Turn Unpaid Invoices into Working Capital
Consultants and subcontractors are staffed. Payroll and vendor costs start immediately.
Work is delivered, but invoicing waits for milestone sign-off or month-end billing.
Procurement and AP review the invoice. Terms typically start from approval, not submission.
Payment lands, often a full quarter after the first delivery cost was incurred.
Yes, though the structure matters. Financing is generally available against invoices for work already delivered and accepted. Milestone billing simply means fewer, larger receivables rather than a steady stream, which is accounted for in how the facility is sized.
Both are financeable. Time-and-materials billing backed by approved timesheets tends to move fastest through diligence, since the supporting documentation is clear. Fixed-fee milestone work is financeable once the milestone has been accepted.
It is factored into the analysis but is not a barrier. What matters is that the receivable represents delivered work owed by a creditworthy client. Some firms use the facility specifically to pay subcontractors on time while waiting on enterprise payment cycles.
Often yes, though pay-when-paid provisions in the subcontract are a key consideration. Those terms affect how the receivable is viewed, so we review the underlying agreement before proposing a structure.
Initial review and matching typically takes 24 to 72 hours, with diligence running one to two weeks. Once a facility is in place, funding against new approved invoices is usually same day or next business day.
