Builders Patch is a secure, cloud based platform for housing developers and lenders (banks, housing finance agencies, and syndicators) to manage and close their financing quickly, efficiently and accurately. We provide a fully integrated application to closing experience for both the financing institution and to developers. Additionally we offer analytics, deal and task management tools, data rooms, threaded chats, and investor memos to make quick financing decisions.

The US needs to build 20 million new units by the year 2030. We are 430,000 units short already. Builders Patch will create more housing quickly by speeding up the financing cycle for housing projects and by creating a robust ecosystem to support small community and non-profit developers and financing institutions. Affordable housing finance is complex, fragmented, and time-consuming. It takes anywhere between 6 to 8 months for a developer to acquire tax credits from housing agencies, and 3-4 months to get equity from sy...
Builders Patch is a secure, cloud based platform for housing developers and lenders (banks, housing finance agencies, and syndicators) to manage and close their financing quickly, efficiently and accurately. We provide a fully integrated application to closing experience for both the financing institution and to developers. Additionally we offer analytics, deal and task management tools, data rooms, threaded chats, and investor memos to make quick financing decisions.

The US needs to build 20 million new units by the year 2030. We are 430,000 units short already. Builders Patch will create more housing quickly by speeding up the financing cycle for housing projects and by creating a robust ecosystem to support small community and non-profit developers and financing institutions. Affordable housing finance is complex, fragmented, and time-consuming. It takes anywhere between 6 to 8 months for a developer to acquire tax credits from housing agencies, and 3-4 months to get equity from syndicators and debt financing from banks. We believe we can more than halve the time and resources needed to collate and underwrite these project construction loans. As a result, we will line up more housing projects for construction quickly. We bring much-needed transparency, speed, accuracy, accountability to the industry and empower the sector that is most invested in doing good, the community developers.
More information

Employees

Kanan Ajmera
Admin
Kanan Ajmera CEO Real estate development, finance, architecture