The Oldest New Way to Pay for Construction

To solve what has become a complex problem, BuildPay went all the way back to the handshake. We used Financial Technology to simply hardwire the important promises, which meant removing unnecessary processes built up over centuries; and the result is faster construction that costs less.

ACCESSIBILITY

Everyone in the payment chain – from the funder to the suppliers – accesses their project online though BuildPay’s webapp.

SHAKE ON IT

Promises are hardwired into the system. We’ll keep your agreements so you can get back to work.

UNPRECEDENTED TRANSPARENCY

See purchased materials receipts, project activity, bill for completed work, and make payments.

ACCELERATED BUILDS

The rebuilt project payment chain means payments are direct and projects can finish faster.

The Problem

  • Multiple banks add risk, cost, and time
  • World leading accounts receivable & working capital issues
The Problem

The BuildPay Solution

  • Technology assures rapid payment at all levels
  • Highest level of buying power for every project
The Solution

BuildPay is Construction Funds Control for Everyone

Reduce the cost on claims and make your customers whole – faster – with value added
You see who is paid and what they procured – from top to bottom – in real-time
With BuildPay, the days of chasing down payments and stretching credit are gone
Payment is instant and the pain of waiting on account receivables in removed

We’re Making Headlines

How a Hurricane Launched a Construction Payment Revolution

How a Hurricane Launched a Construction Payment Revolution Read the source article here Following the aftermath of Hurricane Andrew in 1992 Steve Wightman, a veteran of the construction industry, saw major challenges with the reconstruction progress.  “When things...

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Financial startup enters the Rochester market

Financial startup enters the Rochester market Read the source article here. It is a familiar problem for people in the construction industry: waiting to get paid. In an industry where small contractors predominate and working capital is hard to come by, the payment...

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CEO Blog: Two Cents on a Barrelhead

“I Just Want to Get Paid”

I love construction. Move around dirt, shape sticks and stones with a bunch of regular guys and lasting testaments emerge. It’s a romantic business with roots right back to childhood Legos or a sand box like I spent early years developing my deep appreciation in. ...

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Giving Home Owners More Speed with New Innovations

BuildPay made its annual journey to the International Builders’ Show a few weeks ago in Orlando to connect to leading manufacturers and constructions industry pros.  We shared some product innovations with you last week and talked about giving home owners the power of...

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