FAQs

What is Buy Now Pay Later for business?

Our Buy Now Pay later is more than just paying an invoice in instalments, it opens up a line of credit for you that you can pay any invoice you like in 4 equal instalments as and when you choose

How long are the Buy Now, Pay Later repayment terms?

Four equal monthly instalments.

Will Selectpay fund any invoice value I submit?

Selectpay can fund invoices of any value.

How Does Invoice Finance Work?

Once you have your credit limit set up it’s up to you what invoices you fund and when. There are no monthly commitments, no hidden fees. You only pay for the invoices you fund, You receive up to 85% on date of issue, your client pays as per your terms & you’ll receive the balance

What are the payment terms for Invoice Financing?

There are no changes to the payment terms for your client, they pay in line with your payment terms.

How do I register?

Sign up takes just a few minutes, and with a simple credit check, you’re off and running. Just fill in a form on our website and our team will get you started today!

Is there a minimum or maximum number of invoices I can send for funding to Selectpay?

No, we can do as little as one invoice and there is no maximum (subject to business credit check).

Can we add Selectpay straight onto an invoice?

Yes you can. Simply speak to your account manager to get this organised.