While Denim normally processes advances as next-day ACH, we also offer a way to get paid instantly upon job approval. For example, if you submit a load before 12pm with next-day ACH, you will receive your advance the following day. If you submit a load after 12pm EST, you won't receive payment for 2 business days.
With Express Factoring, you can get paid instantly upon job approval, 24 hours a day, 7 days a week, 365 days a year. This means that you can also get paid on days that banks are closed.
How to choose Express Factoring
With Denim, there are three ways to choose Express:
- When adding a job in Denim, you can toggle on the "Request Express Factoring" button:
- You can view your "Express Eligible" upcoming payments directly from your dashboard. These are your jobs that have already been approved. By selecting "Get Paid Now" and confirming, funds will be in your bank account, ready to use within 5 minutes. This means that if you're at an ATM, you can truly get paid instantly and withdraw cash.
- You can ask your account manager about enabling Express Factoring as your default payment method. Once enabled, all jobs will default to Express Factoring, though you're always able to disable the toggle on a job-by-job basis.
If you have any questions, please reach out to support@denim.com for more information.