Early Pay is a flexible financing option that helps you unlock cash flow by advancing payments on eligible invoices. This guide outlines the onboarding process for Early Pay, powered by our financing partner Lendica.
Key Things to Know
- Lendica manages underwriting, approval, funding, and repayment.
- Paystand facilitates onboarding and collects feedback during Phase 1.
- This pilot is external to the Paystand dashboard; the Lendica portal will be used for all activity.
- Manual accounting and reconciliation will be needed until ERP integration is released.
Application & Onboarding Process
| Step | Action | Responsible Party | Timeline |
| 1 | Express interest in Early Pay | Merchant | Anytime |
| 2 | Referral to Lendica portal | Paystand CSM | Within 1 business day |
| 3 | Complete application | Merchant | ~10–15 minutes |
| 4 | Underwriting review | Lendica | 1–2 business days |
| 5 | Approval and portal access | Lendica | Upon approval |
| 6 | Submit eligible invoices | Merchant | Ongoing |
| 7 | Advance disbursed (up to 90%) | Lendica | 1–2 business days |
|
8 |
Repayment via ACH on due date | Lendica | As scheduled |
Need Help?
- For onboarding support: Contact your Paystand Customer Success Manager
- For general Early Pay questions: Reach out to Paystand Support
- For technical issues or funding support: Contact Lendica Support directly via the Lendica portal
Ready to Get Started?
Reach out to your Customer Success Manager today to explore how Early Pay can help accelerate your cash flow.