When do FreeFlexers get paid?

FreeFlexers can choose between 2 payment options

Niki | Temper avatar
Written by Niki | Temper
Updated over a week ago

To get paid for their shift, FreeFlexers need to complete their checkout. During the checkout process FreeFlexers can choose between 2 payment options:

  1. Direct payment
    FreeFlexers will be paid within 3 or 5 business days after their checkout has been approved by the client (you). It’s the easiest and quickest way to receive their payment. In this case, the factoring company Finqle pays the amount in advance and takes over their debtor risk. The cost of this service for FreeFlexers is 2,9% of the total invoice amount. You as a client will pay the amount to Finqle within your set payment term.

  2. As soon as the client pays
    When FreeFlexers choose this option, they get paid only after you as a client have paid the collective invoice to Finqle, even if you work with credit. From the moment you have paid the invoice, it may take up to 3 business days for the FreeFlexer to receive the payment in their bank account. The payment term is 14 or 30 days*. The 14 or 30-day payment period starts from the moment the invoice has been generated by Finqle and not from the date of the shift.

Once you approve the checkout, the billing process is automatically initiated (unless the FreeFlexer has opted for processing outside the platform). Every Monday and Thursday, a collective invoice will be generated for all FreeFlexers whose checkouts you have approved.

Do you use direct debit? Finqle will automatically withdraw the correct amount on the day the invoice payment term expires.

In your financial overview, you see the invoice's creation date and when it expires.

* In rare cases, the payment term may be 45 or 60 days. The number of days can be found in the assignment agreement.

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