Access trade credit instantly when buying for your business online
Credit is essential in B2B trade, yet online it’s often slow, complex, and unfair – especially for small businesses.
Modu makes it simple and instant.
Modu makes it simple and instant.
Our Features
Modu’s B2B Buy Now, Pay Later solution enables you to obtain favourable payment terms from your commercial suppliers without the hassle of application forms, references or lengthy wait times.
You get the materials and goods your business needs while improving your cash flow and delaying payment by 30, 60 or 90 days.
You get the materials and goods your business needs while improving your cash flow and delaying payment by 30, 60 or 90 days.
- Instant & seamlessGet trade credit instantly – even on your first order. No paperwork, no waiting. Everything is automated and online.
- Support when you need itQuestions about eligibility or payments? You'll Never Walk Alone – We support you at every step of the journey.
- Improve your cash flowBy deferring payments, you cover costs only after revenue comes in – giving your business more breathing room to scale.
- No interest, no feesWhen you delay your payment with Hokodo, there’s no interest or fees. You’ll get a tailored credit limit and payment plan options based on your business type and payment history.
- Get what you need, pay laterNever compromise on supplies or growth. Access what your business needs today and extend payment terms by up to 90 days.
Journey to Trade Credit
Once you’ve registered and unlocked your universal credit limit, accessing trade credit is just a few simple steps.
Select your partner store
Log in to Modu Dashboard → go to Partnerships → choose an approved marketplace or online store.
Fill your basket
Shop for everything your business needs – no upfront payment required.
Checkout
Proceed to checkout when ready.
Choose Modu Pay Later
Pick the terms you’re eligible for (30, 60, or 90 days). Select your payment method: Direct Debit, card, or invoice.
Receive your goods
Your order ships immediately. You’ll also get a confirmation email with your payment plan.
Stay informed
We’ll remind you by email 3 days before payment is due.
Payment complete
On the due date, we’ll automatically collect the payment.
FAQ
BNPL for Byuers
BNPL for Byuers
Buy Now, Pay Later (BNPL) 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 90 days (or the maximum period set by the seller). B2B BNPL is interest free and comes with no fees attached.
Modu sets your credit limit by assessing your business’s financial health – looking at factors such as cash balance, revenue, and overall trends. Your limit isn’t fixed: it updates dynamically to reflect real-time changes in your profile. On the Modu platform, you’ll always know your available credit in advance.
You don’t pay anything upfront when placing an order. Once your purchase is confirmed, Modu tracks your repayment schedule directly in your Dashboard. A reminder will be sent to you in advance via Dashboard notification, email, or SMS. On the due date, payment is automatically collected from your Modu account balance or through the payment method you’ve selected (e.g. credit card or Direct Debit).
If payment is not received on the due date, Modu will first send you a reminder invoice via email. If it remains unpaid, we’ll follow up through phone, email, or SMS. Continued non-payment may result in suspension of your credit limit and restricted access to further financing until the invoice is settled.
If you cannot pay for your purchase, reach out to us immediately via the Modu Dashboard, email collections@modu.ai, or phone to discuss repayment options. If we are unable to agree on a plan and the balance remains unpaid, your account may be suspended, your credit limit reduced, and the case may be referred to collections. This could also impact your ability to access financing in the future.
