The Importance of Maintaining a Strong Supply Chain
Are you facing challenges with customer orders due to cash flow issues? Paying suppliers upfront can be a significant hurdle, especially when you’re waiting for your customers to pay you.
Earlypay offers a solution to keep your supply chain moving smoothly. Whether you purchase products locally or import from overseas, our solution allows you to pay suppliers upfront without draining your resources.
Pairing trade finance with invoice finance
Access cash flow to order materials whenever you need them.
Step 1: Order materials or supplies from your supplier
With your approved credit limit in place, you’re able to order supplies as, and when, you need them.
Step 2: Forward the supplier invoice to Earlypay
Once your materials or supplies have been delivered, submit the invoice from your supplier to Earlypay for payment to be made. Earlypay will pay directly to the supplier on your behalf.
Step 3: Utilise the delivered supplies
Whether the delivered supplies are finished goods or raw materials used in your production process, you can get on with meeting customer orders or building up your inventory.
Step 4: Send invoices to your customers upon the sale of goods
As you raise invoices for the sale of goods, your Invoice Finance facility comes into effect, advancing you funds on your outstanding customer invoice. These funds are automatically used to repay (or paydown) the Trade Finance.
Step 5: Your customers pay their invoices
As your customers settle their invoices as per your standard credit terms, your Invoice Finance facility is paid down.
Step 6: Funds are released to you
Once your Invoice Finance facility is repaid, any remaining cash is released to you, minus any interest or fees.
Why choose Earlypay’s Invoice Finance solution?
Take on new orders
Have the confidence to meet customer demand, knowing you'll have cash to pay for supplies.
Eliminate cash flow constraints
Reduce the pressure of cash gaps that come with producing goods for sale.
Support business growth
Access flexible funding to take on larger orders and expand your customer base.
Access complete cash gap coverage
Our Trade Finance, paired with Invoice Finance, provides a comprehensive cash flow buffer from ordering supplies to receiving payments from goods sold.
Don’t let cash flow gaps hold your business back. Discover how Earlypay Trade and Invoice Finance can help you cover cash flow challenges and build your business growth momentum.
