How do I pay vendors from my asset bank accounts on the Covercy GP platform?

GPs (General Partners) can manage paying their vendors and service providers such as accountants, attorneys, general contractors, and utility companies via ACH or wire. This can come right from the asset/fund OPEX or CAPEX bank accounts.

1. On the Covercy GP Platform, Select "PAY" and then select which bank account.

pay vendors

2. Add the details. You can select ACH or Wire.

pay vendors with ACH or wire payments