Freelance work fails for the same reason on both sides: someone has to go first with no guarantee. NEFIMS holds the client's payment before you start, and releases it the moment the work is approved.
Funds are already secured before you start work — there's nothing left to chase.
Milestone-based release means clients only fund the next phase once the last one is approved.
A structured mediation process replaces the standoff with a documented resolution.
Break the project into stages, each with its own deliverable and payment amount.
Payment for the current stage is held in escrow before work begins.
Once the client approves the milestone, funds release — and the next one opens.
2.0% of transaction value, minimum $15 per milestone.
Fee is split evenly between buyer and seller by default, or can be assigned to one party in the agreement terms.
See full fee schedule →I stopped taking 50% deposits and hoping the rest showed up. Now every milestone is already funded before I touch the project.
The milestone stays in escrow and both parties can revise the deliverable or open a dispute — funds are never returned or released unilaterally.
Yes. Set up a recurring escrow agreement that funds automatically at the start of each billing period.
Only what's in the agreement terms — NEFIMS doesn't share your other clients or rates.