Speed Up Draws & Release Retainage: Close Projects Faster with Truss Payments

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The Cost of Delayed Draws and Retainage

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Delayed draw disbursements and slow retainage release cost contractors time and money. On large projects, stalled draw cycles and unpaid change orders create cash-flow pinch points that slow crews, delay materials, and strain GC–sub relationships. Truss Payments tackles these friction points head-on by enabling fast, auditable construction draw automation that moves project closeout payments faster and reduces days outstanding for draw disbursements construction.

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Automating Construction Draw Payments with Truss Bill Pay

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Using Truss Bill Pay together with a Truss free checking account and instant settlement merchant services, contractors can trigger one-click change-order payments and draws with settlement that lands immediately where crews and subs need it. Built-in support for digital lien waivers and receipt attachments means every retainage release and payment has a timestamped, searchable record — lowering lien risk and smoothing lender and owner reviews. Pair this workflow with QuickBooks integration to automatically sync payouts into your cost codes and job-cost reports.

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Streamlined Retainage Release and Project Closeout

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The result is measurable: fewer disputes over change-order payments, accelerated retainage release timelines, and cleaner books for faster project closeouts. Truss’ instant settlement construction capabilities and construction draw automation reduce admin time spent reconciling payments while improving crew morale by getting them paid on time. For GCs and subs focused on on-time delivery, the ability to attach lien waiver digital documents and payment receipts to each transaction provides the audit trail owners and lenders expect during project closeout.

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How to Get Started with Truss

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Ready to close projects faster? Set up Truss Bill Pay, connect your Truss free checking, and enable instant settlement/merchant services. Then link QuickBooks or JobTread to streamline accounting and job-costing. Contact our team to get started and see how streamlined draw disbursements construction and automated retainage release can transform your project closeouts. Sign up for a demo or start your free account today.

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Disclaimer: Truss provides tools to help contractors manage and streamline payments. However, Truss is not responsible for financial, legal, or employment decisions made by its users. Always consult with an accountant or legal professional for personalized advice.