PayUp
PayUp is an early payment solution for real estate vendors.
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Problem
64% of vendors need capital faster than their customers will pay.
- Vendors often lose out on new business opportunities due to cashflow issues.
- Operational expenses are paid NET 30-45 days after completion.
- Most financing options are complex, require credit checks, and add debt.
Solution
Early payments on your timeline.
- Early Predictable Payouts - Vendors get paid for approved invoices on their preferred timeline instead of waiting for the typical Net 30+ terms.
- Instant Verification - Vendors create a free account in under two minutes. No credit checks, lengthy forms or added debt.
- Fully Integrated Experience - PayUp integrates with procurement, accounting, and payments software to seamlessly fit into the existing invoicing workflows.
Value Added
Helped grow the business 0 - $2M+ in payments and sign a channel partnership with a leading PMS.
- Product Strategy - I worked with the founding team on initial product strategy, MVP build out, and iterated to V1 that enabled the team to scale their business from 0 to $2M+ in payments for 50+ multifamily properties.
- GTM Strategy - I helped the founding team think through a unique GTM strategy that involved revenue share with property management companies that enabled us to provide working capital to their vendors faster than a typical B2C approach.
- Partnerships - I helped the founding team build an integration with one of the largest property management software companies, giving PayUp access to over 1,000 property management companies and $4.5B+ in vendor payments.
- Executive Coaching - Helped the founders hire the initial team, build culture, set up mechanisms to measure and manage performance.
