Earlypay Ltd

Earlypay Limited is an Australia-based company engaged in the provision of financial services to Australian small to medium enterprises. The Company’s products and services by segment include Invoice Finance and Equipment Finance. The Invoice finance segment involves the provision of an advance payment (typically up to 80%) against a client’s invoices to help the business overcome the cash pressure of delivering goods or services in advance of payment from the debtor (typically 30 - 60 days) and is a flexible line of credit that is utilized in line with sales volume. It includes a portion of trade finance which can be used in conjunction with invoice finance for eligible customers. The Equipment finance segment involves the provision of finance secured by new and old equipment used by businesses as a core part of their activities. It includes sale-back of owned or partially owned equipment, private sales and mid-term refinancing.