DrawLogic validates every construction draw against verified field progress — so lenders pay the right amount, lien waivers sign themselves, and everyone works from one report.
The mission · why DrawLogic exists
No dollar ahead of the work.Every draw funds what the field can prove — verified on site, clear of liens, not a dollar more.
Every month, money goes out against a pay application. Get it wrong and the lender over-funds work that isn't there, retainage slips, and a missed lien waiver becomes a claim on the property. The tools built for this are enterprise-priced, quote-gated, and take months to stand up.
Contractors bill ahead of the work. Without field validation, the lender funds the gap — and never gets it back.
Conditional and unconditional waivers get chased on paper, draw after draw. One gap is a mechanics lien.
Inspections, photos, pay apps, and reports live in five places. Closing a draw takes a week it shouldn't.
Opaque quotes, portfolio-only contracts, long onboarding. Fine for a money-center bank. Wrong for one project.
Budget, schedule of values, schedule, and parties. Import a pay-app file or fill it in. Live in a day.
The field inspector certifies each line against photos, video, and voice notes — captured on the spot.
DrawLogic recommends the funded amount, flags work billed ahead, and holds retainage automatically.
Conditional and unconditional lien waivers auto-populate and sign off the master agreement. The lender gets the report.
Every line checked against verified field progress. The recommended disbursement, with the evidence behind it.
Photos, video, and voice notes compiled by CSI code in schedule-of-values order — no matter the capture order.
Conditional and unconditional waivers generated, populated, and signed off a master agreement at certification.
Import a real P6/MSP schedule. See critical path, float, and where the slip lives — draw over draw.
Retainage held automatically, contingency tracked against work remaining, overbilling flagged before it funds.
The lender opens a clean oversight report, sees the decision and the field evidence, and approves the release.
When DrawLogic holds an amount, it isn't an opinion — it's an audit trail. Open any held line and see exactly what the field could prove: the photo, the CSI code, the GPS pin, the inspector, the timestamp. The lender funds on proof, not trust — and every dollar can be opened and checked.
Regional banks, credit unions, and hard-money lenders who need to fund the right amount, hold a clean audit trail, and stay covered on waivers.
Single-project and small-portfolio owners who want draws funding on time, transparent fees, and a straight read on where the project stands.
Small and mid GCs who want to bill clean, prove the work, and break into larger projects with the oversight lenders trust.
The enterprise tools were built for institutions buying portfolio contracts — high floor, opaque pricing, long onboarding. DrawLogic takes the lane they leave: one project, transparent terms, stood up fast.
Pick the shape that fits the deal. No discount games — the value is in protecting the capital and closing the draw clean.
The fee is due when each oversight report is submitted — one report per draw, billed as you go.
A flat monthly rate, charged automatically — every project, every draw, one predictable line.
Prefer to collect when the draw releases? We can tie the fee to funding — optional, never required.
Lien-waiver services available as an add-on line. Talk to us about your projects →
Yes. Terra Development runs on DrawLogic as its first tenant — "Terra Development, powered by DrawLogic." The same engine is available to other lenders, developers, and builders.
No — DrawLogic works from your G702/G703 pay application. Import the file and it pre-fills; the field walk and validation happen on top of the process you already run.
Parties sign a master agreement once at project setup. At certification, conditional and unconditional waivers auto-populate and sign; the unconditional takes effect when payment releases. Statutory forms vary by state — that's handled per jurisdiction.
One project, one day. Set up the budget and schedule of values, and you can walk the first draw immediately.
Two simple ways: the fee is paid when each oversight report is submitted, or it's auto-paid monthly — whichever fits how you work. Capture-at-draw (collecting when the draw funds) is available too, but never required. Transparent, no quote-gating.