Overview
Hydr enables 100% of the value of your eligible invoices to be financed. Our fully digital process means that you can onboard your company and nominate which customers you would like to be financed within a matter of minutes and, once verified, we pay you within 24 hours.
A big difference between us and our competitors is that we are taking funding decisions on a per invoice basis using our unique algorithm. You are not applying for a set amount of credit - if your invoices are eligible you can fund as many or as few as you like.
Our pricing is fixed: what we quote is what you pay.
Hydr + Xero
Once you have connected your Xero account, this connection is maintained for the time you are having your invoices financed by us. We only utilise the data from your account that we need to provide our service.
Through some algorithmic magic, we will tell you which of your customers we could fund and how much we would charge. These are fixed quotes for funding 100% of the value of those invoices minus our fee.
The best part is that once your customers have been verified, you simply raise your invoices on Xero and we pay them the next day! There is no need to re-enter data on to our platform.
Getting started
Log on to our website Complete onboarding - you'll need to connect your company bank account using Open Banking and prove your identity with either your passport or drivers licence.
Connect Xero to our platform
Through some algorithmic magic, we tell you which of your customers we could fund and how much we would charge. Remember - these are fixed quotes for funding 100% of the value of those invoices (minus the fee)
You click on the customers you would like us to fund, confirm your identity and link your company bank account to the platform.
Then it's just a matter of digitally signing the lending agreement and voila!
We are ready to go!
