Construction projects tend to be complex in nature. We understand that your time is extremely valuable and to help speed up your application and onboarding we have laid out our additional requirements for the construction industry.
For first fundings, we require the project contract (terms & conditions)
If you are a subcontractor, we require additional verification from the ultimate approving authority on the project;
If you are using subcontractors, we require outstanding and overdue accounts payables reporting or proof of payment to the subcontractor.
For first and subsequent fundings we require an updated payments claim package as previewed below.