A faster, simpler way to pay and get paid
Accurate cash flow depends on how quickly you can send or receive money. If you’re always waiting for a check to be deposited or chasing down client payments – you’ll never know where you stand. Buildertrend Payments provides the solution.
Quick payments
You don’t have to chase checks, and clients want the convenience of paying online
Saved time
Money is in your account before you even have to worry about it
Better cash flow
Start your next project with confidence knowing you have the funds
Get paid faster
Say goodbye to those awkward, “When are you going to pay me?” texts, deposit funds directly to your account and keep track of incoming payments in one place.
Ensure incoming funds
Request payments at any point during a project
Stand out from the competition
Impress clients with convenient payments options
Stay organized
Record incoming payments instantly and set due dates for auto reminders
Send payments efficiently
Stop wasting time delivering checks or waiting for subs to pick them up. Get back to what really matters – building. Paying your subs is now as easy as sending an email. A few simple clicks, and you’re done.
For builders
Reduce manual processes
There’s no need to write checks or hand-deliver them to your subs
Save money on postage
Mailing payments is a thing of the past
Spend less time waiting
Funds are sent instantly and can be deposited immediately
Experience financial transparency
Know the status of your bottom line in real time
For subcontractors
Receive payments by email
No signup or login needed
Choose how to receive payment
Options include self-printed check or mailed check
Accept payments from a mobile device
Accept and deposit funds on the go
A lot of these subs are on their phones, not really at a computer. They’re just go, go, go. I think the ease of getting an email if they choose to sign up for direct deposit is so quick and it’s less steps for them. That’s the biggest thing – making it easier for our subs. Because they’re not going to want to do a ton on their end. It’s super advantageous.
Our clients love to hear that we offer bank transfers. They’re blown away by it. They tell us that no one else they’ve interviewed to do their job offers it.
Frequently asked questions
Rates will vary based on how payments are being sent and received.
Receiving payments from clients:
- Visa, Mastercard, Discover: 2.95% + $0.30/transaction
- American Express: 3.95% + $0.30/transaction
($1.99 fee minimum and $15.00 fee maximum for all payment methods)
Sending payments to subs and vendors:
Digital and mailed checks are all $1.49 per transaction. (This service is free for subs and vendors receiving payments.)
Your subcontractors will receive e-checks immediately through the email you send. It’ll then depend on how quickly they open their email and which deposit option they choose. They can choose from one of these two options:
- Digital checks: Available immediately for deposit
- Mailed checks: Delivered by USPS in 3-14 business days
Processing times for ACH and credit card range from one to five business days. However, Chase customers are eligible for same-day transactions or next-day settlements.
A new way to pay your subs and vendors
Buildertrend Payments offers a new way to pay your subs and vendors. Read more to learn about the updated process from our Product team.
case study
Jun 28, 2022Krueger Brothers Construction: Boosting Efficiency By 25% With Online Payments
See how the power of construction tech combined with the convenience of online payments helps these specialty contractors get more done.
Keep track of subcontractor payments in Buildertrend
How long does a contractor have to pay a subcontractor? Learn more about prompt payment laws, construction contracts and paying subcontractors with ease.
