---
title: "Contractor Financing When the Money Is Earned but Stuck in Net-30 Draws (2026)"
description: "Payroll hits Friday whether the GC pays or not. How contractors bridge draw schedules, net-30 and net-60 invoices, and retainage, and which product fits which gap."
canonical: "https://wayfindhq.com/guides/contractor-financing-net-30-draw-schedule-gap"
author: "Wayfind Editorial"
reviewer: "Reviewed by a commercial-finance advisor"
datePublished: "2026-07-07"
dateModified: "2026-07-07"
---

# Contractor Financing When the Money Is Earned but Stuck in Net-30 Draws (2026)

When a contractor's money is earned but sitting in net-30 invoices, draw schedules, or retainage, the fitting products are weekly-payment working capital, invoice factoring, or a bank line of credit, not daily card-holdback advances built for retail. Match the product to the gap: factoring for slow invoices, working capital for payroll and mobilization, and nothing at all when repayment would depend on a single delayed draw.

## The money is earned, it is just not in the bank: the short answer

Contracting has a cash-flow shape most financing was never built for. You front materials and mobilization before draw one, payroll hits every Friday whether the GC pays or not, invoices run net 30 or net 60, and retainage holds your profit until well after the work is done. The fitting products are **weekly-payment working capital**, **invoice factoring**, and a **bank line of credit**, matched to which gap you are actually bridging. Daily card-holdback advances built for retail do not fit ACH-based project revenue.

Wayfind is an independent referral broker, not a lender, and may be compensated by funding partners. Funders whose products fit draws and net-30 invoices exist; our job is matching your file to them and showing the repayment in real dollars before you commit.

## Name the gap first

Different gaps, different money:

- **Payroll between draws.** The crew gets paid Friday; the draw lands whenever it lands. This is the classic working capital use.
- **Materials on a won bid.** The supply house order comes before you see a dime. Short-term capital sized to the order, repaid as the job pays.
- **Mobilization.** Deposits, permits, labor, and equipment moves all land before the first payment does.
- **Net 30 and net 60 receivables.** The work is billed, the customer is good, the calendar is the enemy. Factoring converts the invoice to cash now.
- **Retainage.** Held profit on finished work. Bridgeable, but only against company-wide cash flow, never against one release date.

## Product comparison for project-based revenue

| | Weekly-payment working capital | Invoice factoring | Bank line of credit |
|---|---|---|---|
| Repayment | Fixed weekly ACH | Customer pays the invoice | Payments on drawn amount |
| Speed | Days | Days once set up | Weeks to establish |
| Sized against | Trailing bank deposits | Specific invoices | Overall financials |
| Cost | Highest (factor-rate priced) | Moderate, scales with invoice age | Lowest |
| Fits | Payroll, materials, mobilization | Slow-paying GCs, net 60 | Recurring, predictable gaps |
| Qualification bar | Deposits and time in business | Your customer's credit | Strongest financials required |

Note the repayment column. Contracting revenue is ACH deposits, not card swipes, so daily card-holdback products are the wrong shape. Weekly-payment structures exist for exactly this reason; ask for them by name.

## What the money costs

If the product is factor-rate priced, the math is fixed: total payback equals the advance times the factor rate. A $50,000 advance at a 1.35 factor means $67,500 owed, a fixed $17,500 fee, whether you repay in 5 months or 12, which on a typical 7-month payback works out to an effective APR near 90 to 110 percent. That cost can make sense against a job with real margin that cannot start without cash. It cannot make sense as a habit. Compare every offer on total dollars repaid against the margin of the work it makes possible.

## Where Wayfind operates

Wayfind works with contracting companies in **Florida, Georgia, Illinois, Ohio, Arizona, Nevada, and Colorado**, with Texas available on a gated basis. Building runs year-round in most of these states, which also suits project-based repayment. Checking your options is free to your company and involves no hard credit pull.

## Eligibility basics for contractors

Most funding programs in this space look for roughly **$15,000+ in monthly deposits** and **6+ months in business**, though contractor files often run much larger, with tickets commonly sized against monthly deposit volumes from $50,000 up. What funders read: 3 to 6 months of bank statements, deposit consistency across project cycles, and any existing positions, which they will find on a UCC search regardless, so disclose them up front. Meeting the thresholds does not guarantee an offer; the funding partner sets all final terms.

## When bridging the gap is the wrong move

- **Repayment depends on one delayed draw.** Paid-when-paid contracts and slipping schedules mean payments start now and the project pays later, or never on time.
- **The retainage will not release for half a year.** A bridge that long on a thin margin eats the profit it was protecting.
- **You already carry one or more advances.** Contractors stack more than any other trade, and quietly adding a position is how companies go under. Read the honest version in [MCAs for contractors: stacking risk and weekly payments](/guides/contractor-mca-stacking-weekly-payments).
- **The fix is the contract, not the cash.** Sometimes renegotiating the pay schedule with the GC, or factoring a single invoice, beats borrowing against the whole company.

If that is the honest answer for your file, we will tell you.

## Next steps

1. Name the gap: payroll, materials, mobilization, receivables, or retainage.
2. Pull 3 to 6 months of business bank statements and your current invoice and draw schedule.
3. List any open positions; disclosed positions keep options open.
4. [See your company's options through Wayfind](/apply). Free, no hard credit pull, no obligation.

Wayfind is an independent referral broker, not a lender, and may be compensated by funding partners. The funding partner, not Wayfind, reviews, approves, sets terms, and funds. This guide is educational and is not financial advice.

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Disclaimer: Wayfind is an independent referral broker (ISO), not a lender, and does not underwrite or make funding decisions. Educational content only; not financial advice. Wayfind may receive compensation from lending partners.