Latest article
Finance|8 min read
Expert strategies, comprehensive guides, and industry insights for growth-focused commercial subcontractors.
Latest article
Finance|8 min read
For general contractors, launching an early pay program is a strategic investment in your supply chain. The goals of your program are straightforward: generate margin, help subcontractors improve their cash flow to de-risk projects, and differentiate your company as a GC that actively supports its trade partners. Whether your early pay program is managed manually through [...]
Before general contractors decide to implement their own early pay programs, they need to identify the program’s objective, select a funding strategy, develop a plan for subcontractor adoption, and establish clear and consistent processes around invoice processing. The final step to take when implementing a new early pay program is to decide on a partner [...]
Many GCs are implementing early pay programs. However, the best ones increase margin, create additional revenue streams, and strengthen relationships across their subcontractor base. Getting there requires more than good intentions—it requires building the program correctly from the start. That’s why we created this series about the keys to successful early pay program implementation. These [...]
Clear objectives and a sustainable funding strategy are important considerations for a successful GC early pay program. However, they are only the beginning. The gap between a well-structured program and a high-performing one is almost always adoption. Subcontractors must be educated, engaged, and guided through the decision to participate—a process that doesn’t happen on its [...]
Forward-thinking general contractors who are looking for ways to address industry-wide cash flow challenges are increasingly turning to GC early pay programs to minimize risk, save time, and keep projects on track. While early pay programs have existed for decades in retail, manufacturing, consumer goods, and other sectors, they have recently gained traction in the [...]
The Billder's Bulletin
Join thousands of construction executives getting the Billder's Bulletin.