FINANCIAL TECHNOLOGY FOR CONSTRUCTION
All construction projects have one thing in common: They’re all supposed to be paid for. Using BuildPay technology on the job means everyone gets paid directly & on time.
Why USE BUildPay?
Imagine if every check written on a construction job could only be deposited if & when the subs were paid, the suppliers were paid, and everyone involved in the project – from the “funder” & owner to the smallest subcontractor or material provider – was in 100% agreement.
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 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...
Northeastern Retail Lumber Association (NRLA) included BuildPay's latest business update in their network newsletter this week. The release, featured on the BuildPay blog on April 3rd, highlighted the announcement of BuildPay's partnership with a leading global...
BUFFALO, NY March 26th 2019 - Here in Upstate New York, Spring is just barely starting; you can see it peeking up through the leftover snowbanks and washing away the salt and winter-grime on the roads, which is good because BuildPay’s training has begun for the...
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...
TROY, NY April 3rd, 2019 – BuildPay, an upstate New York financial technology startup focused on improving the way all construction is paid for, has been chosen as a strategic partner with Aon (NYSE: AON), a leading global professional services firm. Aon’s...
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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