What is an Early Payout and how can it be requested?

  1. CUR8
  2. Accounting
  3. Payouts
Erika
Erika
  • Updated

What is an Early Payout, and what is included in an Early Payout?

An Early Payout is a payout ahead of your project's final event date. The early payout will be 95% of the net credit card sales for this project, plus any donation balance.

An Early Payout is especially helpful for multi-week projects that need quicker access to funds.

 

What payout types are eligible for an Early Payout request?

You can make an Early Payout Request if you're using Check at Closing or ACH.

 

Who can request an Early Payout?

Any administrator on the organization's account can submit an early payout request. 

 

Where can an Early Payout be requested?

  • Log in to your CUR8.
  • Select Menu, in the lower left corner, for the specific Project.
  • Scroll down to find the "Early Payout Request" line and select it.

  • You'll be asked to confirm you wish to request an early payout.
 

How many times can an Early payout be requested?

One time per project.

The Early Payout must be requested before the 95% payout and will be processed within 1-3 business days from the time of request. If you need the payment to be expedited, please contact customer service immediately after confirming. We will do our best to accommodate the request.

Organization Payout Options

 

The Early Payout Request is grayed out and cannot be selected.

This typically means one of two things: 

  1. An Early Payout has already been requested (limited to one per project)

  2. The 95% payout has already been triggered. 

    For more information, please contact our customer service team.