We give you the first 60 days to stretch the payment of your invoices. Give yourself a buffer to grow and take control of your cash flow.
Need an extra month? Simply stretch it with one click.
A business growth tool that lengthens your payment terms, without harming your supplier relationships.
On as many (or as few) invoices as you like on a pay-as-you-go basis.
Increase your payment terms to 60 days. Or add an extra 30 days for 1%.
Retain the right to point out mistakes on work delivered to you. This helps you sort out guarantee issues.
Find out more.
You will get an immediate answer upon application. No phone call. No going into a bank. No financial interrogation. And it will not affect your credit rating.
We pay your supplier 80% of the invoice. You pay that amount back to Fellow Pay 60 to 90 days later. The remaining 20% of the invoice is still left between you and your supplier, on original terms, to cover the cost of any guarantee issues for the work delivered. You still retain the right to point out mistakes on the remaining 20% of the original invoice.
No hidden costs. No unexpected additional fees. Payments, credit rating, and credit insurance all included in the price.
No. Using our service only depends on the credit rating of invoice receiver. It will therefore not affect the credit rating of your company when you make a creditstretch®.
No. The proces is easy and straightforward. You decide yourself if you want to use our service for one invoice only or more - the cost and process for each invoice is the same. All is online, no paperwork is required, no binding, long term contracts, no need for special IT set-up and no surety is required. There is no financial interrogation involved and you do not have to present your accounts. Just upload you invoice together with registration numbers of the companies involved and we will give you a quick answer.
No. Unlike other finance providers, Fellow Pay benefits the buyer and seller at the same time. The buyer get up to 60 days extra to pay while the supplier gets paid now. The supplier will be paid for most of the invoice, solving the immediate cash need for the both of you in one go. That is a clear win/win.
Most finance providers do not have good setup to service smaller and maybe less creditworthy SMEs. But we have. If the invoice receiver (your costumer) is creditworthy, we will finance them and give the invoice issuer (you) 60 days to pay.
We only credit check the invoice receiver. We do not look at the invoice issuer. If the invoice receiver not is creditworthy you can try applying for a credit stretch based on an invoice from another of your customers.
Customers are making the switch to the credit stretch every day. Here's a small selection of what they're saying about us.
Here is a little taste of what our customers have been saying about us
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