Buy Now, Pay Later, on EzyProcure

Fire Up Your Business Payments with Buy Now, Pay Later

Get pre-approved credit of up to S$150k with a 60-day repayment period, on demand, with our new and flexible BNPL feature on EzyProcure!

cash
freedom
liquidity

for your business to grow

Pay 60 days later while your suppliers get paid upfront. Reduce strains on your cash flow while enhancing your business relationships.

Unlock short-term liquidty

Up to S$150,000

60-days tenure

Only 3% business service fee

Quick approval

Simpler documentation

How BNPL works on EzyProcure

Getting BNPL approval

Onboard onto EzyProcure (if new)
Opt-in for BNPL on EzyProcure
Approval by our partner for BNPL up to 3 working days*

*Subjected to our finance partner's approval term and conditions

Making a BNPL payment

Select the invoice to be paid with BNPL
The supplier receives the payment in 1 working day
Upon successful disbursement to the supplier, the credit limit will be updated

Getting BNPL approval

Onboard onto EzyProcure (if new)

Opt-in for BNPL on EzyProcure

Approval for BNPL in 3 working days

Once approved, the BNPL function will be available

Making a BNPL payment

Select the invoice to be paid with BNPL and pay

The supplier receives the payment in 1 working day

Upon disbursement to the supplier, the credit limit will be updated

Repayment will be automatically paid in 60 days for convenience

How we compare in the market

Together with our finance partner, we are able to offer Singapore’s first BNPL feature tailored for growing businesses.

	EzyProcure BNPL	Other lenders
Pre-approved credit	Up to S$150,000	Not offered
Period	60 days	Up to 5 years
Interest rate	0%	7.75% to 18% pa
Upfront processing fee	0%	1% to 3%
Business service fee	3% flat	0%
Approval time*	Up to 3 working days	2 to 6 months
Disbursement	1 working day	1 to 4 weeks
Customer support	Yes	Limited

*Subjected to our finance partner’s approval term and conditions

Boost the productivity of your procurement teams by 70% with EzyProcure

EzyProcure is an all-in-one procurement platform. Digitise your ordering processes from purchase order generation to goods receiving and invoice reconciliation with EzyProcure.

✓ EzyProcure is PSG-certified

Benefits

Features

It’s simple and easy to get started

Talk to our sales team and we’ll answer your questions and walk you through how we can help your business.

It’s simple and easy to get started

Talk to our sales team and we’ll answer your questions and walk you through how we can help your business.

Frequently asked questions

Is this invoice financing?

No, this is a Buy Now Pay Later (BNPL) program.

How does it work?

Pre-approved credits will be available after a creditworthiness assessment by our finance partner.

What information is required from me/my company?

Company Name, UEN Number, POC name, contact & email. Our finance partner will contact you directly if further information is required from you.

Is this applicable to me as a new startup restaurant?

Yes, as long as you are on our EzyProcure platform and ordering via the platform.

Are there any other requirements to be eligible?

The business must meet the following requirements:

The business is not a sole proprietorship.
The Director or representative of the company who applies must be Singaporean. Otherwise, a citizenship guarantor or CBS report is needed.
The business must be active or incorporated for more than 6 months.

Can the credit amount be increased if I provide more financials/data about my company?

Increasing the credit can be discussed on a case-by-case basis.

How do I know if my loan has been applied successfully?

You will be informed via email and phone calls.

When will my supplier receive payments?

Within 1 day of submitting the invoice for financing in EzyProcure.

I'm facing technical difficulties. Who can I look for?

You may email us at [email protected] or call +65 6200 8021 for assistance.

Procurement

Pay & Collect

Order Management

Inventory Management

Recipe Management

Buy Now, Pay Later (BNPL)

Pay via Bank

Pay via Card

International

Procurement

Pay & Collect

Order Management

Inventory Management

Recipe Management

Buy Now, Pay Later (BNPL)

Pay via Bank

Pay via Card

International

Fire Up Your Business Payments with Buy Now, Pay Later

Unlock short-term liquidty

How BNPL works on EzyProcure

How we compare in the market

Boost the productivity of your procurement teams by 70% with EzyProcure

Benefits

Features

It’s simple and easy to get started

It’s simple and easy to get started

Frequently asked questions

Procurement Solutions

Pay and Collect Solutions

Company

Company Address