BuildChain

Construction Project Financial Exchange

Benefits

Benefits everyone in the construction ecosystem

Banks

Visibility into compliance and payments. The financial system of record for a construction project.

General Contractors

Extend payment terms and control compliance

Sub Contractors

Immediate payment of invoices for a finance fee of 1-2%

Modules

Solving problems that affect cash flow and profitability

Invoice Financing

Once a subcontractor’s invoice is registered in the BuildChain system, they have instant access to low-cost capital for the value of that invoice, at a discount rate of 1 to 2%. This provides the significant benefit of easy access to working capital to enable growth and address cash flow issues common in construction.

Compliance Management

Dealing with the myriad of paperwork on a large project can be daunting. Compliance management is built into the BuildChain system, ensuring lien waivers match invoices, purchase orders, and change orders.

Financial Visibility

BuildChain creates a financial system of record for each project so all stakeholders have financial visibility. Banks and developers gain the visibility needed to ensure subcontractors are getting paid. General contractors have all the compliance data is one place simplifying bank payment requirements and reducing their administrative burden. Subcontractors see real-time invoice status and any additional information required to receive payment.

Contact


PHONE
314-420-0005