Bueno provides a platform that allows B2B sellers to receive immediate payment for Net 30/60/90 invoices while buyers settle their payments on the original due dates, eliminating credit risk for sellers. By checking buyers' credit limits and facilitating invoice acceleration, Bueno streamlines cash flow management and reduces the burden of accounts receivable collections.
Funding
$650K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
B2B sellers often face delayed payments on Net 30/60/90 invoices, leading to cash flow bottlenecks and increased accounts receivable management overhead. The risk of late or non-payment from buyers further complicates financial planning and can hinder business growth.
Solution
Bueno provides a platform that enables B2B sellers to receive immediate payment for their Net 30/60/90 invoices, while buyers retain their original payment terms. By offering instant invoice acceleration, Bueno eliminates credit risk for sellers and streamlines their cash flow. The platform includes a buyer credit limit check feature, allowing sellers to assess risk before extending credit terms. Bueno handles accounts receivable collections, freeing up sellers to focus on core business activities.
Target Audience
Bueno primarily targets B2B sellers who offer Net 30/60/90 payment terms and seek to improve cash flow, reduce credit risk, and streamline accounts receivable processes.
Features
- Instant payment for Net 30/60/90 invoices, improving seller cash flow.
- Buyer credit limit checks to mitigate risk before extending credit.
- Automated accounts receivable collections, reducing administrative burden.
- Flat-rate platform fee with no interest charges, providing transparent pricing.
- Integration options for embedding Bueno Pay on checkout pages.
- Onboarding via SingPass for streamlined account creation.