Distributing app while in 'hold for developer release'?

I believe (correct me if I'm wrong) that when a new app reaches 'hold for developer release' status, you have access to your promo codes even though the app is not technically available for sale.
My question is:  if your app is free, is there a direct link you can use to distribute the app to a set of users before you mark it 'ready for sale', or are you strictly limited to the promo codes.  I realize test flight is an option for distribution as well but I'm trying to determine what other options might be available before the app is 'ready for sale'.
Thanks for your help!

Your iTunes Connect account is tied to one bank account that receives all the proceeds. What you do with the money after that is your own problem. You also have to call Apple to get that account changed. I haven't been paid yet, but I'm guessing they deposit in one lump sum for all apps you've published, which could be a problem if you have several apps with different contributors; however, the iTunes financial reports should give you enough information so that you can split it.
If you don't want to open your personal account's statements up to examination by your partners, I'd suggest you open a new account for your iPhone apps and give that to iTunes. That way you can include bank statements and iTunes reports with your checks so they can see that you're not cheating them.

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