FOCUS ON GROWTH
Get the stock you need, when you need it, to help grow your business.
IMPROVE YOUR CASH FLOW
Keep your business running smoothly and stop worrying about cashflow.
NO HIDDEN FEES
With our Buy Now Pay Later there are never any hidden fees or extra costs.
We’ve partnered with Hokodo, a leading B2B payment provider to give companies and sole traders access to payment terms at checkout, with no extra cost to you or your business.
Check If Your Business is eligible
Simply log in to your account, go to the Payment Methods tab and enter your company details in the Fire Label Trade Credit section and you'll get an instant decision.
If you already have trade credit set up you'll be able to see your limit and available credit left to spend. Alternatively you can apply as you checkout.
How it works
Fill your basket
Shop for the items you need, and remember that you won’t need to pay for them upfront.
At checkout choose one of the payment plans
Make sure your account is set to Business and not Personal. Select from the payment options that you are eligible for and choose your payment method.
Receive your goods
You will receive a confirmation email outlining your payment plan and your order will be dispatched immediately.
We'll Send a Reminder
Three days before your payment due date we'll send you a reminder via email.
Payment Complete
On the agreed due date we will collect payment from you. If something goes wrong we will reach out to discuss alternative payment methods.
FAQs
What is Hokodo Buy Now Pay Later?
We've partnered with Hokodo, a digital payments company and Europe’s leading provider of Buy Now, Pay Later solutions for B2B e-commerce. By partnering with Hokodo, we are able to offer payment terms to the majority of our business customers, while protecting all parties from risk.
What is B2B Buy Now, Pay Later?
Buy Now, Pay Later 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 30 days.
How long will I have to wait for approval?
Most of the time, we can approve your business for payment terms in less than a second. Occasionally, when a manual review is required, it can take longer.
How do you determine my credit limit and payment terms?
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.
Does using Hokodo affect my credit score?
Our credit and fraud checks do not impact your credit score. If your invoices are paid on time, your credit score will not be affected.
How can I pay for my order?
You can pay for your purchase using your usual method, such as credit card, direct debit or bank transfer.
Will I receive a reminder email when my payment is due?
Yes, you will receive a reminder email 3 days before your payment due date, informing you that you will be charged (by your chosen payment method) in 3 days time.
Can I settle my outstanding payment earlier than the date set out in my payment terms?
Yes, you can settle your payments early by card or bank transfer. Contact support@hokodo.co and our customer support associate will provide you with the details you need to do this.
What happens if I don’t pay my invoices on time?
Once your invoice is past its due date, Hokodo will begin the dunning process. They will attempt to contact you by email and telephone. If necessary, a collections agency will become involved.
Which countries can Hokodo be accessed in?
Currently, we only offer the Hokodo payment method to buyers in the UK.
Do I need to sign up to use Hokodo?
No, if you have business selected as your account type, it will be available at checkout as a payment method.
What’s the maximum amount I can spend on one transaction with Hokodo Buy Now, Pay Later?
We can extend instant credit terms on orders up to the value of £20,000. Above that, Hokodo’s credit analysts will need to run a manual review.
Can I pay in instalments?
Yes. We offer various payment plans, one of those is Pay in 3. The first instalment is due when you place the order, the second in 30 days and the final payment in 60 days from the date you placed the order.
Can I place an order using Hokodo one day, and then place another order a few days later?
You can place as many orders as you like using Hokodo, provided you do not exceed the credit limit of your account and keep up with any due payments.
Can I still access Hokodo if I am behind on my payments?
No. We will not allow customers with unpaid invoices to place any new orders until their debt has been cleared.
Why am I not currently eligible for Hokodo Buy Now Pay Later and how can I become eligible?
Your eligibility depends on several factors that revolve around your business's credit worthiness and purchasing behaviour. Hokodo analyses your company, transactions and payment history in order to determine eligibility, and unfortunately if certain criteria are not met, we cannot offer you BNPL. That said, by continually paying on time upfront directly to the merchant, you are increasing your chances of being offered BNPL in the future.