Combining supplier and buyer on a single platform allows comprehensive optimisation of the cash conversion cycle.
CrediBill believes in keeping transactions simple and hassle-free. We’re committed to streamlining the billing process for suppliers and making it easier for buyers to obtain flexible credit terms. Forget about loans, factoring, and unnecessary paperwork.
Our platform offers quick and flexible access to affordable capital, empowering businesses to master their cash flow and leverage their balance sheet’s full potential like never before.
CrediBill is powered by CapBay, an award-winning Supply Chain Finance and Peer-to-Peer (P2P) Financing platform that is licensed by the Securities Commission Malaysia.
A complete solution
Supplier Solutions
- Unlock cash flow – we make instant cash payment upon successful delivery to buyers.
- Risk Free – we underwrite your buyers’ payment risk
- Hassle Free – we handle collections for you
Enterprise Buyer Solutions
- Flexible Payment Plan – we provide payment term extension tailored to your cash flow needs
- Enhance Business Liquidity – we offer credit limit to purchase stocks and inventories with your suppliers
How it works
Invoice Submission
After successfully delivering goods or services, suppliers upload the signed delivery order and issue an invoice to CrediBill on cash term.
Invoice Issuance
CrediBill then issues an invoice to the buyer, offering flexible payment terms up to 120 days, tailored to the buyer’s cash flow needs.
Invoice Acceptance
The buyer accepts the payment terms of the invoice issued by CrediBill, facilitating a smooth financial transaction.
Instant Payment
Upon the buyer’s acceptance, CrediBill makes an instant payment to the supplier, securing their liquidity and enhancing their cash flow.
Payment Fulfillment
The buyer fully repays CrediBill on the agreed invoice due date, leveraging extended payment terms without negatively impacting the supplier’s financial operations.
Industries We Serve
CrediBill empowers businesses across many industries with access to on-demand capital and flexible payment terms.
Construction
FMCG
F&B
Manufacturing
Healthcare
Retail
Transportation
Technology
and more
Pain points
- Collection Management – Delayed payments from buyers which affect cash flow.
- Bad Debts – Non-repayment leads to default.
- Billing Process – Manual billing process and e-invoice implementation.
CrediBill’s offering
- Makes instant payment to suppliers.
- Underwrites buyers’ risk.
- Provides e-invoicing service (coming soon).
Pain points
- Short payment term – Short payment term offered by suppliers which buyers need to look for working capital support.
- Strict Criteria of Banks – Banks are restrictive to offer credit to new players with limited records.
- Payment Management – Manages different payment due dates from different vendors.
CrediBill’s offering
- Offers payment term options to buyers.
- Makes credit available to buyers.
- Manages payments to all vendors on behalf of the buyer.
Join the growing network of suppliers and buyers leveraging CrediBill to unlock their business full potential.
Frequently Asked Questions
No, CrediBill is a BNPL service for suppliers and buyers, not a financing service. It does not affect your company’s credit score.
Yes, a 0.5-1.0% fee is charged on each transaction’s value for both suppliers and buyers, depending on agreed payment terms. There are two types of fees: Admin Fee and Early Payment Fee.
There is no fixed minimum or maximum limit. Your credit limit is based on your business needs and transaction history with your buyers and suppliers. This ensures you get a limit that matches your actual working capital requirements.
Once we receive all the required documents from you, the approval process takes up to 3 working days. We aim to make it as fast and smooth as possible so you can access funds quickly.
After all the required documents are submitted and the buyer confirms the transaction, we will release the payment to the supplier by the next working day. This helps suppliers improve their cash flow without delays.
CrediBill is a Buy Now, Pay Later solution for businesses. We pay your supplier upfront, so they get their money immediately. As the buyer, you get more flexible payment terms, helping you manage your cash flow better. Unlike traditional invoice financing, there’s no need for the supplier to wait or borrow against invoices.
If your business operates in the B2B space, you can apply for CrediBill. We will assess your eligibility based on your business profile and transactions.
Address: Unit 13A01, Level 13A, Tropicana Gardens Office Tower, No. 2A, Persiaran Surian, Tropicana Indah, 47810 Petaling Jaya, Selangor Darul Ehsan
Email: [email protected]
Number: +6018 2826 558