Hilltop Credit Partners “reboots” real estate funding and management with launch of credit stream platform

The pioneering platform is designed to help borrowers access capital efficiently, and at scale, allow cross collaboration between internal and external teams and provide direct dialogue throughout the whole process. Borrowers simply sign up online and complete the 3-stage application process – which can take as little as 48 hours to complete – for development loans of between £5 million & £100 million pounds. Built with efficiency as a core objective, the platform was designed and engineered by experts in technology, real estate, private equity, and credit.

Automating the KYC/KYB/AML and document management process, Credit Stream allows developers to access funds up to 3X faster than the traditional process and control the timeline. Blending technology with clear communication and collaboration; the platform allows Hilltop Credit Partners to fully onboard borrowers, manage the underwriting process and monitor development updates, project monitoring and spending in real-time. Borrowers can allow collaborators to have access to share portfolio deals, and repeat borrowers can get funded in under 4 weeks by using the platform for multiple real-time projects.

The platform has been developed following the appointment of Chief Technology Officer (CTO), Justin Galvin. Bringing a wealth of experience, Galvin began his career in New York City creating the award-winning software development company Wddg, and has since worked for leading companies such as The NFL, MTV, Oppenheimer Funds, CottonCo and Publicis group.

Paul Oberschneider, CEO of Hilltop Credit Partners said: “We recognised the importance of investing in Fintech to streamline the underwriting process and evolve with modern ways of working without removing the human element. Real estate as an asset class is still very heavy in terms of underwriting, however, technology and AI are rapidly advancing to change this. We want to be at the forefront of this evolution to bring digital capabilities together with hands-on interaction and transparent communication, and believe Credit Stream will help us achieve this.”

Justin Galvin, CTO at Hilltop Credit Partners added: “We knew early on we had to go beyond a basic loan application for developers to innovate in the portfolio management space. Developing the technology to provide an unrivalled service, we focused the Credit Stream customer experience on existing borrowers to nurture an environment for long-term partnerships and increased capital investment.”
The platform has been built for the entire team from lawyers to brokers, executives to underwriters. Some of the capabilities of the platform across teams include:

• Application management, forecasting, and loan completion for lending origination sales teams
• Evaluation of each application, and ability to approve or deny applications directly for underwriting teams
• Review and exchange documents for the legal teams
• Accurate real-time origination, underwriting and funding data for the executive suite
• Access to underwriting data and credit papers for LPs and investment committees

Hilltop Credit Partners is a partnership with Round Hill Capital, a leading global specialist real estate investor, developer and manager, specialising in innovative accommodation solutions across Europe and the USA.