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How does Trade Credit work?

 

 

 

 

Get flexible payment terms on your Paving Superstore purchase with Trade Credit

- especially for trade customers

We offer our trade customers an interest free deferred payment option and a simple checkout process. Instant decision at checkout once you've signed up to our free trade account. 

How it works

1. Fill your basket

Shop for the items you need and remember that you won’t need to pay for them upfront.

2. Head to the checkout

When you’re ready to finish your order, head to the checkout.

3. Choose to Pay Later with Paving Superstore Trade Credit

Select from the payment options that you are eligible for and choose your payment method.

4. Receive your goods

We’ll dispatch your order immediately while you’ll have the freedom to delay your payment by up to 30 days.

How it benefits you

Quick and easy to use:

You can access payment terms instantly and get what you need for your business in just a few clicks

Manage your cashflow

Cash flow constraints can cause operational problems and hold back your businesses’ growth. Delaying payment can help you to get what you need, when you need it, and focus on growing your business.

No hidden fees

When you delay your payment with Trade Credit, there’s no extra charges or hidden fees. You’ll get a tailored credit limit and payment plan options based on your business type and financial history.

No impact on your credit score

Our trade credit provider runs soft credit checks that do not affect your credit rating nor the credit rating of your business.

FAQs

What is Paving Superstore Trade Credit?

Our Trade Credit facility lets you purchase and receive the stock, equipment, or materials you need for your business, without having to pay any of the cost for up to 30 days.

So, it’s like Klarna or Clearpay for business?

Yes! It’s a very similar concept and interest free!

How long will I have to wait for approval?

Most of the time, your business will be approved for payment terms in less than a second. Occasionally, when a manual review is required, it can take longer.

How do you determine my credit limit and payment terms?

We use the name and address of your business to conduct a credit and fraud risk assessment, using a range of sources including Companies House. This does not impact your credit score.

Does Trade Credit affect my credit score?

Our credit and fraud checks do not impact your credit score. If your invoices are paid on time, your credit score will not be affected.

Why am I currently not eligible for Paving Superstore Trade Credit and how can I become eligible?

Your eligibility depends on several factors that revolve around your business' credit worthiness and purchasing behaviour. Our banking partner analyses your company, transactions and payment history in order to determine eligibility and unfortunately if certain criteria are not met, we cannot offer you Trade Credit. 

That said, by continually paying on time up front directly to us, you are increasing your chances of being offered paving Superstore Trade Credit in the future.

How can I pay for my order?

You can pay for your purchase using your usual method, such as credit card or direct debit.

Will I receive a reminder email when my payment is due?

Yes, you will receive a reminder email 3 days before your payment due date, informing you that you will be charged (by your chosen payment method) in 3 days time.

Can I settle my outstanding payment earlier than the date set out in my payment terms?

Yes, you can settle your payments early by card or bank transfer. Our customer support team will provide you with the details you need to do this.

What happens if I don’t pay my invoices in time?

Once your invoice is past its due date, our banking partner will begin the dunning process. They will attempt to contact you by email and telephone. If necessary, a collections agency will become involved.

Do I need to sign up to use Trade Credit?

No, you can use Trade Credit via your account with Paving Superstore. You don’t need to take any action before selecting your payment terms at checkout.

What’s the maximum amount I can spend on one transaction with Buy Now, Pay Later?

We can extend instant credit terms on orders up to the value of £20,000. Above that, our banking partner's credit analysts will need to run a manual review.

Can I pay in instalments?

Currently, we are unable to offer instalment payment plans.

Can I place an order using Paving Superstore Trade Credit one day, and then place another order using the facility order a few days later?

You can place as many orders as you like using our solution, provided you do not exceed the credit limit of your account and keep up with any due payments.

Can I still access Trade Credit if I am behind on my payments?

No. We will not allow customers with unpaid invoices to place any new orders until their debt has been cleared.

Simply choose Trade Credit at checkout to Pay Later - interest free!

 

 

 

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