Get cash today without going into a bank or revealing your financial information. We help growing B2B SMEs in Construction, Real Estate and more.
The creditstretch® is a business tool that gives growth companies fast access to money they need from unpaid invoices.
On as many (or as few) invoices as you like on a pay-as-you-go basis.
You don’t need to inform the bank or any other financial partners.
No hidden costs. No unexpected additional fees. Payments, credit rating, and credit insurance all included in the fee of 3.75% of the invoice amount (equal to APR of 19-22,5%)
We serve a wide range of companies in many different industries.
Many business in construction and real estate development experience payments only follow certain milestones, which can be delayed due to a third party or factors not in their control. This can lead to a sudden need of liquidity. Fellow Pay offers a quick and effective access to liquidity without the usual slow application processes and financial interrogation.
When in need of liquidity to acquire raw materials or a new production facility, a Creditstretch® provides a fast and non-binding solution. No need to expand the credit at the bank or entering a long term agreement that you don't actually need if the short term need of liquidity is solved.
No. Using our service only depends on the credit rating of invoice receiver. It will therefore not affect the credit rating of your company when you make a creditstretch®.
No. The proces is easy and straightforward. You decide yourself if you want to use our service for one invoice only or more - the cost and process for each invoice is the same. All is online, no paperwork is required, no binding, long term contracts, no need for special IT set-up and no surety is required. There is no financial interrogation involved and you do not have to present your accounts. Just upload you invoice together with registration numbers of the companies involved and we will give you a quick answer.
No. Unlike other finance providers, Fellow Pay benefits the buyer and seller at the same time. The buyer get up to 60 days extra to pay while the supplier gets paid now. The supplier will be paid for most of the invoice, solving the immediate cash need for the both of you in one go. That is a clear win/win.
Most finance providers do not have good setup to service smaller and maybe less creditworthy SMEs. But we have. If the invoice receiver (your costumer) is creditworthy, we will finance them and give the invoice issuer (you) 60 days to pay.
We only credit check the invoice receiver. We do not look at the invoice issuer. If the invoice receiver not is creditworthy you can try applying for a credit stretch based on an invoice from another of your customers.
Customers are making the switch to the credit stretch every day. Here's a small selection of what they're saying about us.
Here is a little taste of what our customers have been saying about us