As invoices approach their repayment dates the platform automatically notifies respective payers 7 days, 3 days and 1 day before the invoices are due.

As a payer, the first step to making a repayment is to log in to the portal and generate a repayment reference for the invoices you are repaying. The repayment reference is crucial for reconciliation and also allows you to group multiple maturing invoices into single repayments.

If your agreement with the funder allows you to benefit from reduced fees by making an early repayment for an invoice, your Platform Admin should disable the Fixed Fee setting on Admin Portal. To learn more about early repayments, refer to the following article.

Generating repayment reference

1. Log in to the payer account and click the Pay menu item.

2. Select the invoices to repay (invoices can be repaid before their respective  repayment dates).

3. After selecting one or more invoices click PROCEED TO PAYMENT.

4. Confirm that you would like to generate a repayment for the selected invoices.
   If early repayment is disabled, click Yes to generate the repayment.                                                                                                                            
   If early repayment is enabled, you can select the invoice repayment date and the repayment amount will be proportionally calculated based on the selected date.
    

5. Selected invoices will be grouped into one repayment and a payment reference will be generated for you to use. You need to copy this payment reference and amount and use it when instructing payments.
   

6. At the bottom of the page you can view the repayment you generated, the status, the repayment reference, amount and related invoices. 

As soon as the fund manager confirms that the repayment was made, the invoice will be marked as paid on the system.