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Our Extended Payment Terms are exclusively available to partners of Siemens - including distributors, solution partners, vertical sales segments and OEMs.
With these customer-focused terms, you decide when to use them and let us know when you need them. Enabling flexible repayment options, our Extended Payment Terms (EPT) allow you up to 180 days to pay the supplier - giving your business the liquidity and access to capital that it needs.
Our Extended Payment Terms enable your business to invest without restricting your cash-flow
With our EPT solutions, a tri-party agreement is created between the relevant Siemens division, Siemens Financial Services and you. By providing a revolving credit facitity, SFS purchases the goods from Siemens and distributors to sell onto your business, which enables you to have access to up to 180 days extended payment terms.
Siemens Financial Services provides automated, flexible financing arrangements. EPT can benefit you in a number of ways:
Our terms of up to 180 days frees up working capital, enabling businesses to bridge a liquidity gap to grow and develop
You continue to negotiate directly with Siemens to finalise the details of your order
When you place an order, indicate a requirement for Extended Payment Terms by ticking an optional box
SFS will then send out a Tri-Party agreement between you, Siemens and SFS
Siemens will invoice SFS directly for your purchases once the order has been fulfilled
Simultaneously with Step 4, SFS will invoice you with payment terms of up to 180 days
For ease of payment, your account with be debited on the 180th day
If you would like further information on Extended Payment Terms from Siemens, you can find a copy of our e-brochure here