Bolster gives you several ways to manage how you get paid during a project. These options make sure you’re not waiting until the very end of a job to receive money, while also giving your clients clarity and flexibility.
Rolling Basis Payments (default setting)
What it is: Items/ Tasks get marked as completed. A payment request is automatically sent to your clients for approval & payment.
Why use it: Keeps cash flow steady and prevents any disputes from holding up the whole project.
Phase Based Payments
What it is: Projects are divided into phases. Once all items/tasks within the phase are complete. A payment request is automatically sent to your client for approval & payment.
Why use it: Works best for bigger or more complex projects where grouping tasks into phases keeps billing simple.
Stage Based Payments
What it is: Payments are tied to specific milestones in the build process. Once all items/tasks within the stage are completed. A payment request is automatically sent to your client for approval & payment.
Why use it: Ideal for contractors who work in well-defined stages.
Percentage Based Payments (segmented)
What it is: Payments are broken into percentages of the overall contract. Once all items/tasks within the segment are completed. A payment request is automatically sent to your client for approval & payment.
Why use it: Gives clients a predictable, easy-to-follow payment plan and ensures you receive funds throughout the project.