Construction Payments
SOLVED.
Industry specific workflows featuring multiple payment options, electronic lien waivers in exchange for payment, digital joint checks and more.
The Struxtion XPay Solution
Construction Industry Focused
Struxtion’s XPay Platform leverages best of breed financial technologies to provide a secure and simple payment-as-a-service solution custom built to address the challenges the construction industry faces with other payment providers.
Our solution incorporates workflows specific to construction allowing payors to make payment electronically or by check, including a simple onboarding process, the digital exchange of lien waivers at the time of payment, and advanced digital joint checks all supported by hands-on customer support.
Roles We Serve
Payors
Struxtion provides a secure full service self-administered platform that simplifies payments to trade partners and vendors, offering electronic and paper check disbursements, coupled with digital lien waivers and an embedded optional early payment program.
*Struxtion is a financial technology company and not a bank. Banking services are provided by Lewis & Clark Bank, Member FDIC.
Payees
Our payment platform provides reliable, predictable cashflow through a secure and simple-to-use portal that allows payment flexibility, transparency, and digital lien waiver for trade contractors and vendors.
Owners & Developers
Struxtion’s flexible, project and role-based platform allows key stakeholders, like owners and developers, the ability to reduce financial risk by increasing the transparency and security of payments through project level funds control.
Key Benefits & Features
Self-Administered
Platform
Invite specialty contractors and vendors, create projects, and trigger bulk ACH and paper check payments.
Easy Onboarding For
Specialty Contractors
Three easy and secure steps to connect through a system triggered email invite with automated follow-ups to ensure the highest user adoption, including off-platform paper check payment options.
Customizable Approval
Workflows
With Struxtion’s customizable workflows, companies can control their approval processes with detail and certainty.
Payment Options
(ACH or Check)
Struxtion allows you to pay all payee types (Subs and Vendors). Our embedded finance solution enables tools such as digital joint checks and treasury management.
Conditional Payments &
Digital Lien Waivers
A 21st century upgrade to traditional joint checks with GC controlled electronic payments to subcontractors and their lower tier suppliers, including electronic lien waiver collection. Lien waivers are triggered with electronic signatures at the time the payment is issued to the Specialty Contractor.
XPay+ Early Pay
Program
Platform managed option for specialty contractors to be paid in a little as 1 day after invoice, providing revenue opportunity for general contractors.
Transparent & Secure
Platform Access
- RGeofencing
- RControlled Access
- RMulti-factor Authentication
Account Changes
- RPLAID Connections for secure ACH
- RFraud Alerts
- RPayment lock-out period after account change
Payment Account
- RDedicated zero balance payment account
- RPositive Pay
- RChecks issued without corporate account numbers directly on the check
Our Executive Team
Gregg Lund
Founder and CEO
Over the past 20 years, Gregg has originated and structured $500M+ of capital transactions including debt, equity and M&A related to corporate and real estate assets. He’s also racked up experience in CEO/CFO roles for privately-held organizations and diverse holding companies.
Dan Coleman
COO
Dan has extensive finance experience in the commercial real estate and construction industry. He brings decades of leadership, analysis and investment experience to Struxtion.
See Struxtion In Action!
Our Partners
