Do all of your invoices have to be prepaid?
Every invoice for your supplier will be evaluated and may be automatically prepaid. So, yes.
Just published: Supplier insight study on virtual card adoption trends.
Every invoice for your supplier will be evaluated and may be automatically prepaid. So, yes.
Continue to send in your invoices as per today, and our algorithms decide if we can pay you early.
You should see a reduction in time spent chasing payments.
There is a small fee in return for receiving prepayment.
Most companies can receive InstantPay payments, but only where offered by your customer.
If you invoice this customer frequently, then nothing. Otherwise you may wish to settle the amount manually to avoid possible interest charges.
Adjustments can occur whenever your customer uses a credit note or debit note to settle their account, or if there are any changes or cancellations of invoices we’ve prepaid.
There are no extra charges for you when your customer is late paying us.
You will be paid according to the standard timings agreed with your customer.
A Customer account adjustment provides information about any adjustments we have made over and above deducting our normal fees.
A Supplier Claim occurs when we have a shortfall between what we have paid you and what we have received from your customer.
This is the reference your customer provides to us. Contact our customer service if you need more detailed information.
This is not a credit product, so there is none unless you owe us money.
Immediately following a grace period except when the claim is caused by a cancelled or amended invoice.
We prepay your invoice as early as possible, however your customer will keep it open for amendment/dispute until it is approved according to their internal processes which can result in a shortfall.
No. We have a separate relationship with them already.
Please contact us on 020 8158 8638 during business hours (Mon to Fri, 9am to 5pm UK) if you are interested in a short-term loan or advance.
We are ISO 27001 certified. No data will be shared without your consent.
Your contract will contain the full tems, but read more for a summary.
Between £25k and £2m, but your limit will be based on your monthly turnover.
In the first instance, we will contact you, however please read on for more details.
There is a flat fee that starts from 4% of your InstantAdvance.
You must be registered in the UK and have UK resident Directors.
Your repayments adjust in-line with your revenue, but there are limits.
Contact us (read this document for more information).
There is no third-party accreditation required at this time.
No. But it’s easy to apply for another advance.
If you invoice this customer frequently, then nothing. Otherwise you may wish to settle the amount manually to avoid possible interest charges.
Adjustments can occur whenever your customer uses a credit note or debit note to settle their account, or if there are any changes or cancellations of invoices we’ve prepaid.
A Customer account adjustment provides information about any adjustments we have made over and above deducting our normal fees.
A Supplier Claim occurs when we have a shortfall between what we have paid you and what we have received from your customer.
This is the reference your customer provides to us. Contact our customer service if you need more detailed information.
Immediately following a grace period except when the claim is caused by a cancelled or amended invoice.
We prepay your invoice as early as possible, however your customer will keep it open for amendment/dispute until it is approved according to their internal processes which can result in a shortfall.
If you can’t find a solution, then feel free to contact our support team using the details at the bottom of this page, or the form.
