|Benefits||Other Financial Competitors|
Quicker & simpler application with fast approval
Earlypay’s entire business process is built around immediate response to client needs, and the fastest cash turnaround in the industry. We pride ourselves as being the fastest approver in the market, with most lenders needing at least two weeks before on-boarding approval.
|Quicker & simpler application with fast approval|
Faster Funds with 24 hr turnaround
A day can make a difference to a business when it comes to cash needs. That’s why earlypay’s quick turnaround gives your business fast access to funds from your unpaid receivables or employee wages within 24 hours, giving your business a better chance to adapt and grow.
|Faster Funds with 24 hr turnaround|
Funding against one client or all clients, your choice (Flexible debtor concentration limits)
Earlypay offers you the flexibility of choosing the invoices you wish to use for funding and we’ll still support your business, even if a large proportion of your invoices are from a single customer.
|Funding against one client or all clients, your choice (Flexible debtor concentration limits)|
Funding against employee wages
We are the first ones to offer payroll finance in order for businesses to meet their payroll obligations or access additional working capital. Approvals are immediate and funds are usually accessible within 24 hours.
|Funding against employee wages|
Fully Flexible & scalable funding
Our funding options are not a business loan, but a flexible line of credit linked to sales. Debtor invoices and employee wages are used to secure access to funds, flexible enough to grow in line with your business performance and without any impact to your daily operations.
|Fully Flexible & scalable funding|
Risk-free funding with a peace of mind
Earlypay helps you sell safely by providing credit protection for each of your customers, which means that if your customer becomes insolvent, we will pay the net outstanding balance of the debt, without any additional fees.
|Risk-free funding with a peace of mind|
Transparent flat fee structure
Earlypay likes to keep things simple and transparent, so that you can manage your business finances more effectively. Unlike most lenders, earlypay does not have lock-in contracts, joining fees or admin fees.
|Transparent flat fee structure|
Finance that can sit alongside other borrowings
Earlypay’s funding operates as a standalone facility, which does not restrict or limit you from other business borrowings (e.g. term loans & leasing).
|Finance that can sit alongside other borrowings|
Most funding facilities require real estate security, which can put your personal assets at risk. Instead, earlypay provides insurance protected funding based on your customers (for invoice finance) and your business (for payroll finance), without needing personal guarantees or property assets as security, giving you greater flexibility for other investment opportunities.
With earlypay, there isn’t an 'one-size-fits-all' approach and we are willing and able to balance our requirements, processes and other criteria based on what will work best for your business.
Accounts receivables management
Earlypay can help with the stressful and time consuming job of receivables management through an ISO accredited credit control service that becomes an extension of your business team. This will allow your business to save on people costs and other costly overheads such as postage, stationery and telephone calls.
|Accounts receivables management|
"Earlypay is without a doubt the best funding solution our company has ever had & for the first time in a long time, we are confident about future planning & achieving our goals. Your staff are fantastic to deal with."
You can finance your business, without putting your personal assets at risk.
Our simple application process means that there's no need to put your bricks and mortar business assets up as collateral.
We provide the fastest onboarding and funding in the market, available when you need it, so you can focus on running your business, not worry about cash flow.
Your available credit grows as your business grows; linked to your sales and success, we help you build your business.
Our flexible financing approach is designed to meet your business' needs and can be scaled up or down as required.
We support you, even if a large proportion of your client invoices are from a single debtor.
"Apart from ensuring a steady cash flow and managing our receivables, earlypay also help keeps us from doing business with customers whose credit level is substandard"
There's no hidden fees or charges, so you know exactly how much your repayments will be, right up front. We keep things simple and transparent, so you can manage your finances more effectively.
Earlypay offers you peace of mind by providing comprehensive insurance coverage, protecting you from unforseen eventualities.
Earlypay has the backing of Careers Multi List (CML), a company that has experienced 40% year on year growth. CML provides a range of business support services complimentary to our finance funding offer.
You'll receive the benefit of a dedicated Account Manager, helping you shape your finance solution to meet your needs and growth.
CML offers all our clients access to services that meet CGR and ISO standards/legislative requirements, including accounts receivables support and daily online reports.
"The earlypay team found ways to qualify my business for funding, where other providers couldn’t. The invoice processing speed and flexibility they offer has made huge improvements in the business cash flow. Our receivables management is looking great and the proof is in the numbers"Learn more