BEPT allows anyone in the IT supply chain to extend their payment terms with a supplier.
The supply chain includes Vendors, Distributors, & Resellers.
We integrate BEPT into the IT supply chain quoting and invoice process.
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 facility $15,000.00.
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.
Repayments are made by Direct Debit according to the Extended Payment Terms schedule.
When the invoice is paid in full, the facility can be used to extend terms on future supplier invoices.
Select from 30, 60 or 90 days.
Applying for an Extended Payment Terms Facility is straightforward. Refer to the workflow diagram for more detail.
Contact us if you have further questions.
HOW DOES IT WORK?
This is an non-necessary category.