Liquid Logics Transforms Private Lending with Sekady Integration

Deal News | Nov 22, 2024 | EIN

Liquid Logics Transforms Private Lending with Sekady Integration

Liquid Logics, renowned for its leading loan origination software (LOS) in the private and hard money lending industry, announces a strategic integration with Sekady, specialists in construction management and payment processing solutions. This newly formed partnership aims to enhance construction draws and risk management for private lenders by offering robust, cloud-based solutions that streamline processes, manage risk, and drive growth. The integration provides lenders, contractors, and associated parties with revolutionary tools that offer real-time insights into project milestones and seamless payment processing, thereby mitigating risk with enhanced transparency and precision. The merger combines Sekady's innovative construction management tools with Liquid Logics' comprehensive LOS, promising lenders increased efficiency, accuracy, and security throughout loan and portfolio management. This strategic collaboration signifies a landmark in lending technology, reflecting both companies' commitments to setting industry standards in complex financial management.

Sectors

  • Financial Technology (FinTech)
  • Construction Management
  • Private Lending

Geography

  • United States – The article is based in the United States, as evidenced by the location of Liquid Logics in Lee's Summit, MO.

Industry

  • Financial Technology (FinTech) – The integration involves advanced technology solutions for lending, which falls under the FinTech industry.
  • Construction Management – Sekady's role in providing construction management tools ensures the article is relevant to the construction industry.
  • Private Lending – Liquid Logics operates in the private lending sector, offering solutions to streamline loan origination and management.

Financials

    Participants

    NameRoleTypeDescription
    Liquid LogicsTechnology ProviderCompanyA leading platform known for its Loan Origination Software for private and hard money lending.
    SekadyConstruction Management and Payment Processing ProviderCompanyProvides construction management and payment processing tools across industries, enabling the collaboration with Liquid Logics.
    Sam KaddahCEO of Liquid LogicsPersonOversees the operations and strategic direction of Liquid Logics.
    Thayne BorenPresident of SekadyPersonPlays a pivotal role in the partnership with Liquid Logics, focusing on setting new standards in private lending.