Paying for stock before you can sell it is one of the biggest pressures on a growing business. Overseas suppliers often expect payment before or during production, which means your cash can be tied up for weeks or months before the goods even arrive.
To help with that, Legitech Group offers a deferred payment facility to eligible business clients in the UK and internationally: once you have completed three orders with us, you can receive your goods first and pay 30 to 180 days after you receive them.
How deferred payment works
- Complete three ordersDeferred payment becomes available once you have completed three orders with us.
- Eligibility and approvalWe review eligibility and confirm whether deferred terms can be offered.
- Terms agreed in writingThe payment terms for the order are confirmed in writing before it goes ahead.
- We manage the orderSourcing, quality control, freight and delivery run as normal.
- You receive your goodsYour payment period starts from the date you receive the goods.
- Pay within your agreed termPayment is due 30 to 180 days after delivery, depending on the term agreed in writing.
Why it helps your business
- Better cash flowKeep cash in the business until after the goods arrive.
- Sell before you payStart selling stock during your payment term.
- Plan with confidenceA clear, agreed due date for each order.
- Grow your rangeTake on new lines without waiting for cash to free up.
An example timeline
| Stage | What happens | Payment |
|---|---|---|
| Order confirmed | Terms agreed in writing | Nothing to pay |
| Production and inspection | Goods made and checked | Nothing to pay |
| Shipping and customs | Goods travel to you | Nothing to pay |
| Day 0: goods received | Delivered to your premises | Payment period starts |
| During the agreed term | You can sell the stock | Nothing to pay |
| Day 30 to day 180 | End of your agreed term | Payment due |
Who it is for
Deferred payment is designed for UK and international business customers who buy from us regularly: retailers, wholesalers, distributors, e-commerce brands and manufacturers. It rewards an established working relationship, which is why it becomes available after three completed orders rather than on day one.
Good to know
- Deferred payment is offered subject to eligibility and approval.
- Terms for each order are confirmed in writing before the order is placed.
- It is available to UK and international business customers, not consumers.
- Paying on time keeps the facility available for future orders.
Frequently asked questions
What is deferred payment?
Deferred payment means you receive your goods first and pay later. With Legitech, eligible clients can pay 30 to 180 days after they receive their goods, instead of paying before or during production.
Who can use deferred payment?
It is available to UK and international business customers who have completed three orders with us, subject to eligibility and approval.
How long can I defer payment?
Between 30 and 180 days after you receive the goods. The term for each order depends on the order and your account, and is confirmed in writing before the order is placed.
When does the payment period start?
From the date you receive the goods, as recorded on delivery. The exact due date is confirmed in writing before the order is placed.
Do I pay anything upfront on a deferred order?
For orders approved on deferred terms, payment is due at the end of the agreed term, between 30 and 180 days after you receive the goods. The terms for each order are agreed in writing before it goes ahead.
Is deferred payment available to international clients?
Yes. Deferred payment is available to both UK and international business clients who have completed three orders with us, subject to eligibility and approval.
Is deferred payment available to consumers?
No. It is a business-to-business arrangement for trade customers only.
How do I find out if I am eligible?
Ask your account manager or contact us. We will explain the criteria and what happens next.