How it works. Enroll your subs in QuickPay. When they want to get paid early, Viva funds the advance. You earn a rebate, and your projects run smoother because your subs are stronger.
QuickPay for general contractors
Your subs are carrying cash-flow risk for you. Fix it, and help them get paid faster.
QuickPay lets you offer your subcontractors early payment. Viva funds the advances, your subs get paid faster, and you earn rebates based on how quickly they’re repaid. It costs you nothing.
One general contractor can make a difference by strengthening every sub they enroll.
Rebate structure. With QuickPay, the GC earns rebates based on the speed of sub repayment, turning a program that helps your subs into one that also helps your bottom line. No capital outlay, no risk to your balance sheet. Talk to us, and we'll model the rebate on your sub base.
Why GCs do it. Strong subs finish projects. QuickPay strengthens every sub you enroll without costing you capital, and Nova ties what's happening on the project to your numbers.
See what the program pays you back.
Set a pay app amount, the discount your subs accept, and how fast they’re repaid. The faster the repayment, the bigger your share of the discount.
Discount your subs accept
No capital outlay. Your rebate comes out of the discount your sub already accepted.
Discount split
Your share 1.20%Viva 1.05%
Total discount on this pay app$2,250
Your rebate on this pay app$1,201
Estimated annual rebate income
$8,645
$720/mo × 12, at 60% of your invoices
Your rebate by repayment window
Day 1 – 16
$1,470
@ 1.47%
Day 17 – 29
$870
@ 0.87%
Day 30 – 45
$440
@ 0.44%
Does QuickPay cost the GC anything?
No. Viva Capital is the financing partner that funds the advances, so offering QuickPay to your subs costs you nothing, and you earn rebates.
How do the rebates work?
You earn a rebate based on how quickly your subs’ advances are repaid, turning a program that helps your subs into one that also helps your bottom line.
Do my subs have to use it?
No. QuickPay is there for the subs who want to get paid early. It’s optional for them and doesn’t change your normal payment process.
Who funds the advances?
Viva Capital funds them, not you. You enroll your subs; Viva Capital provides the capital.
How much rebate does a GC actually get?
The rebate scales with how quickly your subs repay.
Is the rebate paid per invoice or in aggregate?
Per invoice, once it’s repaid. The sooner it’s repaid, the larger the rebate.
Does offering QuickPay affect our relationship with subs?
It strengthens it. Your subs get paid faster without you having to spend your own capital, so they’re stronger, and your projects run more smoothly.