Pay installers on milestones, collect from the homeowner separately
The homeowner's repayment is a straightforward loan collection. The complication is the other side: paying the installer, often in stages tied to milestones, from money that has to stay reconciled against the job.
Paying the trade is the hard half
A boiler, a set of panels or a kitchen is rarely paid for in one go. The installer is paid a deposit, then stage payments as milestones are hit, then a final balance on completion. Each payout is tied to a job and a milestone.
Those payouts need to be same-day when a milestone is signed off, and they need to reconcile against the job so you always know what has been released and what remains.
Meanwhile the homeowner repays the finance on a separate schedule. Run the installer payouts and the consumer collections in different places and the job's true position is never in one view.
The payment mix that fits
Not one rail. The two to four that match how money actually moves here.
Pay installers on milestone sign-off the same day, referenced to the job.
Hold job funds in a segregated account so stage payments reconcile against the project.
Collect the homeowner's repayments on a mandate, timed to their income.
Your flow of funds, orchestrated
Job funds sit in a settlement account tied to the project. As milestones are signed off, installers are paid over Faster Payments, each payout referenced to the job and reconciled against what remains. The homeowner repays the finance over Direct Debit on a separate schedule. Installer payouts and homeowner collections reconcile against one job on one ledger, so you always know the project's position.
Every book moves money differently. We map your flow of funds and quote one integration across the rails that fit.
Related
Payments for home improvement and green finance: FAQs
From a settlement account tied to the job, paid out over Faster Payments on milestone sign-off and reconciled against the project, so released and remaining funds are always clear.
Yes, they are different flows, but both reconcile against the same job on one ledger, so the project's true position is in one view.
Yes, over Faster Payments, as soon as a milestone is signed off, referenced to the job.
Tell us how you get paid
Send us the mix of payments you take and make, and we will quote one integration across the rails that fit, priced on your volume.