Waiting for slow payments is a well known thorn in the side of subcontractors. In a move purported to address this issue, and benefit subcontractors, Textura Corporation teamed with Greensill Capital (and Turner Construction) to roll out their Early Payment Program.

But, does the EPP really do what it says it does, or is it merely smoke and mirrors, and another way to benefit the top of the payment chain at the expense of a “tax” on subcontractors?

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