Technology
Technology-Enabled Loan Administration
KIRBI Systems is the workflow, reporting, and operating infrastructure supporting KIRBI Capital and related business operations.
KIRBI Systems provides an integrated framework for managing underwriting documentation, construction draws, inspections, compliance requirements, project milestones, loan balances, reimbursements, and capital-partner reporting.
Credit Thesis
Financial Infrastructure Meets Operating Infrastructure
The complexity of affordable-housing finance creates significant operational and documentation requirements. KIRBI Systems is not positioned as a standalone software product; it is part of KIRBI's risk-management and operating infrastructure.
KIRBI Capital provides the financial infrastructure. KIRBI Systems provides the operating infrastructure.
A common framework for managing
- Underwriting documents
- Sources and Uses
- Loan approvals
- Construction contracts
- Schedule of Values
- Draw requests
- Invoices
- Lien waivers
- Inspection status
- Section 3
- Labor compliance
- Environmental conditions
- Project milestones
- Loan balances
- Reimbursement submissions
- Public takeout milestones
- Permanent conversion
- Capital-partner reporting
Workflow
One record from origination through conversion
- 01
Origination
- 02
Underwriting
- 03
Closing
- 04
Construction
- 05
Draws
- 06
Inspections
- 07
Compliance
- 08
Reimbursement
- 09
Takeout
- 10
Permanent Conversion
Who It Serves
Standardized information for every participant
Capital Partners
Better visibility into underlying loan and project performance.
Developers
Clearer requirements and financing milestones.
Contractors
Standardized documentation and compliance workflows.
Public Agencies
More organized project documentation and reimbursement support.
Reporting Capabilities
Visibility for borrowers, agencies, and capital partners
- Project dashboards
- Funding status
- Construction progress
- Draw history
- Inspection status
- Compliance items
- Outstanding documentation
- Loan balances
- Takeout milestones
- Portfolio-level reporting
Infrastructure built for institutional reporting.
KIRBI Systems supports the KIRBI Capital platform as operating infrastructure.