Pay4 benefits a broad range of SMEs with turnover between £2m and £200m. Businesses need to be formally incorporated in the UK and have at least three year’s trading record.
Companies do not necessarily need to be profitable but will be assessed for creditworthiness.Contact us
Typically credit limits range from £100,000 to £1m and are calculated dependant on the business needs and creditworthiness. Your credit limit can be used, repaid and reused as often as required.Contact us
The only cost incurred is a Transaction Fee determined by the size of the payment and the repayment term. This is calculated on a payment by payment basis. Typically Transaction Fees vary between 1.1% and 1.5% per month.
There are no sign-up fees, non-utilisation fees or any other hidden costs.Contact us
Customers pay the Transaction Fee.
However Suppliers can provide an ‘early payment discount’ equal to the Transaction Fee. To facilitate this Pay4 provides a Certificate of Interest direct to the Supplier confirming the ‘early payment discount’ to be applied.Contact us
You chose the repayment term for each transaction, up to a maximum of 120 days.Contact us
Any payment to a trade supplier of goods or services worldwide.Contact us
Applicants are required to complete a simple enrolment process and to provide financial info backing up the requested credit limit. Pay4 will complete the application within a week of receiving all the required information.Contact us
Pay4 Limited is registered in Jersey.Contact us
Pay4 can receive funds from various sources including UK banks, investment vehicles and high net worth individuals. Pay4 is always looking to diversify its supply of funds for the benefit of its Customers.Contact us
Please contact us to register your Customer with Pay4. Once approved they will be able to make payments to you on ‘day one’. The cost of the finance can be borne by your customer or by yourself via an early payment discount equal to the Transaction Fee.Contact us
Yes. The facility can be used with any number of suppliers, wherever they are in the world.Contact us