Line of Credit
Earlypay’s business line of credit is backed by your outstanding customer invoices not real estate security and doesn't require a long trading history.
A line-of-credit to help your business grow
Our business line of credit is suitable for businesses of all shapes and sizes. And we connect to Xero and MYOB AccountRight to make accessing cash from your unpaid invoices simple, with less admin.
Flexible financing
Have an ACN or ABN and outstanding invoices due from other businesses for completed work? We'd love to hear from you.
Simple to apply
Earlypay links Xero and MYOB AccountRight and applying for finance is easy.
High approval rates
Short trading history, ATO debt or less than perfect credit history? It doesn’t need to stand between you and the finance you need.
No real estate
Rather not use your home as security? Our business line of credit only uses your outstanding customer invoices.
Cash flow to grow
Your business line of credit can increase with your sales so you can access the cash flow you need to grow.
Simple and intuitive
Our modern online platform makes it simple to access funds with less admin.
What businesses qualify for a Business Line of Credit?
Earlypay’s flexible approach to business finance means we can support businesses of all shapes and sizes and we know that all businesses are different so we have learnt to be flexible.
As the Earlypay business line of credit is supported by outstanding invoices, quality invoices are the main thing that we look for. This means that we need invoices to be:
- Issued after goods or services have been delivered
- With other Australian businesses that have an ABN
Typically, we can't provide a line of credit against Purchase Orders or Progress payments in the construction industry.
Earlypay’s business line of credit supports businesses across all industries including those below:
- Wholesale Trade
- Manufacturing
- Recruitment
- Transport
- Business Services
- Other Industries
Earlypay’s flexible approach to business finance means we can support businesses of all And because the Earlypay business line of credit is backed by your outstanding invoices, we have more flexibility than other lenders and can provide finance to businesses with
- Short trading history
- Less than perfect credit history
- ATO debts
The bottom line is that if your business has an ABN or ACN and outstanding invoices that satisfy the above criteria, we’d love the opportunity to support your business.
How do you apply for a Business Line of Credit?
To apply for a business line of credit with Earlypay, simply click the Sign-up button and complete some basic details. After signing up, you will be asked to securely link your Xero or MYOB AccountRight to see how much funding you can access. An Earlypay representative will then contact you to understand how you invoice your customers and get you up and running.
Get Started NowFrequently asked questions
With Earlypay, there's no delay.
Free up cash flow, at your convenience.
Have a chat with our team to see how we can help your business grow.
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