Credit Key Launches Enterprise Net Terms For Broad B2B Market

Credit Key, a leading provider of instant financing and flexible payment solutions for B2B transactions, has introduced Enterprise Net Terms. This new product redefines access to term payments for various companies, including nonprofits, educational institutions, enterprise companies, and government entities.

Enterprise Net Terms is designed to empower businesses to apply for net payment terms seamlessly with Credit Key. The streamlined application process eliminates the need for a business owner to be associated with the account, removing a significant barrier for these organizations.

This product solidifies Credit Key as the only solution on the market offering instant flexible payment terms across all B2B sales channels. It caters to all customer segments, from sole proprietors to enterprise brands. "At Credit Key, we are committed to democratizing access to capital and changing the way businesses transact," said Tung Pham, vice president of product at Credit Key.

Impact on Merchant Partners

Built upon Credit Key’s innovative solution suite, Enterprise Net Terms offers fast credit decisions at the point of sale across all buying channels. This allows merchants to meet the evolving demands of modern B2B buyers by providing a streamlined omnichannel experience.

Case Study: Samsung

The expanded capabilities have already proven impactful for Samsung. As one of the first merchant partners to offer Enterprise Net Terms, Samsung has noted high adoption among its enterprise buyers. This has increased order size and frequency by enabling more customers to pay on terms.

Key Features

• Simplified application process tailored for enterprise companies, nonprofits, education, and government entities
• Access to net payment terms without the need for a personal guarantor
• 100% of the risk and collections process managed by Credit Key
• Expedited payment to merchant partners within two business days

"We believe that Enterprise Net Terms will drive revenue growth for our merchant partners and empower a wider range of borrowers to better manage their accounts payables and cash flow," added Kruger Schaumkel, vice president of customer success at Credit Key.

For more information about Enterprise Net Terms and Credit Key’s suite of flexible payment solutions, visit www.creditkey.com.