If you repay the value of your transaction in full within 60 days of your seller being
paid, you pay no interest.
Properly managed, using Octet's Business Transaction Facility can save your
business money. You're certainly better off using an interest-free BUSINESS
TRANSACTION FACILITY than paying cash for your order via a bank-secured Letter of Credit
or telegraphic transfer. Compared to the cost of establishing bank-secured Letter of Credit,
using Octet saves you time and money. Add to that the cost of your time and
potential opportunities lost due to lack of cash flow and you can quickly see how
Octet can benefit you and your business.
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Remember
Octet offers the buyer an unsecured, interest free line of credit providing the funds you need to negotiate the best possible discount ( merchant fee) from your suppliers.
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