The Future of Construction Payments is Free

Built’s no-cost payments and lien waiver solution — an industry first — launches today at Procore Groundbreak 2025

Built, the AI-powered platform transforming real estate finance, today launched Built Payments with Lien Waivers, the industry’s first no-cost digital payments and lien waiver workflow for the construction industry. The solution is designed for everyone from general contractors and subcontractors to owners and developers. It allows businesses to send secure digital payments at no cost while automatically managing lien waivers in the same workflow whenever projects require them. The solution officially debuts today at Procore Groundbreak 2025.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251014067721/en/

Built Payments with Lien Waivers is the construction industry’s first no-cost digital payments and lien waiver solution, allowing contractors, subcontractors, owners, and developers to send secure payments for free while automatically managing lien waivers in the same workflow. The lightweight, Procore-integrated platform enables faster, simpler, and more transparent project payments across the construction ecosystem.

Built Payments with Lien Waivers is the construction industry’s first no-cost digital payments and lien waiver solution, allowing contractors, subcontractors, owners, and developers to send secure payments for free while automatically managing lien waivers in the same workflow. The lightweight, Procore-integrated platform enables faster, simpler, and more transparent project payments across the construction ecosystem.

“This is a line in the sand. We’re designing low to no-cost solutions to help people pay and get paid faster and easier. With Built, making digital payments is free and lien waiver management comes built in. It is faster, it is simpler, and once you experience it there is no going back,” said Chase Gilbert, Co-founder and CEO of Built. “Unlike the costly and often complex systems that have slowed this industry down, Built delivers a lightweight solution designed so that any builder, from the largest GC to the smallest subcontractor, can get up and running the same day. This is more than a new tool. It is a new standard for how money should move in construction. And it is just the beginning of how we will deliver the connected financial system this industry deserves.”

Why It Matters

Construction finance has been weighed down by the same problems for decades: paper checks that take days to clear, lien waivers that arrive late or incomplete, and reconciliations that consume hours at month-end. These delays stall projects, frustrate vendors and owners, and leave back-office teams carrying the burden of extra work just to keep payments moving. The impact is especially hard on small and mid-size businesses and builders, who are often underserved by existing solutions that are too expensive or too difficult to onboard.

For the first time, any construction business can pay payables for free with digital payments and, if required, attach lien waivers in one simple workflow. Built changes industry norms by processing payments and automatically generating lien waivers tied to each disbursement, ensuring compliance without extra steps. Payment recipients can optionally elect even faster access to their money for a small fee. Finance teams gain real-time visibility into cash flow and project status without relying on duplicate systems, manual tracking, or hidden fees. At the same time, subcontractors receive payment for free when they expect it, general contractors reduce overhead and avoid delays, and owners and developers gain confidence knowing every downstream vendor is being paid to keep their project moving forward.

Pricing and Access

Any firm can send unlimited digital payments through Built at no cost, with lien waiver management automatically included for free. Payment recipients never pay to access the system or receive digital payments but can optionally choose to receive funds even faster for a small fee. Businesses that want lien waiver management on its own, without committing to digital payments, can subscribe for a flat $1,000 per month, which includes unlimited waivers, templates, projects, and users.

How It Works

With Built, construction businesses and project teams get more than just free payments and waivers. Unlike heavyweight, bolt-on systems that require lengthy onboarding and add complexity, Built delivers a lightweight, elegant solution that businesses of all sizes can adopt in minutes.

Built Payments with Lien Waivers integrates with Procore Financials and is compatible with the vast majority of construction and accounting platforms.

General contractors and subcontractors can manage unlimited projects and team members in one place, create state-mandated or custom lien waiver templates with a self-serve designer, and send secure digital payments, with waivers collected automatically. Vendors can be added with unlimited free accounts, making it easy for every partner on a project to get paid and stay compliant.

For those looking for a more robust solution, Built offers a full construction payables, budgeting, draw management, and project financials platform with built-in integrations and free digital payments.

Win a Ford full-size truck, or cash equivalent up to $52,000

To celebrate the launch, every contractor, owner or developer who signs up and creates an account for lien waiver management and sends their first payment or requests and completes a live virtual demo of Built Lien Waivers, Compliance and Payments or Built Construction Financials by November 25, 2025, will be entered to win a Ford full-size truck, or cash equivalent up to $52,000. Additional entry methods for the Built to Move Money Sweepstakes are available, including through demos and event activities.

Attendees at Procore Groundbreak 2025 will have exclusive opportunities to demo Built solutions, participate in the giveaway, and see firsthand how they work seamlessly alongside Procore’s Construction Financials.

Learn more at https://getbuilt.com/built-to-move-money/.

About Built

Built is the AI-powered platform transforming the way real estate is financed, developed, and managed. Purpose-built for real estate and construction, Built began by fixing construction draw management for lenders and has grown into a comprehensive operating system addressing some of the industry’s most complex challenges. Through its connected product suite, Built enables stakeholders to finance, develop, build, own, and operate smarter—all in one place. The platform brings together loans, deals, portfolios, payments, inspections, and collaboration to deliver faster execution, greater transparency, efficiency, and trust across the industry. Today, Built is a partner to more than 350 lenders, over 80,000 borrowers and owners, and thousands of contractors, powering 86,000 active projects valued at more than $300 billion. Learn more at getbuilt.com.

*NO PURCHASE NECESSARY. Open only to legal residents of the 50 U.S. states or D.C. (excluding New York), 18+. Sweepstakes ends November 24, 2025, at 11:59 PM CT. Winner may be subject to verification requirements. For Official Rules and applicable restrictions, see: https://getbuilt.com/built-to-move-money-rules.

“With Built, making digital payments are free and lien waiver management comes built in. It is faster, it is simpler, and once you experience it there is no going back." - Chase Gilbert, CEO & Co-founder, Built

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