06/01/2026
If you sub work to GCs, you already know this rhythm. Pay app goes in Tuesday. The check shows up six weeks later, after the architect signs the pencil revision and the bank funds the requisition. None of which is on your schedule.
In the meantime, you ran two crews through the week, paid them on Friday, and you're waiting on the next load of materials that came in on net 30 terms.
This is what a line of credit was built for. Up to $250K, revolving. You draw to cover materials and payroll, pay it back when the GC's check clears, and the line is there for the next job.
Invoice and receivables financing is the other option. You borrow against the pay app itself, and the cash hits in days. No waiting on the GC.
We work with electrical, plumbing, roofing, and concrete subs from the Tri-State down to Atlanta. One-page application. Three months of bank statements.
If a 60-day receivable is making you turn down work that starts in 30, call or visit us online.
Call (888) 811-6101 or kingcapitalnyc.com.