SupplierPlus simplifies all the processes necessary for receiving factoring financing from Creditors, selling invoices, receiving payments and settling claims.
Can I use your platform if my customers are from different countries?
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Yes, you can as long as your customer is signed up to the platform as a Debtor.
What happens if the Debtor does not pay the Creditor on the due date?
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The platform checks the payment term, notifies the parties about the upcoming payment and informs them about the delay. However, the Creditor accepts the risk of nonpayment by the Debtor, and the Debtor is obliged to pay. Claim collection is ultimately the responsibility of the Creditor.
How fast is the Supplier onboarding process, from first contact to receiving financing?
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As long as your customer is already on the platform as a Debtor, the sign-up can be completed and financing can be started in a single day.
Will the payment terms for my customers change after I start using the platform?
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SupplierPlus is not involved in setting the payment terms between Buyers and Suppliers. The Buyer is free to set their own conditions to Suppliers for using the financing solution.