All
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Supplier Financing
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Procure to Pay
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Dynamic Discounting
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Supply Chain Finance
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Factoring
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Asset Based Lending

Products

Supplier Financing

Procure to Pay

Dynamic Discounting

Supply Chain Financing

Factoring

Asset Based Lending

Products

PayMeFaster offers a range of flexible financial products, all of which guarantee win-win relationships for both buyers and sellers. Our experienced team works with the latest technologies on a highly automated platform, but all you see are simple solutions.

Please click on the links displayed above for an overview of each of our various products. Or contact a member of the PayMeFaster team to learn more.

Supplier Financing

Supplier (or “supply chain”) financing makes the most of cash flow for everyone in the supply chain.

No, it’s not a loan - it’s a solution, which PayMeFaster manages on your behalf.

PayMeFaster provides quick and easy payment to suppliers, allowing them fast access to cash flow. They also manage collections from the Buyer, which streamlines the process for all parties and reduces administration. It stretches out the buyer’s payment terms to suppliers and gets the suppliers paid faster at the same time.

Procure to Pay or P2P Financing

Procure-to-pay financing is a seamless system of integrated account management. With P2P financing from PayMeFaster, we become your one-stop-shop for the whole lifecycle of each transaction from the time an order is placed to paying the bill.

PayMeFaster’s innovative technology platform provides a streamlined transactional experience and a holistic view of the process, resulting in a more efficient and transparent platform for all parties.

Buyers get the most efficient purchasing process possible, while sellers get their money sooner.

Dynamic Discounting

With dynamic discounting, for the buyer the earlier you pay, the less you pay. and for suppliers, you can choose whether you get paid on day 1, 2, 14, or 23, it’s dynamic and flexible. The buyer saves money because discounts are offered on a sliding scale depending on how many days early the bill is paid, and the supplier gets cash-in-hand ASAP.

PayMeFaster offers the best of both worlds by providing instant access to cash for Suppliers while allowing Buyers the continued flexibility of choosing how and when to pay.

Suppliers receive cash in hand immediately, without adversely affecting the buyers bottom line.

Supply Chain Finance (SCF)

Supply Chain Finance can be seen as structured payable finance programs that benefit both the purchaser (buyer) and the supplier (seller). This improves the buyers' working capital and the suppliers liquidity.

PayMeFaster is the intermediary solution that streamlines the payment process and provides an efficient accounts payable platform. Suppliers are paid immediately on their invoices at a discounted amount improving their overall working capital.

The availability of immediate cash to the supplier assists in renegotiating or extending payment terms with buyers which also improves overall working capital for the purchaser.

Factoring

When a company has a high volume of accounts receivable but not a lot of actual cash coming in, factoring offers a quick way to get back in the black.

PayMeFaster will purchase a seller's accounts receivables, taking the burden off the seller’s hands and becoming the new owner of the invoices. PayMeFaster will assume the administration and collection on the receivables and provide detailed and clear information to the seller regarding payment.

With PayMeFaster the seller can focus on their business, not their collections.

Asset Based Finance

Asset-based financing is a short-term source of money for businesses who have “assets” but not enough cash-on-hand for critical business operations, such as purchasing additional inventory or funding payroll.

PayMeFaster uses those assets, like the company’s accounts receivable or inventory, to back up the loan and get the company the money it needs now.

The company can focus on keeping its business running without having to wait for cash flow.