Construction Financing Arbitrage for Project Owners.

Save Money. Save Communities.

Grant Financing Access to Small and Underserved Businesses

Reduce Construction Costs and Risks

Problem with financing from construction materials suppliers

Materials Costs are Inflated by Expensive Financing

Supplier financing is expensive and unavoidable. Subcontractors of all sizes depend heavily upon construction materials suppliers to finance purchases.

Difference in financing cost as provided by materials suppliers to subcontractors in much higher than financing provided by project owners
financing  access  for subcontractors is a problem

Financing Access is Limited

Credit availability is limited or unavailable for many. Subcontractors that are small or from underrepresented groups are subject to barriers that reflect both commercial realities and human bias

SBE and UBE have limited access to trade credit and are unbanked
solution to problem of access and cost to financing access during purchasing of construction materials

Owners Insert Their Financing to Remove Obstacles and Create Opportunity

Eliminate financing duplication costs and financing barriers: Chipi enables owners to insert their capital into the construction materials purchasing process risk-free. This eliminates a layer of financing costs and creates financing access for targeted subcontractors and suppliers.

 

Chipi enables subcontractors to enter materials quotes from a chosen supplier into an approvals, funding custody, and payment process that alleviates the need for financing by having owner make payments for materials purchases
impact of having owners of construction projects insert their financing during materials purchasing

Owner Earns Income

property owner generates income inserting its capital into materials purchasing
impact of having owners of construction projects insert their financing during materials purchasing

Financing Barriers and Payment Speed Become Irrelevant

Financing problems are intercepted and resolved. Project risks born of contractors’ liquidity challenges are addressed at day 1

Chipi's solution is faster than factoring, reverse factoring, dynamic discounting, supply chain finance, invoice finance, PO financing, receivables finance, net 15 payment plans, and payment applications
Small subcontractors are poorly capitalized and have little access to banking so they are vulnerable to financial distress which introduces project risks that you can mitigate from the start

Eliminate Project Problems Born of Subs Financial Pressure

Liquidity scarcity creates chaos. 

Subcontractor liquidity pressures manifest as project challenges in many ways.

For example, delaying materials orders until the very last moment is a technique by subs to save either cash or debt capacity.

This ordering delay risks delivery delays – a common reason schedules are missed.

Diversity, Equity, Inclusion

Use your financing scale for good.

Attract and retain small subcontractors and suppliers from under-resourced communities by removing financing costs and barriers.

Deploying capital to remove barriers within banking and finance is a clear action that fulfills your commitment to communities with small, disadvantaged, women-owned, minority-owned, and veteran-owned business enterprises.

Let’s change the world!

 

Diversity, Equity, Inclusion

Use your financing scale for good.

Attract and retain small subcontractors and suppliers from under-resourced communities by removing financing costs and barriers.

Deploying capital to remove barriers within banking and finance is a clear action that fulfills your commitment to communities with small, disadvantaged, women-owned, minority-owned, and veteran-owned business enterprises.

Let’s change the world!

 

Most attractive construction project for contractors and subcontractors

Gain Visibility of Suppliers, Subcontractors, and Materials

The process is built around transparency. Strengthening your value chain enables you to build a relationship with otherwise unknown entities and people. Track and control against environmental (or ESG) goals for materials. 

Gain Visibility of Suppliers, Subcontractors, and Materials

The process is built around transparency. Strengthening your value chain enables you to build a relationship with otherwise unknown entities and people. Track and control against environmental (or ESG) goals for materials. 

Most attractive construction project for contractors and subcontractors
Most attractive construction project for contractors and subcontractors

Attract Top Contractors and Subcontractors

Your project is the most attractive. Eliminating financing barriers and costs makes your project more attractive than others still following payment dogma.

 

Generate Income

Lower your costs.

Inserting your funding into the materials purchasing process will enable you to earn a return on your money that exceeds its cost.

 

Property owners can generate income by supplying their capital to make materials purchase payments
Property owners can generate income by supplying their capital to make materials purchase payments

Generate Income

Lower your costs.

Inserting your funding into the materials purchasing process will enable you to earn a return on your money that exceeds its cost.

 

owners can fill a gap in the banking ecosystem and de-risking their project

Remove Financing Barriers and Limits

Fill a financing gap.

Subcontractors are severely underbanked and are limited to specific suppliers that grant limited amounts of credit.

Shopping for the best price, availability, and even quality is secondary.

Further, the production capacity of many subs is limited by the amount of available credit.

Easy to Use, Handles Every Approval Process

Approval requests can follow any path, at will, and can include as many people as needed.

Chipi can handle simple approval chains or very complex ones.

 

The application is easy to use and can be applied to any funding approval process
API is available for ERP and accounting integration

API Integration

Integrate into your existing technology stack. Request our API’s to integrate into your ERP, payment application, or draw control systems

Eliminate Lien Workflows and Risks

Eliminate Preliminary Notices and Lien Releases from suppliers. Chipi eliminates trade credit and hence the need for lien workflows or filings as it relates to suppliers.

During COVID’s initial outbreak, lien filings grew 40% demonstrating the sensitivity and vulnerability of construction finances.

 

Pre-lien and mechanics liens from suppliers are eliminated
Pre-lien and mechanics liens from suppliers are eliminated

Eliminate Lien Workflows and Risks

Eliminate Preliminary Notices and Lien Releases from suppliers. Chipi eliminates trade credit and hence the need for lien workflows or filings as it relates to suppliers.

During COVID’s initial outbreak, lien filings grew 40% demonstrating the sensitivity and vulnerability of construction finances.

 

Earn Risk-Free Income

Reduce Project Risk

Support Diversity

Bank your own project and start saving today!