What is a credit stretch?
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We give you the first 60 days to stretch the payment of your invoices. Give yourself a buffer to grow and take control of your cash flow.
Need an extra month? Simply stretch it with one click.
A business growth tool that lengthens your payment terms, without harming your supplier relationships.
On as many (or as few) invoices as you like on a pay-as-you-go basis.
Increase your payment terms to 60 days. Or add an extra 30 days for 1%.
Retain the right to point out mistakes on work delivered to you. This helps you sort out guarantee issues.
Find out more.
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You’ll get an immediate answer upon application. No phone call. No going into a bank. No financial interrogation. And it won’t affect your credit rating.
We pay your supplier 80% of the invoice. You pay that amount back to Fellow Pay, 60 to 90 days later. The remaining 20% of the invoice is still left between you and your supplier, on original terms, to cover the cost of any guarantee issues for the work delivered. You still retain the right to point out mistakes on the remaining 20% of the original invoice.
No hidden costs. No unexpected additional fees. Payments, credit rating, and credit insurance all included in the price.
No hidden fees. No credit check. Immediate payment.
Equal to 3% of total invoice amount
We currently only service invoices between two Danish companies. If you're selling to or buying from a foreign company, or you're based outside of Denmark, we're currently working on a solution for you. Please click below to find out more.
No. And we only care about credit checking the part that receives the invoice. It won’t affect your credit rating when you make a credit stretch.
No, we simplified the process. There’s no financial interrogation involved and you don’t have to show your accounts. Just upload an invoice and we'll give you a quick answer.
No. Unlike other finance providers, Fellow Pay benefits the buyer and seller at the same time. The buyer can now get 60 days extra to pay while the supplier gets paid now. The supplier will be paid for most of the invoice, solving both of your problems at the same time. It's win/win.
Most finance providers can’t service smaller, less creditworthy SMEs. But we can. If the invoice receiver is creditworthy, we will finance them and give the invoice issuer 60 days to pay.
We only credit check the invoice receiver. We don’t even look at the invoice issuer. If the invoice receiver isn't creditworthy you could try an invoice from another customer.
Customers are making the switch to the credit stretch every day. Here's a small selection of what they're saying about us.
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Here's a little taste of what our customers have been saying about us.
