Guard against the potential impact of cashflow issues on other, less-feasible developments linked to your builder
Payment transparency creates a natural ‘go/no-go’ checkpoint each month, capping risk to a single payment
Option to include additional payment controls for high(er) risk applications
All transactions are documented, providing a clear audit trail in an external administration/insolvency situation, allowing prompt execution of an effective remedial response
No requirement for builders to reveal commercially sensitive information like subcontract values, payment amounts or their margin, making acceptance of payment transparency by ‘solvent’ builders a non-issue