Payroll is due every two weeks whether or not last month's invoices have been paid yet.
Service businesses, contractors, agencies, consultancies, trades, live and die by the gap between when work gets done and when it gets paid for. A crew needs to be paid this Friday. The client's invoice isn't due for 45 days.
We fund service businesses against their revenue, not against equity or a personal guarantee on a piece of equipment. Whether that's a steady flow of recurring clients or lumpy, project-based work, we structure the repayment schedule around how the cash actually arrives.
Revenue-Based Funding covers most service-business needs, daily if revenue is steady and recurring, weekly if it's project-based and comes in batches. Businesses that already have financing in place and need more runway for a specific project can layer additional capital with our Second- and Third-Position Loans.
A general contracting firm needs $250,000 to cover payroll and materials on two active builds while a project holdback sits unpaid. They apply Tuesday, get approved by Wednesday, and the money lands Thursday, no card terminal or collateral required.
Common questions from service business owners.
