There was a time when your word was your bond.
When a firm handshake meant you’d get paid.
They say the construction business used to operate like that.
But those notions are bygone.
Timely payment is more out of reach than ever
The lower you are in the project payment chain the longer you are going to wait
The promises you make might just be impossible to keep
Construction has become one of the slowest paying businesses in the world
So here’s the rub...
The experts say there’s nothing you can do about it.
That working capital, cash flow and receivables are only going to get worse
They say waiting longer, discounting your invoice and paying for things called “Supply Chain Finance
Programs” is the wave of the future.
Costs go up.
We disagree...
If the funds are there
If you do the work…
…straight, plumb and level
There’s no reason for slow payment
Take trust off of back order…
Project funds are escrowed
Promises are hardwired
Cash flow issues disappear.
Projects go faster
Costs go down
The handshake is restored.
BuildPay. Let’s shake on it.
#GotPaid