Why construction lenders are ditching site visits in 2025
In-person inspections no longer make economic sense. Here's how leading lenders use satellite monitoring to cut costs 85% with better visibility.
For decades, construction draw inspections meant flying a third-party engineer to a job site, snapping photos, and waiting two weeks for a PDF. In 2025, that workflow is finally collapsing.
The math is simple: a single in-person inspection runs $1,200–$3,500 once you account for travel, labor, and reporting time. Satellite monitoring delivers a verified update every week for less than the cost of one inspection per quarter.
More importantly, the imagery is objective
There is no incentive for a satellite to overstate progress. Lenders we work with have caught delays four to six weeks earlier than their borrowers disclosed them — a window that translates directly into protected capital.
The transition isn't all-or-nothing
Most lenders keep physical inspections for milestone draws (foundation, dry-in, certificate of occupancy) and use satellite for everything in between. The result is 85% fewer site visits and dramatically better visibility.
Pricing
Start monitoring your sites this week
Month-to-month plans, cancel anytime. Every plan includes weekly satellite captures, AI change detection, and automated PDF reports.
Starter
For lenders and developers monitoring a single active project.
- 1 active site
- Weekly satellite captures
- Automated PDF reports
- Email support
Growth
For portfolios of 2–25 active loans or projects.
- Up to 25 sites
- Daily captures + alerts
- Branded reports + API
- Portfolio dashboard
Enterprise
For institutional lenders, funds, and insurers at scale.
- Unlimited sites
- SSO / SAML
- Dedicated CSM
- Custom SLAs
A traditional in-person draw inspection costs $1,200–$3,500. Satellite monitoring delivers weekly verification for a fraction of that — see the full pricing page for volume discounts.
