Real Estate Marketing & Beyond
Raisal, a fintech startup recently announced that their proprietary SaaS cloud-based service, Raisal.com, has been successfully engaged to facilitate several hundred million dollars in commercial loan transactions since its launch in January of this year.
The company is disrupting a multi-trillion dollar industry through a technology platform using smart matching algorithms that efficiently aligns borrowers with lenders, speeding up the velocity of transactions. According to Real Capital Analytics, the U.S. based CRE industry has seen sales exceeding $500 billion annually during the past few years, with expectations that these results will continue into the future. In spite of these growth levels, the industry has been plagued with inefficient and disjointed processes that have often increased costs, delayed critical funding and in many cases have obstructed viable projects.
Raisal.com seeks to solve these issues by providing a centralized and transparent marketplace where borrowers, lenders, mortgage brokers and real estate agents can quickly and efficiently share critical information. This enables commercial property loan transactions to be completed in a timely and hassle-free manner.
Lenders gain the ability to identify genuine and prequalified loan opportunities. This allows processes to be streamlined and profitability is increased. Borrowers are able to submit a loan request and relevant financial documentation to the secure platform to get connected with multiple lenders who match their needs. Offers are displayed side-by-side allowing for easy comparisons and borrowers have the ability to negotiate directly with their preferred lender through the platform. CRE advisors are able to provide clients with an all in one solution, identifying qualified lenders and obtaining competitive terms so the funding process is streamlined and simplified. As a result deals are completed more quickly leaving CRE advisors more time to grow their business. Mortgage brokers are able to gain the benefits of obtaining a virtual online financing platform without incurring start-up costs, ongoing monthly overheads and the need for personnel to support the system. All the documents and processes inherent in the CRT funding process are centralized, enabling brokers to complete deals more quickly.
Joshua E. Young, Raisal founder and CEO said “Despite tremendous technological advances in recent years, the commercial real estate lending environment has remained tough to navigate and highly inefficient, lacking a centralized marketplace where lenders, borrowers and advisors could come together to complete transactions in a simplified, cost-effective manner. Our revenue growth and the market’s reception to our platform validates that this is the future. We believe the Raisal marketplace will transform the CRE industry and set a new standard for how commercial real estate is funded.”
