At Qogita, we understand that every business has different needs. That's why we offer flexible financing options to help you manage your cash flow more efficiently. Our financing fees are competitive and vary based on your checkout terms.
You can defer your payments for 30, 60, or 90 days, allowing you to pay after you've sold your purchased products. This can help you grow your business faster by buying and selling more.
Just so you know, in-transit coverage (shipping insurance) is mandatory when choosing to finance during checkout.
How to Apply for Financing
Once registered, you can apply for financing from the credit section in your account. One of our team will look over your request and let you know if we need any more information to consider your application.
How to Defer Your Payments
Once you've applied and been approved for financing, you can defer payments for future orders during checkout; it's as simple as that!
You can pay in advance or defer your payments for 30, 60, or 90 days at checkout. We'll clearly display the applicable fee for each option during checkout so that you can make the best choice for your business.
If you don't pay your invoice on time, the initial consequence will be a temporary block of your credit limit. Additionally, you'll be charged a late payment fee of 0.1% per day on the remaining unpaid balance for every day the payment is delayed.
If you repeatedly fail to pay, we may permanently remove your credit account and eventually close your Qogita account. We may also forward unpaid and partially paid invoices to our debt collectors, where you'll be required to pay the total amount plus interest and collection fees.
Your Credit Limit
You can see your credit limit at checkout when you select your payment option. You can also find your credit limit by visiting your account's "Credit" section.
Your available credit is the financing we can offer you at that time. Your credit limit depends mainly on your payment history, including the number of previously paid orders and outstanding unpaid invoices with us.
You can increase your available credit by placing orders and paying your deferred payments on time. The more orders you place and pay on time, the higher your credit limit. Your creditworthiness, previous defaults, and the accuracy of your account details may also impact your credit limit.
If your credit limit is decreased, it's typically due to your payment history with us. We may decrease your credit limit if you fail to pay your deferred payments on time or if you don't frequently place orders.
Checks and Verifications
We want to ensure that your financing experience with us is smooth and efficient, so we may periodically verify your account information and check your creditworthiness. This may include consulting credit reference agencies, fraud prevention agencies, electoral registers, and monitoring your payment behavior.
It's important to note that any claims you have regarding your orders will be handled separately from your deferred payments. All Qogita invoices and respective deferred payments must be paid in full and on time, regardless of any ongoing or potential claims.
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