Every day your draw sits in review, your line of credit is the bank’s tool, not yours.

Here is what is breaking, and what it costs you every month.

Pay apps live in PMIS. Approvals live in email. Lien waivers live in a shared drive nobody has cleaned since 2021. The disbursement lives in an ACH file your controller reconciles by hand. When your lender asks for backup, your PM spends four days rebuilding a binder that was already assembled a month ago in three other places.

A typical mid-market GC running $80M in annual volume carries roughly $6M in working capital at any given moment. At a 52-day cash-cycle and prime plus two on your revolver, the cost of that float is around $35,000 per month. Cut the cycle by 15 days and that number drops by about 30 percent. It does not take a CFO to run that math. It takes a CFO to explain why nobody has.

Meanwhile, compliance risk is accumulating silently. A sub with an expired COI is on three of your active sites. A tier-two waiver chain has a gap nobody noticed. Your prequal binder says one thing, the insurance certificate on the wall says another. By the time a claim arrives, the sub has already been paid, the draw has already been signed, and the question is not whether there is a problem. The question is who absorbs it. It is you.

And your owner and lender? They are making funding decisions on a month-old PDF. They do not trust the number. They trust you. Which means every draw review turns into a relationship tax, not a data exercise. That is fine in year one. It does not scale to the portfolio you want in year three.

This is not another PMIS, ERP, or payment tool. It is the rail underneath them.

The Construction Clearinghouse is a new category. A clearinghouse in regulated finance (think DTCC, LCH) is the shared rail that counterparties transact through. The same idea, applied to the money and evidence flow on a construction project. Owners, GCs, subs, and lenders all work against one ledger of contracts, pay apps, waivers, compliance gates, and disbursements.

Procore manages the project. Sage and Foundation keep the books. Plaid and Modern Treasury move the money. The Clearinghouse sits across all of them and makes sure the evidence matches the movement. Nothing advances without a signed record. Every party sees the same truth at the same time. That is not a feature. It is a category.

What changes for your team, in the language your CFO speaks.

• Cash-cycle days on the hero KPI. Your dashboard opens on one number. We track it by project and by portfolio. Every decision on the platform ladders to that number.
• Pay apps that audit themselves. G702 and G703 parsed, math-checked, and cross-referenced to the schedule of values on upload. Front-loading flagged. No hand calculator.
• Waivers generated, not chased. Conditional and unconditional waivers, in the correct state statutory form, generated against approved amounts and routed for signature.
• Draw packages that assemble themselves. Your owner and lender get the package the moment the ledger closes. No PM rebuild. No shared drive. No binder.
• Compliance gates on the payment path. No gate, no flow. A sub with an expired COI does not receive payment. The system enforces the policy you already wrote.
• A lender view that earns you terms. Your bank sees the same ledger you do. Their credit memo writes itself. Your LOC rate has a new argument behind it.

The Builder offer. Priced at $28,800/yr. Stacked to roughly $85K of value.

The Builder tier carries the full Self-Funding Guarantee. Price is $28,800 per year ($2,400 per month effective, billed annually). We onboard four GCs per month into this program. The stack:

• Clearinghouse platform, unlimited projects and subs. $9,588/yr value.
• White-glove onboarding, first 60 days, dedicated compliance operator. $15,000 value.
• COI amnesty cleanup: all active subs brought to compliance in 30 days. $12,000 value.
• Unlimited state-statutory waiver generation and notary coordination. $8,400/yr value.
• Draw-package audit service: first three draws reviewed by our ops team. $9,000 value.
• Direct line to founder’s Slack for 12 months. $18,000 value.
• Capital Readiness Report delivered to CFO and lender within 30 days. $7,500 value.
• Lender-facing evidence export with same-day SLA. $6,000 value.

Total stack value: roughly $85,488. Your price: $28,800. If we do not cut your cash-cycle by 15 or more days by draw number three, the platform is free until we do, and we keep working free the platform stays free until we do.

Three guarantees. One at a time.

1. 60-day unconditional money-back. No questions, no retention desk. If you are not sure in the first 60 days, we refund you in full.
2. Self-Funding Guarantee. You only pay the subscription after we have freed at least its full cost in working capital for you. If we have not freed it by month twelve, the platform stays free until we do.
3. The take-away. We onboard four GCs per month. If your project or team is not a fit, we say so and point you to Associate. This is not selling. This is qualifying.

What design partners are saying.

The ask.

Apply for a 60-minute working session. We run the Clearinghouse against one of your live projects, on screen, with your real numbers. You walk out with a Capital Readiness Report whether we work together or not. If we accept your application, you start on the Builder tier under the guarantee. If we do not, you are welcome on Associate or you leave with a better diagnosis than you arrived with. That is the worst case.

P.S. The $48,000 you will burn on the next draw is not a line item your controller will flag. It shows up as a larger LOC draw next month. It is the cheapest thing on your P&L to fix, and the most expensive one to keep ignoring.