Four steps from invoice to paid.
Your customer keeps their terms. You stop waiting for them.
- Without us
- 60 days
- With Convertibill, once approved
- Days
- 1
You deliver
You deliver the goods or finish the work, and invoice your customer on your usual terms.
- 2
We buy the invoice
You offer the invoices you choose. Once an invoice is verified, Credebt buys it.
- 3
You're paid
You are paid when we buy the invoice, not when your customer pays. Funded in days, once you are approved and the invoice is verified. What is paid, and when, is set out in writing before you sign.
- 4
Your customer pays Credebt
Your customer pays Credebt when the invoice falls due; how that is arranged with your customer is agreed with you before the first trade.
What decides your terms.
Three things, all about your business and the customers who pay it. We talk them through on the call. We do not publish terms.
- Your customers' credit strength
- Who owes you the money matters most. You are judged on your customers' strength, not only your own.
- Your payment terms
- How long your customers take to pay, from net 30 to net 90 and beyond.
- Your volume
- How much you invoice, and how often you would like to sell.
Every term is given to you in writing before anything is signed.
You choose.
The decisions that matter to your business stay with you.
Which customers.
Offer invoices to the customers you choose. Every other customer carries on exactly as before.
Which invoices.
Sell a single invoice or a steady run of them, when you want to sell them.
No blanket lien.
There is no blanket lien over the whole company. The written terms set out what each purchase covers.
A true sale.
We buy the invoice outright. It is a true sale, not a debt.
Not borrowing. A sale.
We buy invoices you have already earned.
| What you get | Bank borrowing | Convertibill |
|---|---|---|
| No blanket lien over the whole company | No | Yes |
| You choose which customers and invoices to sell | No | Yes |
| A true sale, not a debt | No | Yes |
| Judged on your customers’ strength, not only your own | No | Yes |
| Quick application and decision | No | Yes |
| Funded in days, once approved | No | Yes |
| Grows as your sales grow | No | Yes |
| Use it only when you need it | No | Yes |
| No monthly instalments | No | Yes |
It starts with a 30-minute call.
On the call
- We talk about
- Your customers, their payment terms and the invoices you would sell.
- You leave with
- A straight answer on whether we are a fit, and what happens next.
- Nothing is signed
- The call carries no obligation. Every term comes in writing first.
After the call
- We write to you with what we heard and the documents your file needs.
- The Trade Desk reviews the file and asks any questions by phone.
- If we are a fit, you receive every term in writing. Nothing is signed before you have read it.
- Then you choose the first invoices to sell.
Documents we typically ask for
- Recent invoices to the customers you would sell
- A customer list with each customer's payment terms
- Company registration documents
- Identification for each director
We confirm what your file needs on the call, so the list holds no surprises.
Asked before the first call.
Short answers. Anything specific to your business is better said on the call.
Has one of your suppliers asked you to pay Credebt?
Read about notices firstNeither. A merchant cash product buys a share of your future sales and collects it from your account. Convertibill purchases receivables: invoices you have already issued to business customers for goods delivered or work done. It is a true sale, not a debt.
We buy the invoice outright: a true sale, not a debt. You are paid when we buy the invoice, not when your customer pays.
There is no blanket lien over the whole company. You choose which customers and which invoices to sell, and the written terms set out exactly what the purchase covers before anything is signed.
Your customer pays Credebt when the invoice falls due; how that is arranged with your customer is agreed with you before the first trade. You keep the relationship: you still sell, deliver, invoice and talk to them.
Who carries the risk of a customer not paying is set out in the written terms before the first trade.
You deal with a named person on our US team; the Trade Desk approves each purchase. There is no sales team passing you to a credit team passing you to operations. If the answer is no, you hear it quickly, with the reason.
We buy invoice by invoice, and you choose which customers and which invoices to offer. Any commitment on either side is set out in the written terms before the first trade.
No. We buy invoices for goods delivered and accepted, or services performed. A pro-forma or a deposit request is not an invoice we can buy.
We do not publish terms. They depend on your customers and your invoices and are set out in writing after the call.
Answers describe how Convertibill works in general. Every purchase is subject to verification and purchase approval and to a written agreement.
Talk to our US team.
You deal with a named person on our US team; the Trade Desk approves each purchase.
Homer Reynolds
Credebt International LLC
Your first call is with the US team. We read your answers before we speak.
- Direct Dial
- +1 646 692 0079
Three short screens, then a 30-minute introductory call.