The challenge
Roading and construction contracts often run for weeks or months before a milestone payment is received. In the meantime, fuel, machinery costs, subcontractor payments and wages need to be funded from existing resources — limiting how many contracts the business could take on at once.
How they use FundTap
Asphalt Construction funds key milestone invoices as they’re raised. The money arrives the same day, covering ongoing project costs until the client payment is received.
The result
- Able to take on multiple large contracts simultaneously
- Subbies and suppliers paid on time, maintaining strong relationships
- Growth in annual revenue enabled by better management of payment timing
