While credit cards give consumers and businesses expanded purchasing power, Baton is not credit. Instead, Baton is designed to give small businesses expanded SELLING POWER.
For each Customer you qualify in your Baton App (a process invisible to your Customer), you know your SELLING POWER to that Customer. Said another way, you know the terms under which Baton would consider paying you for your Customer’s outstanding invoices (also known as your accounts receivable balances) before you offer them to Baton.
Knowing your SELLING POWER means that on each qualified customer you know the ….
- Customer Invoice Limit
- Baton Fee
- Maximum Invoice Term
Once a customer is qualified, you also know…
- Baton will pay you in as few as 3 business days for accepted and qualified Customer invoices.
- Baton will remove your risk of Customer late-payments for accepted and qualified Customer invoices.
- Baton will reduce your risk of Customer non-payments for accepted and qualified Customer invoices.
Knowing your SELLING POWER enables you to sell with greater confidence. Once you know your SELLING POWER, then you can consider taking on more Customers, larger contracts, or offering more competitive invoice terms.