Founder of Rifonta GmbH and MaxximmoM GmbH
Our client Steve is the owner of a construction company. He uses short-term credit from Puls to get an early payment discount from his subcontractors.
Subcontractors experience long and unpredictable gaps between invoicing and payment. While they wait for payment, they still have to pay for materials, labor and other project costs. That's why they offer discounts to their contractors.
A customary discount means that the contractor receives a 3% discount if the invoice is paid within the first 10 days.
For Steve, this means an attractive return on invested capital. He no longer has to take money out of the business to pay his bills early.
Founder of grau zu grün GmbH
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The GDPR-compliant service provider that will be linking your bank accounts to our system is finAPI.
We use the TLS (Transport Layer Security) standard which uses encryption to ensure the security of data and information in transit.
Then you connect your business account and receive a credit limit within 24 hours. You can dispose of the credit amount the very next day. The connection of your bank account is done by the third-party provider FinApi and is fast and secure.Read an article about us from FinApi's perspective.Sign up for free