Case Study: SouthState Bank grows its construction lending portfolio with Abrigo Construct

SouthState Bank grows construction lending 1,800% with Abrigo

SouthState Bank, a rapidly-growing financial institution, needed a modern and mobile solution to efficiently scale and standardize its construction lending process. The bank sought construction lending software from vendor Abrigo to improve efficiency, consistency, and the borrower experience while reducing risk.

By implementing Abrigo Construct, the bank completely automated its loan administration, inspection, and draw process. The cloud-based platform provided real-time reporting and a standardized process with risk mitigation tools. As a result, SouthState Bank saw a 1,800% increase in total construction lending, growing that portfolio from 2% to 22% of its total assets.

SouthState Bank