No one likes waiting to get paid, now you don’t have to
You've submitted your invoice. Now the waiting game to get that invoice processed and paid begins. The terms prohibit early payment from your customer. But what if that payment could be in your bank account almost instantly? Then, you could put that working capital in use.
Take control of your cash flow and receive payment how and when you want with Tungsten Network Early Payment
With Early Payment, Tungsten Network suppliers decide when to get paid at a minimal cost.
Without all the paperwork. Without jumping through hoops. Without delay.
Easy to enrol
Get started with quick, one-time enrolment and simple activation.
Easy to use
Simply select the approved invoices you want paid early and when you want them paid.
Receive your funds usually on the same day.* *If requested before 12 PM
No hidden fees
Save with no setup fees, subscription charges, service & administrative costs or penalty charges.
Low financing rates
Leverage a cost-effective alternative to bank financing that isn't a loan and doesn't incur debt.
Select when to get paid and have full visibility into all eligible invoices.
Feel secure knowing all transactions are created, submitted, maintained and archived discretely.
Documentation is simple and onboarding is fast because you are already registered on the network. Tungsten Network Early Payment is available via the Tungsten Network portal.
Tungsten Network Early Payment is free of arrangement fees, subscription charges, and has no minimum term.
Improve your cash flow and put capital back to work in your business faster.
Get paid early, whenever you want to
Within one business day
Tungsten Network Early Payment
|Flexible agreements: No set-up fees, monthly charges or minimum terms.||Fixed-term contracts: Usually 12-month contracts with exit penalties.|
|No hidden fees||Multiple fees|
|Up to 100% of invoice value received
(minus small discount charge)
|Typically, 70%-80% advance rate
(minus additional, unclear fees)
|Selective: Choose which invoices you want to take Early Payment on, and don't pay anything on the rest||Non-selective: Charges for service even shen no invoices are selected|
|Impact neutral commercial relationship: Customers are not impacted by Tungsten Early Payment||Disclose to your customer: Business financing solutions may be disclosed|
|Quick & easy online registration||Lengthy registration & set-up|
|Simple process: No training or software required||Additional activity: Some solutions require training, software, etc.|
|Prompt payment: Usually within one business day||Same day payment charge: Timing varies and extra transaction charges may apply|
Receive payments how and when you want with
Tungsten Network Early Payment
We would recommend Tungsten Network Early Payment system to other companies because we know how much it’s helped our situation. It’s helped us as a company to move on to bigger projects.
- Mechelle Burnage , Abacus Industrial Flooring
Tungsten Network Early Payment is easy to use and understand. We do not take advantage of Early Payment on a regular basis, but on a particular occasion when we needed to pay a supplier, we took Early Payment on an outstanding invoice and we received the credit sooner. This provided us with a lot of flexibility and reassured us that our suppliers will always be paid on time, even if our clients may be late processing their invoices.
- Alonso Jose da Silva , International Technical Manager