Credit management
- Soft credit checks are performed on your customers, which don’t impact their credit score.
- Hokodo’s credit scoring is used to recommend tailored credit limits and payment terms for your customers.


Financing
- Customers get the option to pay later for their business purchases, while merchants get paid up front, improving cash flow for all parties involved.
- Giving customers better payment terms results in better conversion rate, higher average order value and increased loyalty for you.
Collections
- Your team is no longer burdened with time-consuming reconciliations and collections processes.
- The commercial relationships you have with your customers are prioritised throughout the collections process.


Risk bearing
- Backing from Lloyd’s of London protects you against risks including nonpayment, clawbacks and insolvency of customers.
- Fraud risks – including account takeover and ID theft – are mitigated by our proprietary underwriting engine.
Integrations
- Hokodo’s B2B BNPL solution can be integrated into your checkout without disrupting your existing customer flow.
- E-commerce platform extensions and custom API integrations are available to facilitate quick and easy onboarding.


Payments
- Customers are empowered to pay in 30, 60 or 90 days, or opt to settle immediately with our ‘pay now’ function.
- A variety of payment methods including direct debit, credit card, bank transfer and open invoice can be accepted.