Get Paid On Your Schedule

Turner created the Accelerated Payment Program to support trade contractors with faster, more predictable payments, helping to reduce working capital strain. The program provides contractors with a seamless, low-cost way to get paid shortly after
submitting a pay application, which strengthens their cash flow.

Billd is a financial services company built specifically for trade contractors. Through Turner’s partnership with Billd, contractors have access to forward-thinking capital solutions that help them get paid faster, avoid delays, and grow their businesses.

Assuming your pay application is in good standing, trade contractors can expect to be paid within five business days of the period through date on the invoice or Turner payment certainty – whichever comes first. However, if the pay application is approved at a later date, acceleration of payment can occur up to a few days before standard payment terms.

The accelerated payment you receive isn’t a loan, so it doesn’t impact your balance sheet, any loan covenants, or your credit history.

The fee is based on a daily rate and depends on how many days early you are funded—for instance 15 days costs less than 30. The number of days advanced is determined by when early payment is released and the project payment terms. Your rate is set
at the time of enrollment and is shown when you accept the online payment invitation.

Turner absorbs the late payment risk.

No, the fee will only be charged if an accelerated payment is made and determined by the number of days payment is accelerated.

Will lien waivers, releases, etc. be handled differently if we use the program?

Once retention release has been approved by the client, retention payments will be processed via the program. Retention payments will not accelerate ahead of client approval or the contractual terms of the project.

Contractors have the ability to enroll or un-enroll at the enterprise level and once enrolled, all future contracts and invoices are included. However, you can suspend the program for individual invoices on a month-to-month basis.

No. Simply accept the terms and conditions in the payment platform when enrolling.

No. The program works within Turner’s existing billing process, so there’s no need to change how you operate.

You will be notified through our online payment application software when a payment has been made.

No, the Turner Accelerated Payment Program powered by Billd is a completely voluntary program and does not affect your eligibility to work on Turner jobs.