trails that meet compliance assuredly.

As Thomas Schlegel, VP of Engineering at Built, points out, the integration of MightyBot's technology has been seamless, augmenting their existing capabilities without any major disruptions. Built has managed to market this powerful tool in a matter of weeks instead of years, setting a remarkable precedent for future developments in financial technology.

The Path Forward

The Draw Agent launch represents not only a technical achievement but also a pivotal shift towards embracing AI-powered solutions in complex financial ecosystems. Financial institutions across various sectors are increasingly recognizing the necessity to adopt such innovative platforms to ensure efficiency and compliance in operations.

As global economies evolve, reliance on cutting-edge technology like MightyBot's will likely define the future of financial operations, bolstered by a commitment to harnessing the full potential of AI. As companies strive to maintain competitive positioning in an AI-driven landscape, MightyBot offers a unique advantage through its fidelity to policy-driven execution and innovation in automating workflows.

In conclusion, the collaboration between MightyBot and Built exemplifies the transformative potential of agentic AI in revolutionizing lending practices. As the landscape continues to change, this partnership paves the way for enhanced operational efficiencies that benefit construction finance and beyond.