The Trust Problem
Construction involves large payments for work that takes time to complete. This creates risk for both parties.
Owner Risks
- Paying for work not completed
- Contractor disappearing with payment
- Quality issues after payment
Contractor Risks
- Completing work and not getting paid
- Client disputes after work is done
- Cash flow gaps during project
How Escrow Solves This
- Owner funds escrow for each milestone
- Contractor sees funds are available
- Contractor completes work
- Owner verifies and approves
- Funds release to contractor
Benefits
- Owners only pay for verified work
- Contractors are guaranteed payment
- Clear checkpoints for progress
- Reduced disputes
Bidroom's Escrow
Our platform automates escrow management with secure funding, milestone tracking, and rapid release upon approval.
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