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Restoreproof's Loss Draft Program
The Restoreproof Loss Draft Program provides contractors the ability to "factor" their work on restoration projects, and provides a complete solution to the "loss draft" process, for everyone involved.

Restoreproof combines a proprietary, Internet-based application with a dedicated Project Coordinator, to minimize the time between beginning restoration work and final payment. Restoreproof's easy-to-use online system enables all parties to work together more rapidly and more effectively, using features that include:
  • Paperwork Repository
  • Project Management Tools
  • Secure Payment Management
  • Collaborative Communication
Further, your Project Coordinator, who is specifically assigned to your restoration project, provides a single-point of access for the mortgage holder, the homeowner and the contractor, and ensures that the loss draft process is proactively managed from start to finish.
Solving the "Loss Draft" Headache
Restoreproof provides Contractors a way to proactively manage cash flow in a way never before possible on restoration projects.

The Headache:
  • Even under the best of circumstances, it takes time for mortgage holders to manage their internal loss draft process, which often delays disbursements to contractor.
  • This forces Contractors to require more working capital, take on fewer projects and realize less profit.
The Restore Proof Solution:
  • With Restoreproof, Contractors can factor the "receivables" created by work on a specific restoration project.
  • Restoreproof assumes responsibility for collecting the funds from the mortgage holder.
  • This enables Contractors to receive payments immediately on specific phases of work.
  • Factoring with Restoreproof = More Working Capital, Capacity for More Projects, and More Profit!
Contractors..

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