BidFin Extended Payment Terms (BEPT)
BEPT allows anyone in the IT supply chain to extend their payment terms with a supplier.
The supply chain includes Vendors, Distributors, Resellers & End Customers.
Any entity can USE BEPT for purchasing AND
Any entity can OFFER BEPT to their End Customers
Vendors
Distributors
Resellers
We integrate BEPT into the IT supply chain quoting and invoice process.
Quote
Using our BEPT Quote Tool, simply enter the invoice value and select a preferred Extended Payment Terms option - 30/60/ or 90 days to generate an immediate quote for submission.
No application or invoice drawdown fees apply.
Minimum facillity $15,000.00. Minimum invoice value $5,000.00.
Invoice Payment
BidFin pays the IT Supplier at 100% of the invoice value on due date.
No invoice draw down fees.
Ability to pay invoices billed in other currencies. Speak to us to find out more.
Repayments/Reuse
Repayments are made by Direct Debit according to the Extended Payment Terms schedule.
When the invoice is paid in full, facility can be used to extend terms on future supplier invoices.
Select from 30, 60 or 90 days.