FINANCIAL TECHNOLOGY FOR CONSTRUCTION
All construction projects have one thing in common; everyone is supposed to get paid. Now financial institutions can assure their capital goes where it should, when it should.
Why USE BUildPay?
Hardwiring Construction Payment
Imagine if the capital released to fund a property loss or a new construction project was hardwired to go directly to its final destination; the end provider of work or materials. That nobody in the project payment chain could hold anyone else’s money for working capital. That everyone on projects got paid without wait, risk or contention, but with transparency.
Online access gives everyone on the project the ability to view, change, track and manage the project payment.
Transparency into project payment progress and purchased materials restores trust and reduces project risk.
Payment agreements are memorialized and promises are kept, allowing work to accelerate and projects to finish faster.
Payments for work and material purchases are made directly from the owner/funder’s project account – controlled by BuildPay.
We’re Making Headlines
The Demotech Difference Summer 2019 Issue was released August 1st and featured an article written by BuildPay CEO, Steve Wightman, that focuses on the dysfunction of the construction supply chain. An excerpt from the full article is below. On the...
The BuildPay Contractor Curtain™ Growth in construction is expected to continue to accelerate into 2020.Projected to be one of the fastest growing industries by the Bureau of Labor Statistics and a report from Timetric’s Construction...
BUFFALO, NY June 22nd, 2019 - Team BuildPay met and exceeded their fundraising goals for the 24th annual Ride for Roswell. The bike ride event raises money for Roswell Park Comprehensive Cancer Center in Buffalo, NY where BuildPay's VP of Product Development and...
BuiltWorlds featured a contributor article written by BuildPay CEO, Steve Wightman, that focused on the "need for speed" in the construction industry and ways that new technologies can help achieve that speed for payments on the job. An excerpt...
All construction has one thing in common: it’s all supposed to get paid for. BuildPay is the only company that’s connected at every stage of the project lifecycle and is leveraging advantages from the promises that we make sure are kept.
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