Tokenized Fiduciary Payments for Governance and Control

HOW TO COMPETE FOR THE BEST TRADES AND WIN EVERY TIME  

​We guarantee daily, project task payments to your trades within 24-hours  

BENEFITS FOR LENDERS  

Eliminate your construction draw department entirely  

Decrease loan servicing costs while enhancing your service 

Reduce mechanics lien risk Ensure 100% of funds are used to improve value of underlying asset  

Reduce mechanics lien risk Ensure 100% of funds are used to improve value of underlying asset  

Reduce mechanics lien risk Ensure 100% of funds are used to improve value of underlying asset  

BENEFITS FOR BUILDERS 

Eliminate your construction payable department entirely  

Be a hero to your Subcontractors and Suppliers

Enhance project throughput and cycle-time performance 

Qualify for non-recourse financing 

Improve relations with lenders and construction trades 

Gather valuable payment data 

A win for Prime or General Contractor

BENEFITS FOR TRADES  

Eliminate your construction receivable department entirely  

Get paid immediately on completion of the task 

Achieve a new level of cash flow 

Eliminate expensive call backs to the job site with built-in quality checklists 

Reduce variance cost and warranty expense 

A game changing big win for the Construction Trades 

SECURE 'MICRO-DRAW' TECHNOLOGY  

Our secure Micro-Draw technology allows faster payments at the daily task level, lower financing and insurance costs, and helps attract the best construction trades.  

TRADES GET PAID FASTER THAN YOUR COMPETITION CAN PAY  

Your trades will crawl over broken glass to come work for you first! General Contractors realize real competitive advantage 

YOU GET THE BEST TRADES FIRST AS THE PREFERRED CONTRACTOR  

With your ability to pay immediately after the completion of each construction task, five days a week, the trades will send their best crews  

RECEIVE AUTOMATIC LIEN WAIVERS FROM YOUR TRADES 

Using Smart Contract technology, automatic lien waivers are transmitted to lenders upon each payment  

TRADES PROVIDE FASTER OVERALL PROJECT CYCLE TIMES WITH PROMPT SCHEDULES  

When Trades get paid fast, they show up on the job fast and complete their work as quickly as possible  

TRADES RECEIVE DEPOSITS DIRECTLY INTO THEIR CHECKING ACCOUNT  

Your trades not only get paid potentially 5 days a week, but have the funds wired directly into their checking account  

TASK BASED CHECKLISTS PROVIDE ENHANCED GOVERNANCE OVER PAYMENTS 

Each construction task pay point can include detailed checklist approval with photo/video documentation  

PAYMENT TO SECONDARY PAYEES SUCH AS MANUFACTURERS  

Secondary payees such as subcontractor suppliers and manufacturers, can also have secured payment with direct deposit 

BETTER TRADE PARTNERSHIPS AND PROJECT PRICING 

When Trades know when they are going to be paid, and how much they are going to be paid, they can provide better pricing and service  

ENHANCED COLLABORATION WITH YOUR TRADES AND LENDERS  

With enhanced communication between trades and general contractor, but also from trade to trade

STATE-OF-THE-ART FIELD SUPPORT ON ALL MOBILE DEVICES  

With all participants to the construction project provided with free mobile application access using the latest in mobile app design, no one gets left out

Enter textBETTER TRANSPARENCY AND AUDIT INFORMATION EASILY AVAILABLE

Transparency and visibility back to lenders has been opaque at best, and typically non-existent. Blockchain enabled transactions changes that in a big way

BLOCKCHAIN BASED DISTRIBUTED LEDGER TECHNOLOGY

Distributed Ledger Technology brings a "single source of the truth" to all participants of a construction project. No more burdensome reconciliation and disputes

NEW LEVEL OF PAYMENT CONTROL

CHECKLISTS PROVIDE ENHANCED GOVERNANCE OVER TASK PAYMENT APPROVAL

Each checklist item will include GPS and time stamping that can include specific photo/video documentation

EACH CONSTRUCTION TASK CAN ONLY BE PAID WHEN IT IS VIABLE FOR PAYMENT BASED ON CRITICAL PATH DEPENDENCIES.

For example, a roofer can’t be paid prior to the decking being complete

GEO-FENCING ONLY ALLOWS TASK PAYMENT APPROVAL WHEN PHYSICALLY LOCATED ON PROJECT SITE

The same also applies to checklist submittal and approval.

BUILDERPAY DE-RISKS THE ENTIRE CONSTRUCTION PAYMENT CHAIN

Secondary construction project participants can create risk that might be unknown to the lender and general contractor.

Any one of these "secondary project payees" can create a problem for you, even if you didn’t contract with them.

You might not know who these secondary project payees are. Until you find out the hard way.

BuilderPay can serve these secondary payees with a level of control and governance that couldn't exist prior to our revolutionary technology.

By having vendors that are primary construction project participates use the commitment tokens that have received during the bid award process, and then forwarding those commitment tokens on to these secondary construction project participates as a form of payment is efficient and effective.

This method of distributing these commitment tokens not only forms a guarantee of payment for these secondary construction project participates (as shown in the diagram below), but significantly de-risks the exposure to lenders and general contractors as well.

SECONDARY PAYEES CAN BENEFIT TOO 

PAYMENT TO SECONDARY PAYEES SUCH AS MANUFACTURERS

Secondary payees such as the subcontractor’s manufacturers can have secured payment with direct deposit immediately upon equipment being delivered to Project Site. No need to wait for the subcontractor for payment.

PAYMENT TO SECONDARY PAYEES SUCH AS SUPPLIERS

Secondary payees such as the subcontractor’s suppliers (or multiple suppliers) or can have secured payment with direct deposit to their business checking account

PAYMENT TO SECONDARY PAYEES SUCH AS CONTRACT LABOR

Secondary payees such as a subcontractor's direct contract labor can also have secured payment with direct deposit to their personal checking account

MODERN MOBILE FIELD APPS

Single page, minimal click design allows for super-fast updates.

Manage tasks, checklists, vendors and payments from the field

BuilderPay is a turnkey service that allows you manage your construction funds, using project task management, quality and safety checklists to facilitate immediate payments to subcontractors and suppliers in an entirely new and easy way.

And works on any phone, tablet, or computer

Composable Businesses 

​​As the business landscape continues to evolve, it is becoming increasingly important for companies to remain flexible and adaptable in order to meet the changing needs of their customers.

That's why BuilderPay (Builder Payment Services), along with Builder Validation Services and BuildFi (Builder Financial Services), has embraced a new "composable business" structure that strikes the perfect balance between integration and performance on the one hand, and specialization and tailored customer experiences on the other.

By leveraging this innovative approach to business, BuilderPay is poised to revolutionize the industry and drive growth for years to come, all while maintaining a steadfast commitment to customer satisfaction.

So if you're looking for a partner who can help you navigate the complex world of enterprise and government sectors, look no further than BuilderPay and its suite of cutting-edge solutions.