As a buyer, you have many supplier who are complaining about long payment terms and the limited access to the short term funding. The suppliers are important to you, but phone calls regarding invoices status and down payments can be irritating. You are also frustrated with low bank deposit rates. The solution is Cashy - platform, which allows you to earn on discount and, at the same time, to eliminate suppliers' payment lags.
An access to the earlier cash has never been so simple.
the access to the cheaper financing – the Suppliers don't have to take payday loans or microfactoring.
opportunity to decide whether and when to get the early payment - they can flexibly manage their cashflow
the online contact with a buyer - an effective & convenient way of the negotiations with contractor
no corrective invoice required – just 1 click needed to accept the invoice early payment
minimum of formalities – no agreement with Cashy, just terms & conditions of using the platform
How it works
The supplier receives from the buyer invitation to the Cashy platform via email - the supplier completes registration form and goes through verification process.
The supplier gets the early payment offer for his invoice – it contains cost (discount) for the early payment, which was defined by the buyer. The supplier decides whether and when to get the early payment.
After the approval of the early payment the supplier gets the payment for the invoice. The payment is made by the buyer via his own current account. The invoice amount is reduced by an agreed by the supplier early payment discount. .