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Why did we create BuildPay?  It started with a simple question, “Why hasn’t someone fixed construction cash flow problems?”  According to the US Census, construction has not seen productivity improvement in 80 years, while also leading the world for length of accounts receivable and least access to needed working capital.  It is crystal clear cash flow must change from life line to pipeline or there will be 80 more years of struggle.  After all – all construction has only one thing in common, it’s all supposed to be paid for.  Financial institution leadership is imperative, and BuildPay has now made it easy for them to execute an end-to-end solution of construction’s biggest problem




property insurers, banks, and governments


Banks & Lenders

Cash flow transparency from end-to-end in the project payment chain, streamlines draw administration and minimizes liens.


Insurance Companies

When disaster strikes BuildPay’s Technology helps mitigate demand surge for insurers  and move customers ahead in the repair line.



Performance and payment risk is minimized, transparency increases and bids lower with technology to protect cash flow.

All three types of construction funders are constantly challenged to maximize customer success while protecting themselves from  each cash flow issues.  80 years of stagnant productivity can be reversed one project at a time so everyone can win.  Check writing, invented centuries ago with all the other paper processes to achieve project success and risk protection, become obsolete.  Supplanting these old processes with payment technology at the hub of projects begins to enable practical interoperability across many other technologies available to construction funders today. The time has come.

Competitive Advantage

Funders that leverage their obligations to pay use BuildPay to initiate accelerated cash flow on projects. This provides superior risk-protection, shortened accounts receivable, working capital relief and the opportunity to substantially improve project productivity.  Funders with the solution will see quantifiable wins, where funders without the solution will face new competitive disadvantages. 

State of the Art TECHNOLOGY

BuildPay can convert existing data into a disaster-wide shopping list & link every involved provider of oversight, work, and materials to an efficient supply chain. 

Catastrophe Reconstruction Management

Large reconstruction efforts, especially after a catastrophe, are chaotic. Without active recovery coordination, inefficiency, profound delay, and exploitation schemes flourish. BuildPay’s technology uses insurers’ and mortgagees’ untapped information and financial influence to reverse disaster recovery’s worst problems.

Change the game Pricing

BuildPay’s financial technology leverages funders’ obligation to pay in order to reverse demand surge, construction provider payment risk, contractor trade credit, working capital constraints, information shortfalls, and lethargic recovery.


THE BOTTOM LINE TODAY: Owners report 85% of projects are over budget and 92% go over schedule.  Yet 55% of contractors see themselves as highly efficient given deeply rooted, justifiable cash flow constraints.  The cost of cash flow risk and payment delays are embedded in the cost of construction, supply chain inefficiencies and the retention of critical resources.

PAYMENT & Procurement transparency

By providing end-to-end payment status transparency – including material procurement receipts – project health can be monitored in real-time to head off common problems when payment anywhere in the chain stalls. Project payment and performance risks are dramatically reduced.

ACCELERATED Project Delivery

Competition is attracted, productivity improves, and work accelerates when providers of oversight, work, and materials are assured rapid payment without needing to rely on inadequate trade credit and working capital limiters. These newfound efficiencies enable lower bids with higher margins at every link in the payment chain.

move to the front of the line

During disaster recovery, demand for reconstruction is high. With BuildPay, your project is prioritized because of the payment advantages, so you can get back to normal faster. Ask your bank or your insurance company about BuildPay.


Your agreements, your terms

Your contract is memorialized in BuildPay’s system, and the contracts you make are too. Submit change orders & supplements all you want – it’s your project. It’s our job to make sure your payment only goes to you, and that everyone is in 100% agreement.

Projects were built to be completely flexible, supporting all project and contract types without changing the way you do business or the tools you already use. Features like PayWhenPaid and PayBeforePaid ensure that everyone on the project is paid at the interval they need and are used to.

It's Free

BuildPay is free to anyone providing work and/or materials on the project. No fees, no subscriptions, no factoring.

No Working CApital Needed

Materials are purchased with BuildPay material cards, not your capital or credit.

BUilT BY YOu, FOR you

We’ve been in your shoes, and so we know what you need. BuildPay’s technology is driven by construction-minded people that care about making sure construction is paid for the way it’s supposed to be.


