Milestone-based funding with inspection verification. Funds only released when work is verified complete, reducing draw fraud and automating disbursement.
This template leverages the following programmable controls to create a secure, compliant payment flow.
Full loan amount locked in tranches
On-site inspection and work validation
Contractor/subcontractor waiver verification
Verify draw conditions and completion percentage
Lender approval per milestone
A commercial lender funds $20M construction projects through monthly draws. Coordinating inspector sign-offs, lien waivers, and fund releases takes 2-3 weeks per draw, delaying projects.
Inspectors submit milestone approvals through mobile app. Once conditions are met (inspection passed, waivers collected), funds release automatically to the contractor. All documentation is immutably recorded.
Result: Draw processing reduced from 3 weeks to 3 days, project timelines shortened
Automate draw management and reduce operational overhead while maintaining full control over disbursement conditions.
Manage complex multi-phase development projects with milestone-based funding tied to construction progress.
Structure draws around project milestones with built-in verification gates and multi-stakeholder approval workflows.
Streamline contractor payments with programmable releases that align funding with verified work completion.
Talk to our team about customizing this template for your specific payment workflows.
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