Yes! This is a recent example of a new client that is a builder.
We had been assisting a concreter and framer with our invoice finance service as their builder client paid them between 30-45 days. I asked these clients if I could speak to their builder about a different and possibly more cost effective way that they could be paid.
They setup a meeting with the builder and as it turned out, they had other subbies that often would request early payment from their accounts payable person. They went ahead quite quickly with setting up a supply chain finance facility to offer the concreter and framer early payment and not long after they also setup another 5 subbies on the same arrangement. In our first two months we have added around $14,000 to the builders bottom line through the rebates they earned from the subbies early payment fees.
Subbies are also happy that they can manage their cashflow better as well.