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Buyer finance for businesses

Are you a supplier, wholesaler, distributor or B2B marketplace looking to stabilise your income and ensure prompt payment from your customers?
Give your business customers a better way to pay your invoices on time.
*Please note: To offer Buyer Finance to your customers via Spenda you must meet the minimum selection criteria, otherwise your application will be automatically rejected.
Register today

What is Buyer Finance?

Buyer Finance is a facility you can offer your customers that allows them to pay you on credit when an invoice is due. Typically, customers choose Buyer Finance to pay suppliers, improving their cash flow through extended payment terms.

How do my customers get extended payment terms?

Customers can use Buyer Finance to pay your invoices when they are due. Spenda offers access to extended payment terms that they repay at a later date.
How it works
STEP
01
Register for a facility
Click here to start offering your customers Buyer Finance.​
STEP
02
Send invoices
Send all your Customer invoices online via Spenda (integrated with your existing invoicing software).
STEP
03
Customer payments
Customers can opt to pay using Buyer Finance (or in full via Card or Bank Account).
STEP
04
Funds are issued
Invoices are paid in full, on time, every time.
Are you ready to get started?
BOOST ORDER VOLUMES
Offer favourable payment terms
Utilise on-demand, point of activity lending to limit your credit exposure and get paid on time, every time, while offering your customers extended payment terms. Your customers can further extend their payment terms when they pay by credit card.*
*Card payment terms and points are dependent on the terms offered by individual credit card providers.
SMARTER DEBTOR MANAGEMENT
Minimise your credit risk
With Buyer Finance, you get paid on time, while we manage the payments with your customers.
GET PAID ON TIME
Fast and secure payments
No more guessing games on when to expect payments. Get paid on or before your payment due date and gain control over the money moving in and out of your business.
IMPROVED CASH FLOW MANAGEMENT
Fund your business growth
Gaining control over your Accounts Receivable gives you the confidence to accurately forecast cash flow and invest in the future needs of your business.

Eligibility criteria

To be eligible for this facility, you must:
Your connected buyers will get:

Fee structure

What connected buyers get
Funding amount
Up to $300,000
Instalment payments
Pay in one transaction or in instalments
Buyer repayments
30-90 days from due date - depending on terms
Your customer's fees
Funding fee
From 1.6%
Time for supplier to receive payment
2 business days
Currency
AUD
Are you ready to get started?

Apply for payments

Please fill out the form and one of our team members will be in touch to discuss your requirements.