60 DAY NET TERMS

Get free 60 day net terms

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60 extra days to pay invoices
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Approval in 24 hrs for up to $1M
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Option to pay in fixed weekly installments after 60 days
Apply now
powered by Koverly logo to indicate a partnership between the a company and Koverly for payment enablement and embedding financing offerings
Image illustrating how Koverly enables an embedded 60-day net terms offering for forwarders and brokers to invoice their clients. At no cost to the business getting paid (ie. the freight forwarder or customs broker) or the company making the payment (ie. the importer or other business) Koverly will pay 100% of the invoice to the payee and finance the 60 day terms for the payer. If the invoice is not paid in full after 60 days, the payment will be switched to a payment plan of 8 weekly installments.
How a $1,000 invoice is paid on 60-day net terms.
Timeline illustrates: ‍
$1,000 invoice * 60-day net terms * 0.5% fee per week if not paid in full in 60 days
Invoice sent
You receive a $1,000 invoice with 60-day terms and option to dispute for review, or approve for expedited processing.
58 days later
You receive a reminder to login and pay the $1,000 invoice in full in 2 days.
$1,000
60 days later
You pay balance in full. If not paid, you will be switched to a weekly payment plan of 8 installments.
$130.00
67 days later
If you are switched to the 8-week payment plan, the first installment of $130.00 will be withdrawn from your account. A $5 financing charge (0.5%) will be applied each week until the total balance is paid in full.
Invoice sent
You receive a $1,000 invoice with 30-day terms and option to dispute for review, or approve for expedited processing.
28 days later
You receive a reminder to login and pay the $1,000 invoice in full in 2 days.
$1,000
30 days later
You pay balance in full. If not paid, you will be switched to a weekly payment plan of 12 installments.
$88.33
37 days later
If you are switched to the 12-week payment plan, the first installment of $88.33 will be withdrawn from your account. A $5 financing charge (0.5%) will be applied each week until the total balance is paid in full.
Net 60 Benefits
Free 60-day net terms
Pay 60 days after product has been released at no charge to you or your forwarder.
a business woman in a green shirt and glasses, representing a business using the Koverly platform to either make payments or collect payments easily and securely
a computer screen showing intervals of payments which could be made in up to 128 currencies to businesses in 180 countries
Fixed weekly installments
After 60 days, get the option to pay in 8 weekly installments with no pre-payment penalty.
Same-day financing
Get approved in 24 hours for 60-day net terms and up to $1M in financing.
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finger snap graphic illustrating how easy and fast net terms and other credit financing is through the Koverly platform
Approved!
You've been approved for 60 day net terms.