### How It Works

1. Request an advance on eligible invoices through the [**Lendica<>Paystand portal**](https://learn.golendica.com/partner/paystand).
2. If approved, up to **90% of the invoice value** is deposited into your business bank account within **1–2 business days**.
3. On the invoice due date, Lendica will **automatically debit repayment via ACH**, and you keep the remaining balance (minus the financing fee).

**Note**: _Early Pay is currently managed outside the Paystand dashboard. ERP integration is not supported in this phase._

### Why Use Early Pay?

- Improve cash flow and fund operations faster
- Avoid traditional debt, interest, or equity dilution
- Use only when needed— **you choose the invoices**
- Transparent pricing with no hidden fees

### Cost & Fees

- Typical monthly fee: **1.5%–3%**
- **No interest**
- **No hidden charges**
- **No impact on credit score**
- Fees are shown clearly before you accept any offer
- **No charge to apply** – You will only pay when you use the product.

That means:
  - No setup costs
  - No non-use fees
  - No surprise or hidden charge

### Is This a Loan?

No—Early Pay is a **non-debt advance**. It won’t appear as debt on your balance sheet and won’t affect your credit score.

### Eligibility

Lendica determines eligibility based on:

- Monthly invoice volume
- Industry risk profile

Underwriting is handled by Lendica and may be reviewed periodically.

### ERP Compatibility

Currently, Early Pay is **not integrated with your ERP**. Manual reconciliation will be required until full ERP support is added in a future release.

### Additional FAQs

**Do I have to use Early Pay for all invoices?**

No, you decide when and where to use it.

**What if I can’t repay on time?**

Lendica will reach out to arrange alternate repayment options.

**Will my customers see anything?**

No. The process is invisible to your payers.

### How to Apply

You’ll be invited via onboarding or through your C **ustomer Success Manager**. This will direct you to the [Lendica portal](https://learn.golendica.com/partner/paystand), where you’ll complete a short application.

**Need support?**

Contact your **Customer Success Manager.**

[Prev](https://support.paystand.com/hc/en-us/articles/37491376201627-How-to-Apply-for-Early-Pay-Step-by-Step-Guide "How to Apply for Early Pay – Step-by-Step Guide") Next

#### Table of contents

Early Pay Overview

- [Early Pay Overview](https://support.paystand.com/hc/en-us/articles/37490588388251-Early-Pay-Overview#early-pay-overview-0-0)
- [How It Works](https://support.paystand.com/hc/en-us/articles/37490588388251-Early-Pay-Overview#h_01JWEEKNSJ2C494FFH4YZ49FG3)
- [Why Use Early Pay?](https://support.paystand.com/hc/en-us/articles/37490588388251-Early-Pay-Overview#h_01JWEENVDDX0HZE5MV1RFHMJ47)
- [Cost & Fees](https://support.paystand.com/hc/en-us/articles/37490588388251-Early-Pay-Overview#h_01JWEEPJ40HX8ZP0Q9SYXWE35R)
- [Is This a Loan?](https://support.paystand.com/hc/en-us/articles/37490588388251-Early-Pay-Overview#h_01JWEEQAFQZTF5J2EFX9K0HPEC)
- [Eligibility](https://support.paystand.com/hc/en-us/articles/37490588388251-Early-Pay-Overview#h_01JWEEQYXHC6DY05YCVEMP7G2J)
- [ERP Compatibility](https://support.paystand.com/hc/en-us/articles/37490588388251-Early-Pay-Overview#h_01JWEERHRBKGRJNPH2V8PBWMHB)
- [Additional FAQs](https://support.paystand.com/hc/en-us/articles/37490588388251-Early-Pay-Overview#h_01JWEES6D7YDS9PVKRMXK8DVR3)
- [How to Apply](https://support.paystand.com/hc/en-us/articles/37490588388251-Early-Pay-Overview#h_01JWEESRH2CCZY010MCPZX16FN)