Although there are plenty, the best thing human beings have known since the beginning of time is to grow on a consistent basis. This progressive approach, on our part, has already got the world to hit upon some huge milestones, with technology appearing as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its ski-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence, and consequentially, kickstarted a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the right goods. The same has grown increasingly evident over the recent past, and assuming one new fintech-themed development shakes out just like we envision, it will only make that trend bigger and better moving forward.

Lev, the digital financing platform for commercial real estate, has officially launched a brand-new product in Lev AI, which comprises of various ingenious features that will be made available across the company’s recently-launched debt financing marketplace, Lev Match. Owing to the stated update, users can now, for instance, leverage a solution like Deal Room AI, a first-of-its-kind tool that automates the creation of digital deal materials. You see, the tool effectively takes into account a sponsor’s existing documents, documents that can range from an underwriting model and investment sales memorandum through to basic property information and a couple of descriptive sentences. Anyway, once the relevant information is in, Deal Room is able to create a complete set of deal materials without any delay whatsoever. The incentive to use such a product, like you might have guessed by now, is the way it helps borrowers save substantial amount of their time, while simultaneously empowering lenders to receive well-formatted information throughout the proceedings so to speed up the financing process.

“The most high-quality sponsors want to spend time finding the right deals and executing on their business plans; they don’t want to spend time writing market summaries for lenders to review,” said Yaakov Zar, co-founder and CEO of Lev. “Deal Room AI takes the data borrowers already have and uses it to instantly create a complete package of materials. It’s a huge time saver and ensures borrowers increase their ability to secure favorable terms.”

Then, after a deal has been launched, users can rely upon another Lev’s brainchild in Ask AI. Ask AI works by using deal documents and third-party data sources to answer user questions in real-time. However, in the case tool is unable to locate a fitting answer, it will automatically generate messages for them to be sent to the sponsor.

Talk about Lev Match, it is a platform meant to eliminate any friction from the financing process and deliver better outcomes for borrowers and lenders. In borrowers’ case, the marketplace springs up instant access to lending programs from thousands of national and regional lenders. This access allows borrowers to view detailed profiles that spotlight the best-fit lenders for specific deals and financing requirements. Lev Match also has on the offer these templates that can help you build compelling digital deal books before collecting and negotiating term sheets directly from within the product. As important is, the stated marketplace doesn’t just focus on transactions, considering it also enables the borrower to foster new lender relationships through its comprehensive search functionality and a dedicated lender communications hub.

Moving on to what Lev Match brings for the lenders, it primarily constructs a powerful marketing tool to aid their case. On a granular level, lenders can easily manage their profiles and current program availability to build direct interpersonal relationships, and generate deal flow only from highly curated and qualified borrowers who match their specific lending criteria in the first place. Complimenting the same are in-depth borrower profiles and SREOS that provide deeper transparency to lenders for the purpose of better supporting their financial decisions.  Lastly, lenders are also given a chance to use other Lev’s tools to form rates and program availability in line with the wider financial landscape.

“Lev Match has taken old, established debt financing workflows and turned them on their head. The platform is easy to use, highly effective, and has changed the way we go about financing our deals,” said Ray Heimann, CEO of Terra Capital.