Approved buyers can pay for a lot 60 days after ordering, with no fee and no penalty for using the whole limit.
Applying
Applying needs a free Closo account. Tell us about the business: what it is, how long it has run and what you buy. No bank details, nothing to pay. A person reads every application and replies in 3 to 5 business days.
Ordering and paying
Approved buyers see terms at checkout. Anything beyond the limit is paid the ordinary way, and the limit can grow as you order and pay.
The invoice is charged 60 days after you order. Pay earlier whenever you like: what you settle returns to your available limit straight away.
If what you have told us is not enough to set a limit, you may be asked to link your operating account. That is a separate step, and you can decline it and keep buying without terms.
What if I am declined?
You can apply again after 60 days, and nothing about buying without terms changes in the meantime.
Is there a fee or a penalty?
No fee for paying with terms, and no penalty for using your whole limit.