There may be times that you'd prefer to pay off an invoice that you opted to extend (via Extended Payment Terms, or EPT) before the payment is due. You can do this at any time before the due date, however please note that EPT fees that have already been paid cannot be refunded or prorated in these instances.

Paying off an extended invoice before its due date

  1. Navigate to the individual page for the invoice you'd like to repay early.

  2. Select Change to bring up the Change extended payment terms window.

  3. Select the "Pay Settle now" button towards the bottom left of the window to schedule an ACH debit from your bank account for repayment to Settle (note: we do not refund EPT fees for repayment is initiated in the middle of an extension period).

Note: If you decide to pay Settle back early, we do not refund you the EPT fee for any partially completed extension periods. Future extension periods will not be charged. For example: If you extended an invoice out to 120 days, then decide to pay Settle back on day 75, you will not be charged for the final extension period (90 to 120 days), but won't be refunded for the 60 to 90 day period.

Looking to further extend the repayment window on an invoice? Click here to learn how to change time extensions.

Did this answer your question?