Butn vs Earlypay
A person comparing Butn with Earlypay is deciding how to free cash tied up in unpaid invoices for an Australian SME. The choice is between advances on selected invoices through a fintech platform and a broader invoice- and equipment-finance relationship with a listed specialist lender.
Butn
74 / 100
Best for
A business that wants to fund chosen invoices (often inside accounting software or a partner platform) with a published percentage fee for each term bracket.
Earlypay
73 / 100
Best for
A business that wants ongoing invoice finance, and often equipment or trade finance, through a facility run by a relationship manager, from a lender with a larger loan book.
Watch-out
Earlypay publishes indicative starting rates for invoice finance, with the final rate set after assessment. Butn’s fee schedule for the MYOB channel lists exact fees for each day band, though the End User Agreement still governs.
Bottom line
Choose Butn when the business wants advances on selected invoices, often through its software, with the fee shown on each one. Choose Earlypay when the business wants a broader finance relationship and is comfortable with the fuller credit assessment a facility needs.