How can Billhop help with your cashflow?
One of the main worries of a business is cash flow, with most wanting to ensure their funds are managed effectively and funds are preserved for as long as possible in the business.
What is Billhop?
Billhop is a payment service which gives you the option of paying your suppliers with your credit card, even if the supplier does not accept card payments. The charges for using Billhop are 2.95% on each transaction.
Using this payment facility means you can improve your working capital by extending your payment terms for your suppliers, as well as earn rewards on invoices that are not usually payable by credit card.
Billhop connects to Xero and as your invoices are paid the status will be updated in Xero in real-time.
If you require any further information on this, please contact the Plus Advisory team.
Contact me on 01273 701200 or email firstname.lastname@example.org
Date published: 14 March 2023