How does Earlytrade work?
The easiest way is to login to Earlytrade and check the invoices or claims that are available for early payment from your customer.
However, if you prefer, it is as easy as 4 steps:
- View your outstanding approved invoices available for early payment
- Select your offer rate for early payment
- Assess the opportunity including the next pay run
- Request early payment by clicking on request early payment ‘yes’
You'll be notified if your request is successful based on the amount of capital made for available early payments by your customer at that point in time.
If there is sufficient capital, you'll be paid the same way by your customer, only earlier, sometime within 24 hours.
If not, no problems. It hasn't cost you anything. You can request early payment again tomorrow.