Frequently Asked Questions about Ready Pay for Agents & Vendors
Frequently Asked Questions
What is Ready-Pay?
Ready-Pay is a ‘Buy Now, Pay Later’ credit solution for funding vendor paid advertising campaigns. Ready-Pay is powered and supported by BUTN – a leading provider of instant payment solutions.
How does Ready-Pay benefit agents and vendors?
Ready-Pay’s instant access to marketing funds allows vendors to go market sooner and maximise their opportunity of securing the best possible deal. Additionally, vendors aren’t confronted with an upfront payment if they don’t have the necessary funds.
How much can my vendor borrow using Ready-Pay?
Up to $50,000 with no minimum threshold*.
Who is eligible to access Ready-Pay?
Ready-Pay is accessible to any vendor which books either a Featured Listing Package / Silver Listing Package on the DevelopmentReady / CommercialReady listing portals.*
How do I access Ready-Pay?
Simply fill out our short form-fill guide to apply. A subsequent application is made via Butn to secure funding approval.
How long does it take a vendor to apply and receive funds?
Approximately 6 minutes to apply online and funds are instantly transferred to the nominated agency upon approval.
Can Ready-Pay funds be used for the entire marketing campaign?
Yes, the funds can be utilised across all marketing platforms and mediums. Ready-Pay funding is not limited to Development Ready / Commercial Ready platforms.
What information is required access Ready-Pay?
- Itemised Marketing schedule (provided by real estate agency)
- An ABN
- Drivers’ License
- Other basic information
What is the interest expense?
Interest rates start from as little as 5.95% depending on selected loan term.
What are the loan terms?
Flexible loan terms are offered with the ability to make repayments over a 4,6,8 or 12 week period.
Are any fees incurred?
A one off establishment fee (to be paid to Butnpay) of $249 is incurred.
Head to our contact page to speak with a team member today.