STORM RESTORATION PAYROLL FUNDING

Storm Restoration Payroll Funding.
Don’t Wait for the Final Invoice.

If your customer approves your crews' timesheets, those records and related interim invoices may support storm restoration factoring or other payroll funding options before the job is finished. Availability, fees and timing depend on a financing partner's underwriting and approval.

THE PROBLEM

The work is approved. The cash has not arrived.

Your payroll week ends Sunday, but your crews can’t wait weeks to get paid. Yet the project may continue for weeks, and the final invoice might not be approved until later. That timing gap can limit how many crews you can deploy.

THE SOLUTION

How approved timesheets may support invoice factoring and payroll funding.

01

Obtain approval

Collect customer-approved and signed timesheets with required supporting records.

02

Prepare interim invoices

We help prepare invoices for work your customer has already approved.

03

Financing review

A financing company checks the invoices and decides whether they qualify.

04

Fund payroll

Once approved and set up, you may receive funding within days of submitting eligible, approved timesheets, subject to your financing partner’s requirements.

TIMING MATTERS

Plan ahead so you're ready when the next storm hits.

Once your financing arrangement is approved and set up, funding for a payroll cycle ending Sunday may be available as early as Wednesday. First-time applications require underwriting and setup, which can take several weeks—and sometimes up to six weeks. Funding timelines depend on the financing partner and are not guaranteed.

BEFORE YOU APPLY

Questions worth asking first.

01

Are the timesheets approved?

Confirm who signs them, when approval occurs, and what documentation is required.

02

What is the total financing cost?

Ask how much money you'll receive up front, what fees you'll pay, and whether any money will be held back.

03

Who bears collection risk?

Ask who is responsible if your customer pays late or disputes an invoice.

THE NEXT STEP

Want to know whether your timesheets may qualify?

Describe your customer, approval process and expected payroll cycle. We can discuss the next steps.

Ask a Question