Milestone payment
Splitting a larger job into stages, with a portion of the payment released as each stage is completed.
A milestone payment structure breaks a bigger project into stages and ties a portion of the payment to each one. As each milestone is completed and approved, that slice of the funds is released, rather than paying everything upfront or everything at the end.
It keeps both sides protected on longer jobs: the buyer only releases money for work that is actually done, and the seller gets paid steadily as they progress instead of carrying the whole job on cash flow.
With CASHBOX, each milestone can be funded into escrow and released on approval, so the money for the next stage is always confirmed before work continues.