Storm restoration companies are society’s lifeline in the aftermath of devastating natural disasters. They answer the call and brave life and limb to restore vital services to the afflicted. But if you own a storm restoration company you are only too aware that answering the call often means waiting 90 days or more after your work is completed to receive payment. What do you do in the meantime? What if there’s another situation where your services are needed? What if you can’t muster the linemen and other pros necessary because you haven’t been able to pay them for the last disaster yet? That’s where we come in. We’re Payost. We build bridges between storm restoration companies and the people that depend on them.
In today’s environment all it takes is the appearance of a problem to sully potential business relationships. With Payost that will never happen. All interactions between your company and Payost stay between your company and Payost. Utility companies will never learn from us that you required funding and your outstanding reputation will remain intact.
Leading Edge Technology:
At Payost we combine the latest technological advancements with our years of expertise to provide business owners near and far with the financing solutions they need. Our industry-best security team ensures every aspect of every interaction and transaction is completely safe and secure, and executed at lightning speed. In this way we are able to be a fast and effective answer to the scores of GCs and subcontractors out there currently muddling their way through invoice limbo.
Put Payost to Work for You:
The members of our founding team have devised a model for advance funding that removes the onus from the payee and instead leverages the creditworthiness of the invoice holder to enable fast, low-cost invoice financing solutions that benefit everyone. Visit our Apply Now page to put the power of Payost to work for your storm restoration business.
What We Do:
Utilities often make contractors and subcontractors like yourself wait 90 days or more to pay off your invoice. How are you supposed to meet payroll and, if necessary, mobilize for the next storm if you haven’t been paid in months? At Payost we hear you. And we make it our mission to provide you a simple mechanism for bridging the financial gap in a way that’s in everyone’s interest.
With Payost there’s no credit check, no personal guarantee, no recourse, no collateral, no credit line and no banks. We're the fast, simple, effective solution you need to bridge the financing gap and keep your men and machines in the game. If the utility company or other AAA credit rated company has signed off on the work you performed, then we can help you.
What Sets Us Apart:
The things that set Payost apart from banks and other traditional financial institutions are the things that best characterize business in the 21st century: accessibility and convenience. With Payost you don’t need to have had an account with us for 20 years to get the financing you need. We’re here for any company that has a utility or other AAA credit rated business sign off on their invoices.
Once you decide you would like to take advantage of our services it takes only seconds to contact us and get the ball rolling. And once you are approved there is no waiting weeks for the Executive VP of the bank to return from vacation and sign off on a loan. The money you need may arrive in your bank account as early as the very next day.
Experience the Payost Difference:
You work hard. The men on your crews work hard. The subcontractors who depend on you work hard. It’s time someone worked hard for you. Payost helps ensure your ability to deliver vital services is not held hostage to outstanding invoices. Contact Payost today and tell us who you are and what you need. If you have outstanding invoices with utilities or other AAA credit rated companies we can help.
The founders of Payost have extensive experience in financial services, business management, IT security, and infrastructure development.
They started Payost with these essential goals in mind:
- Employ technological advances in new and innovative ways to benefit storm restoration companies.
- Provide much needed financial stability that would enable these companies to perform their vital work more effectively so they can better position themselves for growth.
- Devise a model that does all of the above through a process that’s simple, dependable and free of the myriad barriers established by banks and other traditional institutions.
- Create a cascading effect where communities as a whole would be safer, more secure, and better able to recover quickly from natural disasters.
Put Payost to Work for You
The members of our founding team have devised a model for advance funding that removes the onus from the payee and instead utilizes the creditworthiness of the invoice holder. This enables fast, low-cost invoice financing solutions that benefit everyone.
Visit our Apply Now page to put the power of Payost to work for your storm restoration business.