Commercial real‑estate brokers and originators often spend excessive time manually sourcing specialty lenders, negotiating terms, and gathering documentation for small‑balance loans, leading to delayed closings and missed revenue opportunities. Starport provides a single, AI‑driven loan quoting arena where lenders compete live on a broker’s deal. Users create a detailed deal profile, and the platform’s AI scores the request against hundreds of lender mandates, inviting only the most relevant lenders.
Funding
Funding not disclosed
Founders
Product
Problem
Commercial real‑estate brokers and originators often spend excessive time manually sourcing specialty lenders, negotiating terms, and gathering documentation for small‑balance loans, leading to delayed closings and missed revenue opportunities.
Solution
Starport provides a single, AI‑driven loan quoting arena where lenders compete live on a broker’s deal. Users create a detailed deal profile, and the platform’s AI scores the request against hundreds of lender mandates, inviting only the most relevant lenders. Within about 90 minutes, invited lenders submit and iteratively improve bids in a transparent auction, while the broker can compare full term sheets using built‑in analytical tools. After selecting a winning bid, Starport’s automated document‑gathering system (Doc‑Bot) streamlines diligence and moves the loan toward closing, all within one secure, end‑to‑end workflow.
Target Audience
Primary customers are commercial‑real‑estate brokers and loan originators who originate small‑balance specialty loans (e.g., fix‑to‑flip, bridge, manufactured housing) and need faster, more competitive financing options.
Features
- AI engine that matches deals to lender mandates in seconds and invites only qualified lenders, keeping auctions private and focused
- Live auction format where lenders anonymously submit and update full term‑sheet bids in real time, typically completing within 90 minutes
- Comprehensive deal profiles that consolidate all key property and borrower data for consistent lender review
- Analytical comparison tools that visualize multiple loan terms (rate, fees, covenants, etc.) to aid rapid decision‑making
- Integrated document‑gathering automation (Doc‑Bot) that pulls required diligence items and tracks progress toward closing
- Secure, single‑platform workflow that moves from quoting through processing to settlement without external handoffs