InstantPay analyses invoices, so they can be prepaid the next business day
The money is in your bank account freeing up capital to invest in your business
Over 98% of invoices can be prepaid by InstantPay
Check the status of your invoices, credit notes and payments with InstantView
There is no impact on your credit rating as this is not credit or a loan. We prepay your invoice in return for a small fee (which varies by programme).
Cancel at any time, online or by email.
No credit checks or new bank accounts are needed. Confirm your details and accept the terms to be fully signed up.
InstantView lets you manage your InstantPay options and see when invoices have entered the system and been paid.
You’ll still get remittance notices by email, but InstantView will provide a record of all of your documents and payments in one place. You can also download CSV files to help reconcile your accounts.
Note: InstantView availability varies by program
Previse uses data and smart technology to make finance simple for our customers. We pride ourselves on making life easier with:
No lengthy setup process or hidden fees.
When we say we make finances simple, we mean it.
Send your invoice to your customer
We check the invoice once entered
We organise your prepayment
They pay us directly
InstantPay is only available where your customer has agreed to offer it as a payment method. You will usually hear
directly from them.
2021 has been yet another tough year for British businesses of all sizes. As the pandemic continues and the wider economy works to build back better, it is SMEs who are impacted the worst, whilst larger companies are seemingly faring much better.
On Monday, the government announced it was strengthening the Prompt Payment Code (PPC), mandating that its signatories must pay suppliers within 30 days, rather than the previous 60.
While this is a welcome step in the right direction, there is still a long way to go in addressing the chronic issue of slow payments. A 30-day payment period is still 30 days too long for many small businesses struggling to stay afloat.
It’s many entrepreneurs’ dream; that first big contract which launches your start-up brand onto the national stage. It should be time to celebrate your success, but for many small firms this is the start of a new financial nightmare.
Previse co-founder and CEO, Paul Christensen, and Business Analyst, Shyamli Badgaiyan, explain why B2B commerce needs its ‘credit card moment’.
