The most efficient way to manage construction loans
Lite
Standard
Premium
Automatic document reading
Everything in Lite
Everything in Standard
Budget tracking
Configurable project rules and types
Commitments and contract tracking
Basic rules
Configurable reports
Cash flow projections
Branded experience
Invite 3rd parties
Need a custom solution?
Dedicated implementation manager, single sign on, customized project reports, integrations, manage multiple teams, and more.
Contact SalesCompare features by plan:
Lite
Standard
Premium
Portfolio Visibility
Configurable Budget Setup
Work with the line items and divisions in your existing budget— we know no two projects are the same.
Budget Adjustments
View all budget details in one place, including original budget, previous adjustment, current adjustments, and reallocations.
Retainage Management
Get transparency into current and cumulative retainage withheld by vendor and line item.
Configurable Reports & Views
Create configurable reports and views to quickly see the metrics most relevant to you and your team. Reports can be configured into an infinite number of variations.
Export to Excel or CSV
Easily export all Rabbet data to individual or bulk PDFs or spreadsheets.
Third Party Access
Coordinate with third-party construction loan monitor and inspectors.
Efficient Draw Management
Funding Source Allocation
Specify all project funding sources amounts, organizations and logic of use on the project. Rabbet automatically allocates costs based on pari passu or first/second/etc. logic.
Internal Draw Approval Tracking
Track internal approval workflows within Rabbet. This allows the ability to add notes, notifications, and alerts to easily coordinate amongst the team.
Lien Waiver Tracking
Reconcile conditional, unconditional, partial and final lien waivers quickly for both general contractors, subcontractors and vendors.
Automatic Invoice to Line-item Assignment
Rabbet learns where your documents go on your project and will automatically assign them to the relevant line item. I.e. the Architect invoice will be attached to the architecture line item.
Draw History / Automatic Rollover
View all historical draw data and automatically carry over information for reconciliation. This eliminates the need to maintain formulas and tabs in spreadsheets.
Document Classification
Rabbet automatically classifies documents into the individuals documents, i.e. invoice, lien release, etc. This allows you to keep all portfolio information organized and referenceable.
Document Data Extraction
Rabbet uses machine learning, AI, and OCR to digitize hundreds of documents in seconds. This reduces manual entry and makes more data accessible for risk monitoring.
Detailed Use Tracking
Indicate which funding sources can be used on which line items on the project. This provides a complete record of where each dollar went on the project.
Configurable Document Recognition
Train Rabbet to recognize custom document types that are unique to your organization such as cover sheets or invoice statements.
Contract and Agreement Tracking
Track project buyout with associated contracts, work orders, purchase orders, etc. at a vendor and line item level.
Risk Monitoring
Standard Automated Rules
Create month-by-month cost projections, graph your S-curve, and track budget to actuals.
Automated Alerts to Issues or Rule Violations
Get alerted in real time for missing documents, rule violations, reconciliation errors, and more.
Configurable Rules & Covenants
Configure custom rules based on your specific loan covenants and compliance requirements that are not included in our base rules configuration.
Cash Flow Projections
Track projected cash flows to actual cash flows over time. Ability to report on projected cash flows at the portfolio level.
Expert Guidance
Unlimited Users
Drive collaboration across your team with unlimited internal users.
Expert Support
Construction finance experts available by phone, email or in-app chat.
Knowledge Base
Extensive library of written, visual, and recorded content that documents functionality throughout Rabbet.
Live Webinars
Live interactive webinars offering deep dives into specific content and/or functionality.
Dedicated Training
Private training session with a construction finance expert to help you get the most from Rabbet.
Frequently Asked Questions
How is Rabbet different from other construction loan management software?
Other construction loan management software only organizes the construction loan management process. Rabbet actually reduces the number of time-consuming, error-prone steps while liberating powerful project information from disconnected spreadsheets and PDFs.
Do my borrowers have to use Rabbet?
No. Rabbet helps Lenders streamline workflow regardless of whether your borrowers use it.
How long does it take lenders to get up and running on Rabbet?
Our customer success team can help get your first loan in the platform in less than a week. No long technical implementations or development work needed. We work with you to establish a timeline to roll out Rabbet for your entire portfolio.
I already have spreadsheet macros and efficient processes, how can Rabbet help?
We love spreadsheets and macros too. We automatically extract information from your powerful spreadsheets and make it easy to access for everyone on your team. Never send a spreadsheet back and forth again or worry about data staying consistent each time it changes hands. Once uploaded, you can customize columns, sort fields and structure data directly within Rabbet.
Why did you build Rabbet?
In the US, contractors finance more than 54 days of accounts receivables on average — the longest of any industry. This is an undue burden on small businesses and an untapped opportunity for lenders. Rabbet works to speed construction loan funding to benefit everyone involved in construction financing.
Increase Productivity. Improve Collaboration. Gain Visibility.
- 50% less data entry
- 75% less time managing documents
- 1 place to track everything
