Financing for the purchase of construction materials.

Buy upfront or on 30, 60 or 90-day credit. Your supplier gets paid on delivery.

Contractors and suppliers on one platform.

For contractors · Upfront or on credit

Buy now. Pay later.

Buy from verified suppliers upfront or with a revolving credit line backed by Parex. Every upfront purchase builds your payment history and improves the terms of your financing.

WhenDuring active construction
HowParex guarantees payment to the supplier
RepaymentFrom project cash flows, on agreed terms
Purchase order
Request
Santa Lucía Building
Structural steel · Phase 2
Order value
COP $48,500,000
Supplier
Northern Steels Ltd.
Verified
Delivery progress
25%
Request
Approval
Delivery
Repayment
Activity
  • Request created · Structural steel, 120 tjust now
Materials on site. You pay in 60 days.

How it works.

Three steps. From purchase order to supplier payment.

Account setup
Parex
Active
Account created
Verified · active
Ready
Catalog connected
Products listed
Ready
Project linked
Ready to order
Ready
Purchase order
Santa Lucía Building
Approved
Product
Structural steel
Phase
Phase 2 · active
Supplier
MetalCorp S.A.S.
Ready
Payment to supplier
Complete
Delivery confirmed
Materials received by the contractor
FromParex
ToMetalCorp S.A.S.
ReferencePX-2604-01

Who Parex is for.

Parex connects contractors and suppliers in a financed marketplace.

Purchase order
Cement240 u
Rebar8 t
Concrete blocks3.200 u
30 days60 days90 days
Pay later
For contractors

Buy materials without stalling the build.

  • You have active construction projects and need materials without committing working capital.
  • You can share basic project information digitally.
  • You have struggled to get credit on time to keep your projects moving.
Request a call
PaymentDelivery confirmed
COP $12.400.000
Paid by Parex · Order PX-2604-01
DeliveryPayment
No credit risk
For suppliers

Sell more. Get paid on delivery day.

  • You sell construction materials to building companies.
  • You want to expand your customer base without taking on credit risk.
  • You can fulfill purchase orders and confirm delivery digitally.
Request a call
Quoter · For contractors

Quote from a single list.

Compare the offers of verified suppliers and get your quote with shipping and taxes included.

  • One offer for each material

    Our engine picks the lowest price among the offers available in Parex and can combine several suppliers.

  • Only what is in stock

    Only offers with enough stock that ship to your city today are counted.

  • Upfront or on 30, 60 or 90-day credit

    Turn your quote into an order and pay the way you prefer.

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.

Yes. On Parex you can buy materials upfront or on credit. Every upfront purchase lets us learn your payment behavior, and with that history we can offer you better financing on your next purchases.

Once we receive all your documents, we tell you within 48 hours whether you qualify for a credit line. The line is revolving: as you repay, the available amount is released and you can use it again.

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.

Credit decision within 48 hours of receiving your documents

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