Payar & Faber are teaming up!

We are delighted to announce our partnership with Faber to help bring contractors fast, fair and flexible payments! Now contractors can find work and get paid for the work they’ve completed easier than ever before.

Many contracting companies are forced to wait lengthy cycles on payments and are often forced to take bad financing terms and bad deals like invoice factoring just to access cash flow. In these sorts of cases, when a company takes a deal with an invoice factoring company they are selling their invoices to a third party at a discounted rate which is usually around 5% or higher. But it doesn’t stop there. These companies also attach an interest rate on top of the high rate to begin with. Unlike these factoring companies, Payar doesn’t add additional fees and our fees associated with the transaction are a one-time fee.

Whether you need access to work, labor or cash flow, our partnership with Faber could be the solution you’ve been looking for.

Construction workforce and payments are at your fingertips!

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