Earn extra revenue on your accounts payable with Early Pay.
Constrafor sets your subcontractors up with early payment on their invoices and hands you rebate revenue, turning your accounts payable into a profit center, with no need to implement or change anything in your existing process.
Plus, you’ll de-risk your projects and become the GC every great subcontractor wants to work for with faster payments.
Earn extra revenue
Stabilize your projects
Attract top quality subcontractors
Not just a profit center, a project stabilizer
By accelerating payments to subcontractors with Early Pay, you earn a rebate, we also help you stabilize your projects by ensuring subcontractors’ businesses have effective cash flow.
Decreased risk, increased transparency
Early Pay offers you and your subcontractors transparency with credit qualification controls that ensure we’ve limited any risk.
Better reputation, better growth
Ultimately, stable subcontractors are better subcontractors. Attract the top talent and grow your footprint.
How Constrafor Early Pay works
Partnering with Constrafor to offer Early Pay requires no initial cost or tech integration. We function in your normal AP workflow.
Constrafor pays your subcontractors early by factoring the invoice, smoothing out their cash flow with our balance sheet.
Frequently Asked Questions
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How much time does it take to set up an Early Pay partnership?
We can set up an Early Pay partnership within 1-2 weeks, depending on your internal approval and legal review time. We'll establish terms, provide a landing page for your Subs to request early payments, and more. There are no startup costs involved.
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Why have top general contractors started offering accelerated payment programs?
The top general contractors have realized that accelerated payments are a great way to de-risk and scale up their business, but they don't have the financial solutions in place. By partnering with Constrafor, you can quickly stand up a solution for your subcontractors using our financing and technology.
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How does Constrafor review and approve subcontractors for Early Pay?
Constrafor can provide a full credit assessment process. Typically, as soon as a subcontractor submits their invoice, and it’s approved, it will be eligible within the program. Once general contractor approval is complete, the subcontractor can receive payment within 48 hours.
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Are there any limitations to the kinds of projects or invoices that can be included in an Early Pay program?
Right now, Constrafor Early Pay is not operating in California. We aim to cover all projects and invoice types, but we do not fund retainage invoices.
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What other General Contractors are already partnered with Constrafor to provide Early Pay?