IPEX stops progress payments from being used for any purpose other than paying approved parties, removing any motivation to manipulate progress claims.

IPEX allows Developers to confirm that all previous progress payments have been allocated correctly before approving further payment, ensuring funds cannot be accumulated over multiple progress payments.

IPEX proportionally releases preliminary cost & margin to Builder with every dollar paid out of IPEX account. IPEX ensures that all Builder nominated Sub-Contractors & Suppliers are verified by a fully ‘KYC/AML’ compliant onboarding process, protecting against fraud.

In the event that your Builder does become insolvent before completing your project, the impact is minimised as you know that any progress payment made has either been distributed to approved parties or remains in the account.

You can't insure against Builder Insolvency but protecting your investment with IPEX is the next best thing, ensuring that your project cannot be 'borrowed from'. Even if one or more projects linked to your Builder run into financial trouble, IPEX maintains a ring-fence around your funds.