Case Study: Altra Federal Credit Union improves inspection and draw efficiency with Built

Altra Federal Credit Union cuts draw turnaround time by 50% with Built

Altra Federal Credit Union, a financial institution established in 1931, faced challenges managing its growing construction loan portfolio with inefficient manual systems. These processes, which relied on Excel spreadsheets and a core system, were time-consuming, prone to error, and created significant stress for its teams as loan volume increased.

To address this, Altra partnered with Built and implemented its digital construction lending platform. The solution provided a centralized system for real-time communication and documentation, along with digital draw management and inspection services. As a result, Built helped Altra cut its average inspection turnaround to just 1.5 days and reduce draw turnaround times by 50%, enabling the credit union to manage its portfolio more effectively and scale its business.

Altra Federal Credit Union