StonePay helps you manage late-paying customers by creating a community-based reputation system. The app turns on-time payments into reputation points, incentivizing prompt payments. It provides a transparent score for both you and your customers, allowing you to assess the reliability of potential business partners. By sharing your own good payment history, you can negotiate better terms. The system also helps identify consistently late payers, enabling you to make informed decisions about credit terms or whether to continue business relationships. This approach aims to reduce late payments overall, improving your cash flow and minimizing the need to chase overdue invoices.

StonePay offers various financing options to its members, particularly through partnerships with financial institutions. Members can access invoice financing, allowing them to turn client invoices into instant cash flow with facilities up to £250,000. This option provides funding without taking on traditional debt. These options are designed to facilitate market entry and expansion for mid-size and large businesses, with terms that may not be typically available in certain geographic regions.

StonePay helps improve your cash flow in several ways. First, it incentivizes timely payments from your customers by linking payments to reputation scores, potentially reducing late payments. Second, it allows you to assess the reliability of potential business partners, helping you avoid risky transactions. Third, StonePay offers invoice financing options, allowing you to turn your client invoices into instant cash flow with facilities up to £250,000. This gives you quick access to funds without taking on traditional debt. Lastly, by improving your own reputation score, you may be able to negotiate better payment terms with suppliers, further optimizing your cash flow.