Silo Technology
Guaranteed payments, work in stages.
A payment option offered directly by Silo. Extra protection for the customer and for the workforce, on the same contract.
How it works
01
The job is staged
We break the work into defined stages with a value and a completion standard against each one.
02
Funds are secured
The stage is funded before the team mobilises, so the payment is guaranteed rather than promised.
03
Work is signed off
The stage is inspected and approved in SiloIonix, with the evidence recorded against the job.
04
Payment releases
Funds release on sign-off and the next stage begins. Nobody chases, nobody waits.
For the customer
- You only release money for work that has been completed and approved.
- Scope and value are agreed stage by stage, so cost does not drift quietly.
- If a stage stops, the remaining funds stay yours.
For the workforce
- The money for the stage exists before anybody sets foot on site.
- Payment follows sign-off automatically rather than an invoice cycle.
- Teams can plan the next job knowing this one is covered.
Want this on your contract?
We can apply Silo Technology to a new job or an existing one.