Collect the deposit before you buy the materials
Contractors front materials and labor on every job, then wait on draws and final payments. Finli from your bank or credit union puts quotes, deposits, progress invoices and sub payments in one place, with the money settling in your own account.
What gets in the way
Fronting materials and labor
Lumber, fixtures and crew pay go out before the owner pays. Without a deposit and clear draws, the contractor ends up financing the job.
Paperwork every owner expects
Signed quotes, change orders, certificates of insurance and lien waivers need to travel with the money, or payments stall.
Subs want to be paid on time
Subcontractors expect payment when the draw clears. Tracking who is owed what, with W-9s on file, is a weekly job.
A week at a remodeling contractor working with a handful of regular subcontractors
- Bid sentSend an itemized quote with scope, materials and allowances that the owner approves online.
- Deposit collectedA deposit is requested on approval and paid by bank transfer, so materials are covered before day one.
- Progress invoiceAt each milestone, bill the next draw against the contract, with photos and the signed change order attached.
- Lien waiver sentA conditional lien waiver is generated with each progress payment for the owner's records.
- Subs paidIn early access: pay subcontractors from business checking, with W-9s on file and 1099 totals tracked.
- Final paymentThe final invoice goes out at the walkthrough, with reminders until it is paid into your account.
Built for contractors
Quotes with online approval
Itemized bids the owner approves online, then converted to invoices without retyping.
Deposits on approval
Request a deposit as part of quote approval, so material orders are funded before work starts.
Progress billing
Bill a job in stages against the original quote, with each draw tracked against the contract total.
Lien waivers with payments
A conditional lien waiver generated alongside each progress payment and kept on the job record.
Certificates of insurance
Store your certificate of insurance and send it with the quote when an owner or HOA asks for it.
Job documents on one record
Signed contracts, change orders and photos stored with the customer's payment history and notes.
Subcontractor payoutsIn pilot
Pay subs from business checking. They choose how to get paid; W-9s and 1099 totals are tracked. Now in pilot.
For banks and credit unions
Contractors run large amounts through their accounts in bursts: deposits in, materials and subs out, draws in again. A branded billing program keeps those deposits and draws settling at your institution and gives your lenders a view of job-level cash flow before the line of credit request arrives.
Where these businesses grow next
- Business line of credit
- Equipment financing
- Treasury management
Generates a conditional lien waiver with each progress payment and keeps it on the job record with the signed quote and change orders.
Talk to our teamCommon questions
Can I bill a job in stages?
Can owners pay large draws without a card fee?
Do I have to handle my subcontractors' bank details?
More in trades and field services
Finli is offered through your financial institution
Banks, credit unions and community lenders offer Finli under their own name, so your payments settle with the institution you already use. Tell us where you bank and we’ll ask them for you.