Here are some common questions and answers about our services. If you don’t find what you’re looking for, please contact us.
How much does it cost to use Everflow?
With Everflow, you can get paid early for your invoices without having to worry about any hidden fees. You only pay for the time the capital is outstanding, and not a day more. The early payment fee is based on the creditworthiness of your customer, and ranges from 2.9% - 4.9% when quoted per 30 days. This translates into daily fees of 0.0097% - 0.163% per day. And with our easy-to-use service, you can initiate an early payment request and pay only a one-time deployment fee of $100 to make unlimited requests for a 24-hour period.
How do I receive payments for my invoices?
When you sign up with Everflow, you can securely link your bank account via a third-party service called Plaid. This allow us to deposit funds directly into your account once your early payment is approved. Please note that we don't have permission to withdraw any money from your account, only to make deposits.
What do I need to provide as part of my business and financial verification?
You only need to connect your accounting integration and upload your profit and loss statement, and balance sheet statement, and provide bank statements if your bank account is not supported by Plaid. If we require additional information, we'll reach out to you.
How can I get my invoice approved by the buyer?
To make the payment process easier for you, everything is managed through the platform. If you've signed up for an EarlyPay, your customer will receive an email to approve early payment invoices which should have been communicated during their onboarding by you. For other payment requests, your vendor will receive an invoice approval request. Depending on their intake process, this approval may take place daily or weekly. If needed, we may ask for your assistance in getting your buyer to approve the invoice.
Does my customer need to make payment directly to Everflow?
We recommend this option as it is the easiest for you. However, if this option is not feasible, we will work with you to determine the next steps. In such a case, we may need to file a GSA for the asset or amount owed, but we will do so in a way that is clear and transparent. We aim to provide you with a solution that meets your needs, so please don't hesitate to contact us if you have any questions or concerns.
Command Your Cashflow
Steer your business towards success with Everflow.
Pricing