Cloudfloat, Australia’s leading B2B pay-later platform, today announced the launch of its new 120-day payment option, giving small and medium-sized enterprises (SMEs) more time than ever to manage supplier payments and smooth cashflow. The enhancement, arriving ahead of the Christmas and New Year period and the broader peak retail season, allows businesses to pay suppliers upfront while spreading repayments over up to four months, weekly or fortnightly.
It is the latest evolution of Cloudfloat’s mission to free SMEs from the stranglehold of rigid payment terms and high-interest credit.
“Cashflow gaps over the holiday season are one of the biggest stress points for business owners,” said Aleem Habibullah, Founder and CEO of Cloudfloat. “With our 120-day option, SMEs can keep projects moving, stock up on inventory, or bridge the January lull, all while paying suppliers in real time and repaying on their terms. No interest. Just one transparent processing fee.”
In addition to the new payment option, Cloudfloat has released several other key product updates this year, signaling a major evolution of its platform:
- Merchant and Real-Time Settlements – Cloudfloat has launched a new supplier solution, a game-changer for SME business owners. This product allows businesses to receive payments instantly while offering their customers flexible payment terms of up to 120 days, creating a true win-win for cashflow on both sides.
- Enhanced Team Collaboration: The introduction of multi-user access allows teams to manage accounts and transactions together seamlessly, improving efficiency and reducing administrative burdens.
- Streamlined Payments: New email forwarding for payment requests lets users create payment requests by simply forwarding an invoice, while the ability to top up a wallet via PayID ensures immediate access to funds.
- Intelligent Cash Flow Management: The Smart Auto Top-Ups feature provides automated wallet liquidity based on usage, ensuring businesses always have the capital they need without manual intervention.
“These aren’t just incremental updates; they represent a fundamental shift in how we empower businesses,” added Habibullah. “By providing solutions for both sides of the cash flow equation and integrating intelligent automation, we are giving business owners the tools to move from a place of stress to one of complete financial confidence.”
Cloudfloat‘s new 120-day payment option is available now to all users. These enhancements reflect the company’s commitment to delivering innovative, user-centric solutions that support the growth and sustainability of the SME community.
