Cash flow is essential for running a business. Flip offers 2 funding options to cater to your business needs: Same Business Day Funding and Next Day Funding.
Same Business Day Funding
If you settle before the official cut-off time of the business day* between Monday to Friday, the funding will be transferred to your bank account by the close of business. However, if you settle before the official cut-off time of day* over the weekend (Saturday & Sunday), the funding will be available on the next business day.
Next Day Funding
If you settle before the official cut-off time of business day*, the funding will be transferred to your bank account on the next business day. Otherwise, the funding will be available after 2 business days. If the funding day falls on a weekend, the funding will be available on the next business day.
Cut-off time*
The official cut-off time:
- Online payment (6:00PM AEST each day) - for Next Day Funding.
- Finance approval (4:00PM AEST each day) - for Same Day Funding.
Please note: If the funding day falls on a New South Wales public holiday or a bank holiday, the funding will be available the on next business day for Same Day Funding and Next-Day Funding models.