+Pay automates the construction payment stream for builders, general contractors, banks, title companies or disbursement agents that pay sub-contractors. Builders and subs benefit from the faster process, by eliminating paper with electronic lien waivers and invoices. Builders get automated 1099 reporting and project accounting. Subs love getting paid with Same Day ACH. No more driving around town to pick up and drop off a check. +Pay seamlessly integrates with BankLabs’ Construct product, creating the world’s first cloud-based, vertically integrated construction finance platform.
Automate the Construction Payment Stream
Benefits
50% more efficient process
Reduce risk
Subcontractor friendly
Differentiate with mobile access
Features
Efficiency
Electronically manage documents, requests and approvals
Easy Lien Waiver & Invoice Management
Secure, electronic exchange and e-signature of lien waivers and invoices.
Multiple Payment Types
Pay subs electronically via Same Day ACH, with paper checks, or other options.
Connect to Construct
Builders’ line-item budgets and draws
in Construct are integrated to +Pay
payment detail and documents.
Communication
Get texts/e-mails when payment requests are submitted, approved or require more work.
Mobility
Mobile access to submit payment requests, upload documents, e-sign and check status.
Live Support
Phone and e-mail support for all users.
Title Company Support
Automate title company access and reporting for sub-contractor payment and lien waiver detail.
Reporting and 1099 Processing
Automated 1099 and project reporting.
Ready to Reimagine Your Banking Products?
Impress Borrowers, Attract Depositors, and Differentiate From Your Competition.
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Get Started
Our startup process is designed to minimize efforts required from builders, subs and paying institutions. The first step is a 30 minute online demo.
Learning +Pay is quick and easy with intuitive navigation. Go-live training takes one hour and can be done remotely.
We even offer a 30-day free trial to prove it is effective for builders, subs and other users. No strings attached.