Fund Control

PayKeeper Fund Control Services streamlines project funding for all types of construction. From large commercial construction to high-volume residential home improvement such as solar and roofing. Project progress tracking, document submission, and milestone funding requests are easy to process in the PayKeeper platform, with the option of having all steps fully integrated with the construction company’s internal software.

PayKeepers suite of services for lenders includes (1) project documentation verification, (2) milestone verification, (3) progress funding management, (4) lien waiver management and (5) project completion authentication. Our Conditions-based Payment Platform can accommodate complex milestone schedules, such as large commercial and industrial construction, or high-volume application such as home improvement finance.

Making sure that every dollar paid out on a project is directly related to a previously agreed milestone is at the core of PayKeeper’s technology. When Surety Bond providers want to make sure that the financial health of a project is protected by a trustworthy third-party, they count on PayKeeper.

PayKeeper’s technology allows multiple stakeholders in the claim process to configure milestones and conditions that need to be satisfied before claim payments are made - automating and derisking a traditionally cumbersome and risky process. PayKeeper can simplify the mortgagee sign off process, as well as protecting insurance companies from potential fraud from customers and contractors. PayKeepers technology protects all parties involved, and speeds up the claims process in general.