Frequently Asked Questions
How does supply chain finance differ from invoice finance?
Invoice finance is initiated by the supplier to improve its own cash flow, while supply chain finance is typically arranged by the buyer to help suppliers get paid earlier.
How long does it take to set up a facility?
The setup process usually takes 2-3 weeks, depending on the complexity of your business and the information provided.
Do I need to provide security or guarantees?
Typically, the invoices themselves act as security. In some cases, personal guarantees or debentures may also be required.
Will using finance tie me into a long-term contract?
No. Billflow is completely selective - you choose when and how to use finance, without being tied into long-term commitments.
Do we need to change our AP process?
No. You approve invoices exactly as you do today.
Will suppliers need to sign up?
No. Suppliers are paid through our program with no action required from them.
How fast are suppliers paid?
Typically within a few days of our approval.
Can we choose which invoices are funded?
Yes. You have full control over which supplier payments flow through the program.
Is invoice factoring a loan?
No - factoring is the sale of your accounts receivable, so it doesn’t add new debt to your balance sheet.
How fast can I get funds?
Most clients receive advances within 24-48 hours after approval and invoice verification.
Do I need perfect credit?
Not at all. Approval is primarily based on your customers’ creditworthiness and payment history.
Can factoring help me capture supplier discounts?
Yes. With quicker access to cash, many clients pay vendors early and negotiate better pricing.