Solving problems that affect cash flow and profitability
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.
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.