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Payments and Billings - Clients

Written by Laura
Updated this week


  1. 1. As a client, what are my payment options?

    To complete your registration, you will need to choose your preferred method of paying contractors. Currently, we have two payment methods to choose from:

    • Credit Card

    • Invoicing

    Some additional information can be found below.

    Credit Card

    Will you take payment right after raising the booking?

    No, no payments are processed until the contractor's timesheet is signed off.

    Why do you need to take my card details now, if you are not taking payment?

    We pay our contractors, guaranteed, on 14 day terms (unless agreed otherwise) - it’s one of the many reasons they love us. Therefore, we ask our clients for their card details on sign up as a security measure, much like a hotel might ask for a credit card when you check in. We won’t take any money from it until the first timesheet is signed off.

    If you would like further details, please email us at hello@yunojuno.com.

    Do you hold or have access to my card details?

    No, we don't hold or have access to your card details. Stripe, our payment solution does.

    Invoicing

    What is Invoicing?

    Upon signing off timesheets, instead of taking the money directly from a card, we invoice your Company on the contracted payment terms.

    Why do you need to run a credit check?

    We pay our contractors booked through our marketplace in 14 days, so require a credit check on any businesses we work with who choose the invoice finance option.

    When contractors are directly invited by a client, client payment terms might apply


    Will it affect my credit score?

    No, this is a soft check and does not create a credit check mark on the company or directors.

    What information do you need?

    To help run the credit check, we require your Company Registration Number. If we require any other details, including a UK landline number, we will be in touch.

    If you’re a UK registered Limited Company, you can find your Company Registration Number here.

    What fees will I pay?

    Unless agreed otherwise YunoJuno charges 12% on top of the contractor's daily, hourly or project rate.

    Do you charge VAT?

    Yes, for all UK companies.


    2. What are YunoJuno's payment terms?

    Payment terms for Clients:

    Our payment terms for clients are 30 days or may vary based on any negotiated terms.

    As soon as a weekly timesheet is signed off by you, we begin processing the contractors payment and invoice you on our terms.

    Payment terms for Contractors:

    We pay contractors booked through YunoJuno Marketplace within 14 days of timesheet approval (by the hiring client) and invoice receipt. Please note that when contractors are directly invited by a client, client payment terms might apply.


    3. What is YunoJuno's address for invoicing purposes?

    Please address invoices to:

    Work.Life Fitzrovia, 33 Foley Street, London, W1W 7TL

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