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
April 5th, 2019 Troy, NY - 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...
BuildPay Technology Featured in BuildWorlds Insight Report on Managing Financial Risk in Construction
BuildPay was featured in BuiltWorlds' Insight Report on Managing Financial Risk in Construction, which was published this week. BuildPay's CEO, Steve Wightman, and Director of Marketing and Product Development, Leah Hennessey, were interviewed by...
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...
All construction has one thing in common: it is all supposed to get paid for. BuildPay's payment tech grew from the need for payment efficiency in construction. Everyone recognizes the need - that's why we see new products every year that are designed to cut time...
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...
Payment in construction can be frightful for everyone involved – from the bank to the sub to the material provider. Everyone has a stake in finishing the project (and getting paid), but the lack of visibility up and down the payment chain can sneak up and scare the...
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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Troy, NY 12180
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