Building Together, for a Better Future
Build Now, launched in April 2022, aims to transform how small and medium enterprises in the construction sector manage their finances. Founded by a team with expertise in fintech, banking, and construction, we believe flexible credit solutions are key to growth and success.
Mission
We are facilitating access to credit for small and medium enterprises in the construction supply chain, while enabling them to purchase materials at the best prices. We seek to support the growth of these companies and enhance their ability to compete in the market by providing innovative and reliable solutions.
Vision
By 2027, we aim to become the primary partner for small and medium enterprises in the construction supply chain, providing them with easy access to credit and obtaining materials at the best prices.
Why Buildnow?
Three main benefits for partnering with us and taking advantage of what we offer.
Flexibility
Choose from a wide range of suppliers with flexible payment options that match your business needs and flows.
Easiness
All your needs are managed through our digital platform seamlessly, saving you time and effort compared to traditional procedures.
Speed
We provide you with the ability to obtain materials quickly and easily, Helping to complete projects more efficiently and without any delays
Impact on small and medium enterprises
$42 billion worth of goods are traded annually within the construction supply chain in Saudi Arabia alone. Suppliers can only offer limited credit — in terms of amount and duration — to buyers. Credit is offered based on relationships rather than an objective assessment of risk. Given that small and medium enterprises that buy these materials get paid only later, leading to a cash crisis for small and medium enterprises within the sector and puts them at a disadvantage against larger players.
Credit management and improvement for the construction supply chain
Using a credit management platform and an extensive supply chain network, Buildnow digitally captures data points such as financial statements, legal status, and market reputation of a buyer to better evaluate credit risk. This enables Buildnow to provide materials in credit terms designed for buyers with cash in advance payment to suppliers of small and medium enterprises.
Join our Team!
Are you ready to develop your career? Join us now and take advantage of unique opportunities to make your mark in Buildnow! Whether you're an expert or just started your career, we're looking for ambitious talents.