Progress Payments for

How it works

1. Create an estimate and add a required first payment.

2. Set when the first payment is due and the payment amount.

3. Save and send the estimate as usual. Your customer automatically receives a financing application with progress payments enabled.

4. Your customer releases funds in two payouts, and Contractor+ tracks both payments.

Frequently asked questions

How many payments can I request from my customer?

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When can my customer release each payment to me?

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How much can I request from my customer up front as part of the first payment?

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Do I pay fees on each payout?

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What does my customer's repayment schedule look like?

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What if my customer is not approved to pay me in multiple payments?

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*All financing is subject to credit approval. Your terms may vary. Payment options through Wisetack are provided by our lending partners. For example, a $5,500 purchase could cost $253.54 per month for 24 months, based on a 9.9% APR, or $1,833.33 per month for 3 months, based on a 0% APR. Offers range from 0 to 35.9% APR based on amount requested and creditworthiness. Not all merchants and lending partners participate in 0% interest programs. Terms range from 3 - 120 months and may vary based on merchant, lending partner, or transaction size. State interest rate caps may apply. No prepaid finance charges or participation fees. See additional terms at wisetack.com/faqs.