Billd provides a digital financing platform that uses the value of delivered construction material invoices as collateral to extend flexible payment terms for contractors and suppliers. The service offers real‑time credit assessment, automated disbursement tied to delivery milestones, and integrates with procurement and ERP systems to streamline cash‑flow management on commercial construction projects.
Funding
$144M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
ASFounders
Product
Problem
Contractors and material suppliers often face cash‑flow gaps during the procurement phase of commercial construction projects, forcing them to either delay material purchases or use costly short‑term credit. Traditional financing options typically require extensive documentation and do not leverage the immediate value of on‑site materials, leading to inefficient capital allocation and project delays.
Solution
Billd offers a digital financing platform that uses the value of delivered construction materials as collateral to extend flexible payment terms to contractors and suppliers. By linking financing directly to material invoices, the service unlocks working capital without requiring additional guarantees or lengthy underwriting. Real‑time credit assessment and automated disbursement enable suppliers to ship materials promptly while contractors retain cash for other project needs. The platform provides a single dashboard for tracking outstanding balances, repayment schedules, and collateral status, reducing administrative overhead. Integration with existing procurement and ERP systems allows seamless order‑to‑payment workflows, improving overall project cash‑flow management.
Target Audience
The primary customers are general contractors, subcontractors, and material suppliers engaged in commercial construction projects who need to optimize cash flow and secure timely material deliveries.
Features
- Collateralized loan engine that evaluates material invoice values in real time to determine financing limits
- Automated disbursement and repayment scheduling tied to delivery milestones and invoice approvals
- API and EDI connectors for integration with procurement, ERP, and accounting software
- Digital contract repository with e‑signatures and audit trails for compliance and traceability
- Risk monitoring dashboard that tracks collateral exposure, payment performance, and default indicators
- Transparent fee structure displayed upfront, with interest rates adjusted based on material type and supplier reputation
- Mobile‑optimized portal for on‑site managers to request financing, view balances, and approve payments