FAQ's - All about the Pay4 revolving credit facility
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Who should apply for a Pay4 facility?

Pay4 benefits a broad range of SMEs with turnover between £2m and £200m. Businesses need to be formally incorporated in the UK and have at least two or three year’s trading record.


What credit limit can I expect?

Typically credit limits range from £100,000 to £1m and are calculated dependant on the business needs and creditworthiness. Your credit facility can be used, repaid and reused as often as required.


Can I use Pay4 with multiple suppliers?

Yes. The credit facility can be used with any number of suppliers, wherever they are in the world.


What is the sign-up process and how long does it take?

Applicants are required to complete a simple enrolment process and to provide financial information backing up the requested credit limit. You will be told within several days if we can provide you with a credit facility. Pay4 will complete the application within a week of receiving all the required information. 


Does paying via Pay4 require a change to the trading terms with suppliers?



I am a Supplier and want to benefit from early payment via Pay4 – how do I achieve this?

Please contact us to register your Customer with Pay4. Once approved with a credit facility, they will be able to make payments to you on ‘day one’. The cost of the finance can be borne by your customer or by yourself via an early payment discount equal to the Transaction Fee.


What type of payments can Pay4 be used for?

You can use your Pay4 credit facility to make any payment to a trade supplier of goods or services worldwide. The invoice will need to be £5,000 or more.


When do I settle Pay4 payments?

You choose the repayment term for each transaction, up to a maximum of 120 days.


Who pays, the customer or the supplier?

Customers pay the Transaction Fee.

However Suppliers can provide an ‘early payment discount’ equal to the Transaction Fee. To facilitate this Pay4 provides a Certificate of Interest direct to the Supplier confirming the ‘early payment discount’ to be applied.


How much does it cost to use Pay4?

The only cost incurred for using Pay4 to pay suppliers, is a ‘Transaction Fee’ payable to Pay4 which is determined by the size of the payment and the repayment term. The Pay4 transaction fee is calculated on a payment by payment basis. Typically transaction fees vary between 1.1% and 1.5% per month.

There are no sign-up fees, non-utilisation fees or any other hidden costs.


Who funds Pay4?

Pay4 can receive funds from various sources including UK banks, investment vehicles and high net worth individuals. Pay4 is always looking to diversify its supply of funds for the benefit of its Customers.


What are the repayment terms?

Up to 120 days depending on the credit facility you are offered by Pay4.


Where is Pay4 registered?

Pay4 (UK) Limited is registered in the UK.