Question 1

What is Early Pay?

Accepted Answer

Early Pay by Ruul is a service that enables freelancers to access their earnings before the client's scheduled payment date, providing funds up to 60 days in advance. This helps to ensure steady cash flow and financial stability for freelancers who prefer not to wait for the standard payment cycle.

Question 2

How does Early Pay work?

Accepted Answer

Early Pay allows freelancers to receive payment for their invoices ahead of the regular schedule. When issuing an invoice, freelancers can choose early payment terms, and upon client approval, they receive the funds quickly, typically within a day. This service helps freelancers maintain a steady cash flow by providing access to their earnings well before the standard payment due dates.

Question 3

Who can benefit from Early Pay?

Accepted Answer

Early Pay is particularly beneficial for freelancers and independent contractors who face long payment cycles and need to access their earnings sooner to maintain cash flow. It's ideal for those looking to alleviate the financial gap between completing a job and receiving payment, ensuring they have the funds necessary for their business and personal expenses without the wait.

Question 4

How soon can I receive my payment with Early Pay?

Accepted Answer

With Early Pay, you can receive your payment within one day after the client approves the invoice, allowing you to access your funds well before the original payment due date.

Question 5

When is my business client required to make payment?

Accepted Answer

Your business client is required to make payment on the agreed-upon due date of the invoice. If you're using Early Pay, you receive the funds early, but the client still follows the original payment schedule, paying the invoice on the standard due date.

Question 6

Can I use Early Pay for all of my invoices or is there a limit?

Accepted Answer

Early Pay is available for invoices to EU and UK businesses, with potential limits based on each client's pre-approved credit limit set during the invoicing process. For details on these limits or any restrictions, you should refer to your user dashboard or contact customer support for assistance.

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“Ruul offers a glitch-free, robust platform with a modern interface, maintained well for seamless invoicing over two years.”

Fenna Van Dijk

“Ruul allows me to work remotely without hassle, ensuring easy invoicing and payment, saving time for more important tasks.”

Carlos Del Moral Vilchez

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