THE PROBLEM WITH CONSTRUCTION TODAY: Suppliers can sometimes feel like they are more in the banking industry than the materials business. Helping builders succeed is their job and their passion. But the credit burden and the risk they bear limits their ability to deliver as much as possible. With BuildPay, those days are over. Project money is pre-loaded onto debit cards and put into the hands of contractors. Payment is instant and the pain of waiting on accounts receivable is removed.

No more "Being the bank"

On BuildPay projects, materials are purchased with BuildPay materials cards, which are connected directly to project funds. Materials are paid for before they even walk out the door.

Zero transaction fees

Unlike other card transactions, BuildPay transactions have no transaction fees. Our reader is placed at your location(s) with a one-time installation fee.

Dedicated team

BuildPay’s team is dedicated to making sure the materials you provide are paid for when you provide them. Our suite of technology solutions was built to accommodate all types of point of sale systems currently in place, without changing your setup. The BuildPay team is ready to help whenever it’s needed.

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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© 2019 BuildPay, LLC – All rights reserved.



Insurance Companies

Banks & Lenders

Project Owners

General Contractors


Material Providers

Material Manufacturers

Lenders: Competitive Advantage

The golden rule sums up lenders’ advantage the best. “Whoever has the gold, makes the rules.”  While the bank has the gold, they compete with other banks, who also have the gold.  Their rules are necessary, they do not need to be changed.  There are many companies that argue the execution of the rules are inefficient, but efficiency really does not substantially improve protections for banks or add construction success for customers.  A shared ledger allows banks - as the trusted source of project funding - to set the rules for project payment releases, monitor the project health and all but eliminate any chance of lien.  Cash-flow-lubricated projects attract competition to accelerate work at more competitive prices with superior protections for virtually every player in the chain.

Insurance: Competitive Advantage

Insurers’ obligation to pay is the most potentially powerful tool insurers have, but is very difficult to systematize and scale given the daunting challenges of insurers collaborating with a huge, highly fragmented and complex construction industry.   Since all construction has chronic payment risk and inadequate cash flow, it makes sense for property insurers to use their irrevocable obligation to pay to attract the construction industry.  Since cash flow is most attractive at the project level, inter-industrywide collaboration between insurers and the titans of construction is less important than mechanizing a platform that can be scaled from one project to many thousands of projects.

Government: Competitive Advantage

In some cases, opportunity for small subcontractors (with limited financial wherewithal) is only one part of the total equation.  Some very talented and well run companies still cannot automatically get the trade credit, working capital and cash flow they need to keep pace.  The struggle is unnecessary when the government funding source can allocate contractor-planned and approved payouts directly to these subs.  Similarly, the subs themselves can allocate material budgets to the ledger to enable them to procure all the materials they need without the material provider taking on risk.  Working capital constraints are greatly alleviated, cash flow accelerates and there is no need for trade credit.  Government agencies can see activity on the ledger for each bid project.  Bids improve.  

Why would construction lenders need to change their highly refined processes?

Success for construction lenders means providing their customer with the funds needed to build the project they want.  To protect the bank’s interests, protective draw schedules are put in place to assure the project is done – and done without liens.  Albeit necessary protection, slow draws cost project time and money.  Some oversight, work and material providers avoid working on bank-funded projects, charge more or require large owner-deposits. This is especially true for classes of product that are fabricated offsite and installed after fabrication is complete, when providers are still not paid until after the next draw.  Customers pay interest on capital needed for construction, with process requirements attached that add to the construction cost and delay project delivery.  In a world where settled business models (think taxis) can be unsettled in months (think Uber), this one probably has disrupters’ attention.

Why do property insurers need to change?

Success for property insurers is making their customer whole as quickly as possible and protecting their loss ratio from significantly inflated reconstruction payouts; especially overblown demand-surge prices following disasters.  Insurance reconstruction is the most inflated of any type of institutionally funded work and is getting worse.  Claim departments are startled by the rate of new disadvantages to mitigate, using tools that have not been substantially redesigned in decades.

Why would government funded projects need payment changes?

Many government entities endeavor to help smaller subcontractors and material providers have the opportunity to be awarded contracts.  In some states women and minority owned enterprises are guaranteed a portion of publically funded construction.  Most contractors we talk to are supportive of this mandate, but it comes with unique challenges.  Providing opportunity alone does little to help solve problems with deficient working capital, trade credit at material providers and enough rapid cash-flow to keep up with fast-paced project schedules.  In some cases contractors help these subs as much as possible, but obviously there are some challenges beyond their control.  These problems work their way to the top like air bubbles in concrete.