Hydr

Financial services
United Kingdom

Hydr gives Xero users the flexibility to improve cash flow without extending borrowings by paying 100% of invoice values within 24 hours for fees that are fair and fixed.

Our online process enables you to onboard your company within minutes and nominate which customers you would like funded, without the need for additional paperwork. Once verified, invoices are paid within 24 hours, removing the stress of waiting for payment.

In the news

By 
Nicola Weedall
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Overview

Hydr is reinventing invoice finance with  its Xero integrated, digital & transparent proposition.

Key features include;

  • Online platform: onboarding is quick and paperless, taking only 15 minutes with funding decisions given in real time.
  • Fair, fixed and transparent fees: the fee we quote is the price you pay - you will always have certainty on what it will cost to fund 100% of the value of your invoice. There are never any hidden extras and our fees include credit insurance and credit control.  
  • 100% in 24 hours: we pay the full value of your invoice in a single lump sum, minus our fair, fixed fee.   
  • An extension of your Xero software capability: our deep integration means that once onboarded, you simply raise your invoices within Xero as normal - there’s no need to let us know. When it comes to managing those funded invoices, we post our fees within your chosen Xero expense account and payment reconciliation is automatic.  So, not only do you get paid the cash in 24 hours, all that admin is taken care of!

An extension of your finance function: we’re experts who take pride in building professional, light touch relationships with your customers, saving valuable time that you can use to focus on building your business. It’s all part of our service.

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