Vertical Deep Dives

Construction: you don't have a capital problem, you have a timing problem

Progress billing, pay apps, and retainage sitting 90 days out. An advance against money you're already owed is the most expensive way to solve that.

June 28, 2026 · 7 min read

Mapping the pay-app cycle against payroll

Full copy for this section is pending final review. The argument is the one this practice makes everywhere: the structure of the deal matters more than the size of the offer, and the cost of finding out late is measured in years of terms you can't undo.

Retainage as trapped equity

Full copy for this section is pending final review. The argument is the one this practice makes everywhere: the structure of the deal matters more than the size of the offer, and the cost of finding out late is measured in years of terms you can't undo.

This is exactly what the Position Review calculates for your file.

Lines, mobilization funding, and invoice financing

Full copy for this section is pending final review. The argument is the one this practice makes everywhere: the structure of the deal matters more than the size of the offer, and the cost of finding out late is measured in years of terms you can't undo.

When an advance is genuinely the right call

Full copy for this section is pending final review. The argument is the one this practice makes everywhere: the structure of the deal matters more than the size of the offer, and the cost of finding out late is measured in years of terms you can't undo.

Construction capital

Find out what your file actually looks like before anyone submits it.