Press release -

Manage liquidity peaks and troughs with Billhop

Active liquidity management has become the everyday reality of any business owner. Incoming payments from customers might be delayed and sometimes your suppliers require payment before releasing purchased merchandise.

With Billhop, any credit card can be used to pay any invoice. The service broadens the choice available to SMEs in today’s market where often traditional credit might not be available. Registration takes less than a minute and no fixed fees apply. We see our customers paying all types of invoices including payments to the HMRC, for utilities, raw materials and council taxes.

On the back of card payments made by small and large businesses, Billhop has experienced a significant pace of growth in Europe generally. In the United Kingdom particularly, Billhop has been well received by companies of all sizes and sectors. Small companies benefit from the grace period on their existing credit cards. Similarly, larger corporations use bespoke credit cards as a working capital financing solution when paying larger ticket suppliers through Billhop.

Sebastian Andreescu, CEO of Billhop, said:

“Our ambition has always been to find the best possible solution for businesses to address their need for supply chain financing. ...”

Topics

  • Economy, Finance

About Billhop

Billhop enables businesses and individuals to pay their invoices using their existing credit or debit card. Billhop is a Swedish Payment Institution licensed by the Swedish Financial Supervisory Authority (Finansinspektionen) with headquarters in Stockholm. Billhop is authorised to provide payment services on a cross-border basis under the Payment Services Directive.

Contacts

Sebastian Andreescu

Press contact CEO & co-founder