Financial Terms & Fund Control
Engineered for absolute capital security. Proportal is an operation of Property Excellence Limited.
Third-Party Custody Protocol
Important Financial Disclosure:
Construction project funds are NOT held by Property Excellence Limited, nor are they stored inside the Proportal software terminal.
Vaulted by Paystack
All capital is held in custody by Paystack, a leading financial licensed company. Paystack is a PCI-compliant payment processor and is insured by the National Deposit Insurance Corporation (NDIC).
By using our Secured Fund model, you agree that Proportal acts only as an instructional gateway. We provide the software interface to lock and release funds based on your milestone approvals, but the physical liquidity remains in the regulated Nigerian banking sector via our partnership with Paystack.
The "Fund First" Model
Users must pre-fund the next construction milestone to mobilize site managers. This deposit ensures:
- Builder Protection: Your money cannot be withdrawn by the site manager without your explicit multi-sig approval of the milestone.
- Manager Protection: Professionals can work with confidence knowing that 100% of their payment is already secured in the vault.
- Zero-Diversion: Funds cannot be used for any other purpose than the specific project they were deposited for.
Fees & Commissions
Property Excellence Limited charges a platform oversight fee (The "Provisioning Fee") for every project deployed on Proportal. This fee covers site monitoring hardware, cloud storage for video logs, and AI budget analysis audits. Payment processing fees may be applied by Paystack as per standard Nigerian banking regulations.