3 Additional High-Value Ways to Monetize Quartix as a Vendor

Many vendors initially use Quartix to accelerate approved payments from their sponsoring buyers and receive payments on demand. In a previous blog post, we discussed five ways you can benefit from this as a vendor. However, if you're only utilizing Quartix in this manner, you may not be fully leveraging its value.

Quartix offers more than just accelerated payments. It provides you with an unsecured, on-demand credit line of up to $10 million that you and your preferred vendors can utilize. With Quartix's technology, you can leverage this credit line in various ways to optimize your business's financial and operational metrics.

This blog post explores three additional ways Quartix can support your business.


#1 Use our BNPL product to fund timely payments to your own vendors

Are you occasionally facing liquidity crunches while your revolver is maxed out? Do you sometimes need to make payments to your vendors, but you’re temporarily short on cash? We got you covered. Through our BNPL product, you can swiftly and easily fund your payments to your vendors, and pay us back weeks / months later.

How does it work? Quartix assigns an unsecured, uncommitted credit line to you (up to $10M). You can use this credit line to make timely payments to any of your vendors with just one click. You make these payments directly, and your vendor won't notice Quartix's involvement.

Your benefits: Increased cash flow management flexibility, reduced dependency on your bank lines, boost Net Income and more.

Does it cost you anything? Quartix is not a traditional lender. There are no maintenance fees, unused commitment fees, or any other charges that traditional lenders impose. With Quartix, you only pay a small fee if you choose to fund a payment to a vendor. This fee is based on the actual number of days the payment was delayed.


#2 Become an SCF "buyer" to stretch formal payment terms with your own vendors

Assuming you use Quartix as a vendor, you were referred to us by one of your customers (the Quartix "Buyer"). Did you know that you could become a Quartix "buyer" yourself, and benefit from a wide variety of different benefits, compared to the ones you enjoy from today as a vendor?

How does it work? We will onboard you as a buyer, and allow you to onboard your preferred vendors quickly and easily. Check out our Implementation blog post to learn more. Reach out to us here if you’d like to speak with a sales rep.

Your benefits: Becoming a Quartix "buyer" allows you to increase your Days Payable Outstanding at no cost to you, accelerate your Cash Conversion Cycle, reduce WACC, reduce supply chain risk, improve vendor relationships and more! Check out our Buyer section to learn more.

Does it cost you anything? No.


#3 Refer other clients of yours to Quartix to accelerate their payments too!

Are you enjoying your ability to accelerate payments of the client that referred you to Quartix, and wish you could do it with other clients of yours? Well, it’s easier than you think!

How does it work? Simply refer those clients to Quartix. You can do so however you want - via an intro email, sharing their contact info with us or our contact info with them.

Your benefits: Instead of accelerating approved payments of just one client of yours, you could do so with other clients too!

Does it cost you anything? No.


By exploring these additional ways to utilize Quartix, you can unlock even more value for your business, including increased cash flow management flexibility, reduced dependency on bank lines, improved financial metrics, and enhanced vendor relationships.


Thank you!
Download e-book
Oops! Something went wrong while submitting the form.
"

Thank you!
Download e-book
Oops! Something went wrong while submitting the form.
"

Thank you!
Download e-book
Oops! Something went wrong while submitting the form.
"

More posts