Parex
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Financing for the purchase of construction materials.

Buy today and pay in 30, 60, or 90 days. Your supplier gets paid on delivery. Parex covers every order.

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Contractors and suppliers on one platform.

Buy today. Pay later.

Access a catalog of verified suppliers and issue purchase orders backed by Parex. No project capital tied up upfront.

When
During active construction
How
Parex guarantees payment to the supplier
Repayment
From project cash flows, on agreed terms
Purchase order
Financed
Santa Lucía Building
Structural steel · Phase 2
Supplier
Northern Steels Ltd.
Verified
Delivery progress
75%
Request
Approval
Delivery
Repayment
PX-2604-01Delivery in progress

How it works.

Account setup
Parex
Active
Account created
Verified · active
Ready
Catalog connected
Products listed
Ready
Project linked
Ready to order
Ready
Step 01

Register

Create your account and connect your operation to the platform. You are up and running in minutes, whether as a contractor or a supplier.

Purchase order
Santa Lucía Building
Approved
Product
Structural steel
Phase
Phase 2 · active
Supplier
MetalCorp S.A.S.
Ready
Step 02

Order

The contractor selects materials from the catalog and submits a purchase order. Parex approves the financing and guarantees payment to the supplier.

Payment to supplier
Complete
Delivery confirmed
Materials received by the contractor
FromParex
ToMetalCorp S.A.S.
ReferencePX-2604-01
Step 03

Delivery

The supplier dispatches the materials and gets paid on the day of confirmed delivery. The contractor repays Parex on agreed terms, from project cash flows.

Who Parex is for.

Parex connects contractors and suppliers in a financed marketplace.

For contractors
  • 01You have active construction projects and need materials without committing working capital.
  • 02You can share basic project information digitally.
  • 03You have struggled to get credit on time to keep your projects moving.
For suppliers
  • 01You sell construction materials to building companies.
  • 02You want to expand your customer base without taking on credit risk.
  • 03You can fulfill purchase orders and confirm delivery digitally.

Frequently asked questions.

The contractor selects materials from the catalog and submits a purchase order. Parex approves the financing, guarantees payment to the supplier on the day of delivery and the contractor repays in 30, 60 or 90 days from project cash flows.

Parex pays the supplier directly on the day delivery is confirmed. The supplier takes on no credit risk. Parex holds the risk.

Prior experience with completed and delivered projects is ideal. Collateral is not required, though operating under a regulated trust is a positive factor in the evaluation.

Parex currently operates in Colombia. If you have projects in another market, reach out and we will evaluate how we can help.

Schedule a meeting with our team and tell us what materials you offer. From there we handle the onboarding, import your catalog and you can start selling on credit to your clients through Parex.

For contractors: Parex covers material costs when project cash flow falls short. Every time you repay, we report your payment behavior to credit bureaus, helping you build a credit history for future projects.

For suppliers: you receive guaranteed purchase orders from day one, expand your client base without advancing capital and without taking on credit risk.

Talk to us

Tell us about your operation.

Book a 30-minute call and let's see how Parex fits your operation.