Allowing freelancers to access their earnings up to 60 days early, Early Pay makes it easier for freelancers to achieve financial stability by filling the gap between completion of work and receiving payment.
Ruul, a digital platform that offers global invoicing and payment solutions to freelancers without the need to set up a company, brings an innovation to the sector with its Early Pay feature, which says your customer’s money is in your account without paying.
Early Pay is a Ruul service that allows freelancers to access their earnings up to 60 days early from the client’s scheduled invoice payment date. Early Pay, which enables freelancers to receive the early payments they expect from their customers working on long terms, helps ensure regular cash flow and financial stability.
“Early Pay isn’t just a feature, it’s a financial revolution that gives freelancers the power to manage their own careers on their own terms.” – Mert Bulut, Ruul Founding Partner
Mert Bulut, Founding Partner of Ruul, defines Early Pay as not just a feature, but a financial revolution that gives freelancers the power to manage their own careers on their own terms. “Early Pay will help freelancers overcome the financial hurdles they face, allowing them to focus on what they do best: producing outstanding work.”
How Does Early Pay Work?
When creating invoicing through Ruul, you can determine the maturity of your customer’s payment by choosing one of the maturity options offered by Early Pay ranging from 7 to 60 days. Once the transaction is approved by the customer, Ruul sends your fee to your specified account within 24 hours.
Early Pay Features
- Payment Within 24 Hours: Once your invoice is approved by the customer, your money will be sent to your account within 1 business day.
- Easy Approval System: Invoice approval is incredibly easy, it only takes 2 ‘clicks’ from your customer.
- Flexible Maturity Options: Your customer can pay the approved invoice in terms ranging from 7 to 60 days.
- Budget-Friendly Rates: With commission rates starting from 1.9%, it is much more affordable than alternative invoice financing methods.
Founded in 2017, Ruul has emerged as a transformative force in the flexible work space, evolving its services with a focus on efficiency, adaptability and universality. Having collaborated with 75,000 freelancers and more than 20,000 businesses to date, Ruul has become a major player in the global market.
Source: Egirisim / Prepared by Irem Yildiz