Mark your calendars! Join us November 7, 2024, at 2 p.m. Eastern for an informative session featuring a panel of industry leaders discussing the impact of payment delays on developers, contractors, and lenders. If you've seen any of our posts this past week regarding the 2024 Construction Payments Report, you've learned that slow payments cost the U.S. construction industry $280 billion this year alone. Want to know how that cost translates into the impact on real estate developers and construction lenders? Register today! https://lnkd.in/gSrmxFTw #ConstructionIndustry #RealEstateDevelopment #Webinar #SaveTheDate #ConstructionFinance
Rabbet
Software Development
Austin, TX 2,929 followers
Accelerate your construction finance process.
About us
Rabbet accelerates your construction finance process by eliminating inefficiencies, reducing errors, and helping you scale your projects with intelligent financial management software. Today, construction finance information is trapped in disconnected spreadsheets, PDFs, and emails, creating unnecessarily manual processes. Without a standardized information exchange, construction financing is slow, inefficient, and siloed. Offering a solution for real estate developers and construction lenders, Rabbet is the only construction finance platform that parses documents and connects information for reduced administrative burden and faster funding.
- Website
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http://rabbet.com
External link for Rabbet
- Industry
- Software Development
- Company size
- 11-50 employees
- Headquarters
- Austin, TX
- Type
- Privately Held
- Founded
- 2017
- Specialties
- Finance software, Construction management software, and CRE software
Locations
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Primary
Austin, TX 78752, US
Employees at Rabbet
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KP Reddy
Venture Capitalist and Advisor to Execs of the ENR 500 and the firms that aspire to be. Investing capital and time into entrepreneurs and leaders…
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Andrew Latimer
Product-focused Engineering Leader
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🏗️ Vince Heaton
VP of Sales, Rabbet | Connecting the Construction Economy
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R William M.
CEO @ Rabbet | Intelligent Real Estate Investment Solutions for CRE | Follow Me for Real Estate and Startup Insights
Updates
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Construction loan administrators: Tired of siloed data and manual work in Excel? It's time to upgrade your toolkit! Check out our infographic that compares the benefits that automation brings to your workday versus the tedium of manual processes. https://lnkd.in/g4Bnk6ZY #automation #constructionlending
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Nearly all general contractors and the majority of subcontractors are now floating payments to keep projects going. What does that mean for developers and lenders? Delayed payments aren't just an inconvenience—they're a financial liability. Discover the full story in our 2024 Construction Payments Report. Download here: https://lnkd.in/g-fPwaNY \#ConstructionLending \#ProjectManagement \#Contractors
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Outdated spreadsheets and scattered data making it hard to effectively manage your real estate development portfolio? Real estate development leaders are shifting to digital solutions that offer instant access, real-time accuracy, and total transparency for managing portfolios. Learn how the right software can help you streamline operations, improve communication with equity partners, and keep projects on track. Read more in our latest blog 👉 https://lnkd.in/g9bbwBzQ #RealEstateDevelopment #PortfolioManagement #ConstructionFinance #ProjectVisibility
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Our customers rated Rabbet's support team as flawless this past quarter, an incredible achievement compared to the industry average of 78% for SaaS companies. This 100% CSAT score reflects our team's dedication to delivering world-class service that not only resolves problems but anticipates your needs, helping you maximize value and gives you peace of mind in your investment. With Rabbet, you can focus on your business, knowing expert help is always just a call, chat, or email away. Shout out to Tom M. and Tim Preston, CSM®, CSPO®, SA for the amazing focus on our customers!
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$280 billion. This alarming figure represents more than just wasted money for the U.S. construction industry in one year alone—it highlights a growing crisis that's disrupting project timelines, straining relationships between contractors, developers, and lenders, and driving up costs across the board. For contractors, these delays equal financial strain—forcing them to tap into personal funds just to keep projects moving. Developers are seeing bids rise as contractors factor in longer waits for payment. And lenders? They're watching project risk increase as delays threaten deadlines and profitability. But here's the good news: there are actionable solutions. Our latest blog post uncovers key findings from the 2024 Construction Payments Report and offers strategies to help developers and lenders get ahead of this crisis. Read the full post to discover how you can take control and make 2025 your most efficient year yet. https://lnkd.in/eGe7wyaM #constructionindustry #slowpayments #realestatedevelopment #projectmanagement #financialefficiency
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$280 billion. That's how much slow payments are costing the U.S. construction industry in 2024 alone. It's not just about the dollars—it's about project delays, strained relationships, and financial instability. Curious how this impacts your bottom line? 👉 Download the full 2024 Construction Payments Report to find out: https://lnkd.in/g-fPwaNY #ConstructionFinance #RealEstateDevelopment
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FD Stonewater transformed their accounting and development processes by partnering with Rabbet. By centralizing project their project data, they: - Eliminated the need for outsourced accounting, - Automated manual tasks, and - Improved collaboration between finance and development teams. With these improvements, FD Stonewater saved time, reduced costs, and delivered better outcomes for their equity partners. Curious how Rabbet can do the same for your team? Read the full story here: https://lnkd.in/gWUcb9T5 #CRE #RealEstateDevelopment #automation #CREfinance
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Watch this space!! Our 2024 Construction Payments Report is almost here, revealing critical insights into how slow payments are costing the U.S. construction industry billions. You won't want to miss the key data, trends, and strategies to help your business thrive in 2025. Stay tuned for the release on October 1—you might want to give us a follow to ensure you don't miss out! #ConstructionIndustry #PaymentsReport #RealEstateDevelopment #ConstructionFinance
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Is your lending team still relying on outdated spreadsheets and endless document reviews? Learn how automation and centralization can streamline your operations, cut down on errors, and keep your institution compliant. Don't wait—find out more in our new blog: https://lnkd.in/gXmFvHua #LendingSolutions #Automation #Efficiency #ConstructionFinance