EarlPay gets you paid upfront. No more waiting around 30, 60, or 90 days for your money.
Whenever you send an invoice through Lumanu, we automatically check to see if it’s eligible for EarlyPay. When it is eligible, we give you an option to get the cash directly deposited in your bank account!
We collect funds for your invoice from your client when the invoice is due. You will never have to worry about chasing down late or missing payments again!
Use Lumanu to invoice your brand partner. Your Lumanu assistant will let you know when an invoice is qualified for EarlyPay via text. The total amount you can expect to be paid via EarlyPay and any associated fees will always be communicated to you upfront. It’s always your option to accept.
To get paid upon sending invoice, you can respond “yes” to the text thread with your assistant. We then will confirm with your brand partner that your invoice is accurate.
Once confirmed, you get paid directly to your bank account!
Before we send the money to your bank account we may need to verify that the invoice is correct.
There are 3 ways we confirm if an invoice is correct:
Your assistant will reply all to the Lumanu invoice email thread to get confirmation from your brand partner directly.
You can forward us your email thread with your brand partner containing confirmation that your collaboration is an active agreement for the amounts listed on your invoice.
When you correspond with clients in the future, just cc- your assistant on the email chain and everything can be verified automatically.
We’ll send your brand partner a “notice of assignment” to let them know we’ve bought the invoice from you along with instructions on how to pay. The notice of assignment is a friendly email to let your client know you have elected to transfer your receivable to Lumanu, Inc. (“Lumanu”) in accordance with Article 9-406(a) of the Uniform Commercial Code “UCC”.
If you are already setup as a vendor in your clients system you may need to confirm changing payment method to Lumanu (we support ACH/ Zelle/ PayPal/ wire/ check)
The cost of EarlyPay varies based on who you are as a creator and who is paying Your EarlyPay fee is based on due date of the invoice, who the payor is, and your usage history. The cost of EarlyPay varies based on these factors and it will never be more than 9%.
At this time, we kindly ask you let us know if your client pays you directly. If it happens, we’ll give you instructions to send the amount back to Lumanu via PayPal. Thanks!
If your client ends up not paying your invoice, but you’ve already been paid by Lumanu, don’t worry about it! We’ll figure it out on our end with your client.