Case Study:
Top U.S.-based General Contractor Partners with Raistone on $800M Stadium
A leading general contractor, responsible for a high-profile stadium project on the East Coast, faced financial and operational challenges due to the complexities of large-scale infrastructure development.
How Raistone helped a top general contractor mitigate risk and optimize subcontractor payments on an $800 million stadium project
One of the largest general contractors in the U.S. was awarded an $800 million stadium construction project on the East Coast. While the project represented a major opportunity, it also introduced significant financial and operational challenges. Stadium developments require strict adherence to timelines, and any delays — especially those affecting sports schedules — can result in financial penalties and reputational damage.
The contractor partnered with Raistone to implement an early payment program for their subcontractors. Our client increased their negotiating power as a result, allowing them to secure the best talent and rates.
By working with Raistone and securing top-tier subcontractors, the general contractor reduced project risks and ensured timely completion. They also increased their financial flexibility by collecting a supply chain access fee on early payments, unlocking an additional revenue stream.
Key benefits of working with Raistone:
Non-debt working capital: Our solution is not debt to the general contractor or their subcontractors. It simply accelerates payment on an asset, which coexists and complements other early pay or lending facilities.
A world-leading fintech: Raistone is owned by a full-service broker dealer, a $30 billion family office, a $900 billion wealth manager, and an international bank.
Seamless Integration: Raistone solutions are embedded in many platforms that construction companies already use, making easy for subs to expedite payment on receivables.
Additional revenue: General contractors can receive an earnings enhancement when their subcontractors choose to advance payments through Raistone.
Want to enjoy more great content?
Sign up for our newsletter to get the latest from Raistone.