What is B2B Buy Now, Pay Later?

Buy Now, Pay Later (BNPL) lets you purchase and receive the stock, equipment, or materials you need for your business, without having to pay any of the cost for up to 90 days (or the maximum period set by the seller). B2B BNPL is interest free and comes with no fees attached.

Hokodo is a digital payments company and Europe’s leading provider of Buy Now, Pay Later solutions for B2B e-commerce, backed by Lloyd’s of London. By partnering with Hokodo, your suppliers are able to offer payment terms to the majority of their customers, while protecting all parties from risk.

How are my credit limit and payment terms determined?

We use the name and address of your business to conduct a credit and fraud risk assessment, using a range of sources including Companies House. This does not impact your credit score or the credit rating of your business.

How do I pay for my order?

You do not have to pay anything upfront for your order. We will send you an email 3 days before payment is due as a reminder. On the day your payment is due, we will attempt to collect it using the method you have chosen e.g., credit card or Direct Debit.

What happens if I don’t pay my invoice on the due date?

Should the payment fail, we will send you a reminder with an invoice via email, followed by further contact attempts via phone, email and text until the invoice is paid or we are able to discuss the payment with you.

What if I cannot pay for my purchase?

If the purchase remains unpaid and we have not been able to get in contact with you, we will refer your account to a debt collections agency who will add additional interest and fees to your balance. In order to avoid this, it is important you email us on collections@hokodo.co to discuss a repayment plan or other options to pay the balance. Failure to do so will have a negative impact on your credit file and ability to access lending in the future.

Do I need to sign up to use Hokodo?

No, you can use Hokodo via your account with the merchant or marketplace you’re purchasing from. You don’t need to take any action before selecting your payment terms at checkout.

Access trade credit instantly when buying for your business online

Payment terms are the norm in B2B trade, but as a buyer, you already know that getting access to credit while shopping online can be a real nightmare – especially for small businesses.

At Hokodo, we are determined to change this.

Visit Buyer Help Centre

Hokodo’s B2B Buy Now, Pay Later solution enables you to obtain favourable payment terms from your commercial suppliers without the hassle of application forms, references or lengthy wait times.

You get the materials and goods your business needs while improving your cash flow and delaying payment by 30, 60 or 90 days.

When assessing your eligibility for payment terms, Hokodo performs soft checks which don’t impact the credit rating of you or your business. There’s no interest and no fees.

“My experience with Hokodo has been first class. When I’ve needed a bit of compromise, you have been there to say ‘Yeah, we get it, it’s no problem.’”

Mark Walter

Owner, The Green House

Why choose Hokodo at the checkout?

Instant & seamless

Access credit terms instantly, even on your first purchase. No tedious, hand written forms, and no account with Hokodo required. Hokodo’s solution is frictionless and fully online.

Support when you need it

Whether you want to discuss your credit eligibility or have questions about completing a payment, we support you at every step of the journey.

Improve your cashflow

Deferred payment gives you the chance to recoup costs before having to pay for your purchase. This improves the cash flow of your business, giving you the confidence and resources needed for growth.

No interest, no fees

When you delay your payment with Hokodo, there’s no interest or fees. You’ll get a tailored credit limit and payment plan options based on your business type and payment history.

Get what you need, pay later

Gone are the days of prioritising certain purchases over others and missing out on profits because you don’t have the right supplies or stock. Get what you need, when you need it, and delay payment by up to 90 days.

You can trust us.

Hokodo is a high-growth startup with around 100 employees and backing from a number of European investors. We recently raised $40 million which will enable us to help 1 million businesses like yours access a better way to pay by 2025.

30+

Wholesalers and marketplaces offer Hokodo’s solution to their customers

40,000

Businesses like yours regularly use Hokodo for their purchases.

405,000

Unique orders have been placed using Hokodo.

Partners

Hokodo’s solutions are underwritten by AIG.

American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risks through AIG operations and network partners. For additional information, visit www.aig.com.

How it works

Fill your basket

Shop for the items you need, and remember that you won’t need to pay for them upfront.

Head to the checkout

When you’re ready to finish your order, head to the checkout.

Online form asking for company information

Choose to Buy Now, Pay Later with Hokodo

Select from the terms that you are eligible for and choose your preferred payment method, for example Direct Debit, credit card or invoice.

Different options for online payment methods

Receive your goods

You will receive a confirmation email from Hokodo outlining your payment plan and your order will be dispatched immediately. You won’t need to make any payment upfront.