Working capital + Paycheck Access

Patch is the financial partner for businesses that run on people.

One platform delivering working capital for the business and financial tools for the workforce. Built for labor-intensive small businesses and distributed through the partners they already trust.

What we solve

The financial system wasn't built for labor-intensive businesses. Or the people who work in them.

82%

of small businesses fail because of cash flow problems.

62%

of American workers live paycheck to paycheck. Higher in labor-intensive industries.

$183B

the annual cost of workforce financial stress on American employers.

This isn't a market we picked. It's a problem we lived. So we built a platform that gives both sides real tools.

How Patch works.

One company. Built for SMBs. Delivered through the partners they already trust.

The financial partner for businesses that run on people.

Platform

Five products. Two sides of payroll. One platform.

Working capital · For the operator
  • Invoice Factoring
  • Premium Finance
Paycheck Access · For the workforce
  • Earned Wage Access
  • Workplace Loans
  • Patch Card

Delivered through: Channel partners

The partners these businesses trust, with something new to help them run it.

Insurance Brokers

Add working capital and worker benefits to the policies they already write.

CPAs

Give clients a tool to act on the cash flow advice they already give.

Payroll Companies

Layer financial tools onto the payroll system they already run.

Benefits Brokers

Offer financial wellness tools that go beyond traditional benefits.

Trade Associations

Bring members a benefit that solves a real problem.

Who uses Patch: SMB owners

Labor-intensive businesses where the workforce is the operation.

Construction

Long invoice cycles. Hourly crews under cash pressure.

Manufacturing

Capital-intensive operations. Hourly workforce under pressure.

Transportation

Net-30 payment terms. Driver retention pressure.

Hospitality

Seasonal cash swings. High-turnover workforce.

Security

Long-cycle contracts. Guards living paycheck to paycheck.

Staffing

Cash gap between paying workers and getting paid.

Most come through channel partners. Direct conversations welcome too.

Five products. Two sides of payroll. One platform.

Built on a single payroll integration. Tools for both sides of payroll. Delivered through licensed, regulated partners.

Working capital · For the operator

Invoice Factoring

Turns unpaid invoices into cash now. Solves the timing problem bank lines of credit don't.

  • Advances up to 98% of invoice value within 24 hours
  • No long-term contract or volume minimums
  • Built for 30 to 60 day customer payment cycles

Premium Finance

Spreads commercial insurance premiums across the policy term. Built for independent insurance brokers and the businesses they serve.

  • Spreads commercial premiums across the policy term
  • Integrated with the broker’s existing workflow
  • Currently live in TX, CA, FL, IL, NC, SC

Paycheck Access · For the workforce

Earned Wage Access

Workers access earned wages between pay cycles. Replaces the payday lender and the 401(k) hardship withdrawal.

  • Workers access wages already earned, between paychecks
  • No interest or mandatory fees to the worker
  • Direct to a Patch Card or worker’s existing bank
Launching July 2026Learn more

Workplace Loans

Larger-dollar credit for workers, repaid through payroll. Covers the need EWA can't.

  • Larger-dollar installment loans for emergencies
  • Repaid through payroll deduction
  • Affordable terms with clear repayment schedules
Launching July 2026Learn more

Patch Card

Payroll card for workers. Where EWA lands, and where direct deposit goes.

  • Tap, swipe, or use online anywhere Visa is accepted
  • Direct deposit your paycheck and get paid up to two days earlier
  • No monthly fees, no minimum balance
Launching July 2026Learn more
Getting started

Two ways in.

Patch serves labor-intensive small businesses in construction, manufacturing, transportation, hospitality, security, and staffing. Most come to us through the insurance brokers, CPAs, and other partner channels they already have relationships with and trust.

Direct conversations welcome too.

For Partners

You advise businesses.

Insurance brokers, CPAs, payroll companies, trade associations, benefits brokers. Patch makes your client conversations more valuable. New revenue, stronger client relationships, and more ways to help your clients run their business.

For Businesses

You run a business.

Construction, manufacturing, transportation, hospitality, security, staffing. Patch gives you working capital for the business and financial tools for the workforce. One platform, built for the way your business actually runs.

How Patch is built

One payroll integration. Five products. No cost to access.

The platform is built differently because the businesses we serve are built differently.

Free to access. Always.

Getting on Patch costs the business nothing. No subscription, no per-seat license, no minimum. The platform is free to use. Products generate revenue only when they're used.

Connect payroll once. Add products with a click.

Most fintech stacks require a separate setup for each product. Patch runs every product on the same payroll connection. Adding the next one takes a click, not an onboarding.

Built for the businesses payroll runs.

Construction, manufacturing, transportation, hospitality, security, staffing. The businesses where payroll is the largest line item and the workforce is the operation.

From the founder
"I ran three companies before this one. Nobody was building the financial layer these businesses actually need. So we did."
Alan Chang Founder & CEO, Patch Previously: Airbnb, Lighthouse.
Read the founder story

Sources

  1. U.S. Bank, Small Business Failure Statistics.
  2. PYMNTS / LendingClub, "Reality Check: Paycheck-to-Paycheck Series" (2024-2025).
  3. BrightPlan, Wellness Barometer Survey.