Overdue invoices are a thing of the past with new payment service

Now you can always pay your suppliers on time, without compromising your own liquidity!

Many are forced to pay their bills after the final payment date because they do not have the liquidity to pay them on time.

Billhop is a Swedish payment service which makes it possible for businesses and individuals to pay their invoices using their existing cards. Most Swedish credit or debit cards have an interest free credit period of 30-60 days. By paying your bills with your payment card, you can be sure that your suppliers are paid on time, without needing to sacrifice your liquidity.

“At Billhop, we offer businesses an alternative to factoring. Instead of selling your future revenue to improve liquidity, we provide the opportunity to postpone your expenses until you have received payment from your customers.”

– Sebastian Andreescu , CEO at Billhop

Advantages of using the service

• Your suppliers receive payment directly and on time, without you having to compromise your liquidity.
• You don’t need to sell your customers’ invoices or apply for new loans.
• You decide yourself which invoices you want to extend the payment time for.

Bonus points on your purchases

Many card providers have a rewards programme linked to their cards. This can mean anything from bonus points which you can use to pay for travel expenses, to cash back on the amount spent. Through paying all of their invoices by card, businesses can take advantage of the bonus points they will subsequently earn to, for example, hire a car or use them to pay for business trips.

How does the service work?

The service has a fee which is related to the transaction sum. There are no fixed or start-up fees, and everyone can register an account for free.

It takes less than a minute to get started using the service. No applications, credit checks or other unnecessary administrative processes are required - you simply use your existing card.