Whilst re-negotiating previously agreed terms is never pleasant, it is sometimes necessary. IPEX makes additional contributions far more palatable to Developers, providing control over who can be paid & assurance that funds can only be spent on their project. Similarly, IPEX can assist Builders that find themselves in a difficult position to prove that their request is genuine, increasing their chances of securing the funds they need.
Get in touch with IPEX today.
IPEX is an online payment platform that secures Developer/Lender funds intended for a project, protecting them in the event of Builder insolvency.
IPEX software integrates with a dedicated construction project bank account to ensure that progress payments are used only to pay approved Sub-Contractors & Suppliers linked to that specific project. IPEX provides Developers with visibility over who has been paid & when, without sharing a Builders’ commercially sensitive information.
Whilst IPEX protects Developer & Sub-Contractor payments, it also helps financially secure Builders to validate their money management practices, differentiating their bid from competitors in the process.
Should your Builder become insolvent before completing an IPEX Project, the impact to Lenders & Developers is minimised as: