CeleraFi FastPay Solution
Suppliers get paid early,
Governments can pay later
CeleraFi FastPay is our expedited invoice payment solution that helps create a stronger vendor and government community by automating and expediting vendor payments. FastPay enrolled companies typically receive payment within 15 to 30 days from invoice date on "Approved for Payment" invoices, while participating government jurisdictions pay these same invoices within 75 to 90 days from invoice date.
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Vendors Get Paid in <= 30 Days from Invoice Date*
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Governments Pay in +/-90 Days*
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Zero Cost to Government
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Zero Tax Dollars Expended
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Real-time Invoice Approval & Payment Status Visibility
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Cloud Based & Automated
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No Integration Required
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Paperless Payments
*Subject to jurisdiction "Approved for Payment" digital notification within 25 days from invoice date.
Powering community growth with CeleraFi FastPay
Fuel innovation, business growth, and your local community economy with faster vendor payments while enabling governments to build stronger financial foundations
Suppliers
Get paid early and invest in your growth goals
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Get paid in 30 days or less*,
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Increase your working capital balance,
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Spend more time making money, less time collecting it,
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Anytime, anywhere payment status visibility,
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No UCC or Personal Guaranty.
*Subject to jurisdiction "Approved for Payment" digital notification within 25 days from invoice date.
Government
Improve cash flow and strengthen your vendor community
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Pay invoices +/- 90 days**,
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Increase days cash-on-hand balances alleviates cash flow constraints,
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Zero cost and zero tax dollars used,
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Increase efficiency and accuracy to review, code, approve payments on cloud-based anytime,anywhere online access.
*Subject to jurisdiction "Approved for Payment" digital notification within 25 days from invoice date.
Community
Expand your underserved vendor community and build the local economy
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Reduce SMB/MBE financial barriers to public contracting,
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Increase local vendor participation pool,
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Reinvest tax dollars into local community businesses,
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Strengthen local employment,
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Reduce contract costs through increased competition.