Buy now, pay later
Longer terms on one purchase, not a programme.
Your supplier is paid on their terms. You pay later, for a fee you see before you commit. No programme to set up, no supplier to enrol, and no facility to negotiate first.
Priced per transaction. Your supplier is paid as normal.
The problem
Supplier finance is the right answer to a bigger question.
A full supplier finance programme is the better structure when you have scale: many suppliers, recurring spend, and a treasury team with the appetite to design and run it. It also takes months to stand up, needs your suppliers to enrol, and needs an accounting opinion before you launch.
None of that helps when the need is one shipment, this quarter, from a supplier you may not buy from again. The purchase is real, the cash timing is awkward, and the options are to fund it yourself, ask the supplier for terms they have already refused, or not buy.
So this is the small version, deliberately. One purchase, a fee you can see, terms extended without anyone else having to change how they work.
- Per transaction, with nothing to set up first
- Your supplier is paid on their existing terms
- A fee quoted up front, not a rate to work out
How it works
Four steps, and the fee is visible at step two.
Designed to be usable on a single purchase without a project attached.
- 01
Tell us about the purchase
The supplier, the amount, the currency and the terms you want. The invoice or the order is enough to start; there is no separate application.
- 02
You see the fee before deciding
The total cost for the extension you asked for, as one figure in your currency. You accept it or you do not, and nothing happens until you do.
- 03
Your supplier is paid
On their own terms, in their currency, as if you had paid directly. From their point of view nothing about the transaction has changed.
- 04
You pay on the extended date
One settlement on the agreed date. If it becomes a regular pattern, that is the point at which a supplier finance programme is worth discussing instead.
How it works commercially
- Per transaction
- No programme, no facility to set up first
- Fee up front
- One figure, shown before you commit
- 0 suppliers
- Need to enrol or be notified
- Days to first use
- Once your company is onboarded
Indicative. Eligibility, limits and fees depend on your company's credit standing, the supplier, the corridor and the extension requested. Availability varies by jurisdiction.
What you need
What we look at.
Shorter than a facility application, because the exposure is a single transaction rather than a limit.
- 01 Your company's standing
- This is your credit, not your supplier's, because you are the one paying later. Which is why it is assessed on you and priced accordingly.
- 02 A real purchase
- An invoice or a purchase order for goods or services actually being bought. Not a cash advance with a supplier name attached.
- 03 An identifiable supplier
- A business we can verify and pay, in a corridor we can pay into.
- 04 A sensible extension
- The terms you are asking for against the nature of the goods. Very long extensions on perishable or fast-moving stock get questioned rather than declined.
- 05 Identity checks
- KYC and KYB on your company and its signatories, plus sanctions screening through a specialist provider. Done once, not per transaction.
- 06 Room under your limit
- Once onboarded you have a working limit, and each transaction draws against it. It is visible to you rather than discovered at decline.
Questions
The obvious questions.
How is this different from supplier finance?
Supplier finance is a programme you design, with your suppliers enrolled, priced on your credit, and generally cheaper at scale. This is a single transaction with nothing to set up. If you find yourself using it repeatedly with the same suppliers, a programme will be better value and we will tell you so.
Does my supplier know?
They are paid on their normal terms in their normal currency. They do not need to enrol in anything or change how they invoice.
What does it cost?
A fee for the extension, shown as a single figure before you accept, rather than a rate you have to convert. What drives it is your credit standing, the length of the extension and the corridor.
Will this show as debt on our balance sheet?
It is a deferred payment obligation and how it is classified depends on the structure and your auditor's view. For one-off use the question is usually straightforward; if it becomes material, get the opinion. We will explain the mechanics to your finance team in whatever detail they want.
Is there a limit?
Yes, set when you onboard and visible to you. Transactions draw against it and it frees up as you settle.
What happens if we pay late?
It is handled under your agreement with us, and your supplier is unaffected because they were paid at the outset. We would rather talk to you before the date than after it.
Start small
Send us one purchase order.
The supplier, the amount and the terms you want. We will come back with the fee and whether it is something we can do.
- A quoted fee, not a rate to work out
- Nothing to set up beyond onboarding your company
- If a programme would suit you better, we will say so