Score of 95.07/100 qualifies for PaymentCheck Certification
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 15 | 92% | 5% | 3% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 15 | 92% | 4% | 4% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Company has several standard payment terms for qualifying contracts. These range from 7 to 90 days from receipt of invoice depending on the category of supplier.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
Company seeks to have an open constructive and effective relationship with all suppliers, as it believes they are integral to success. Company will endeavor to resolve any dispute reasonably.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
BAIN CAPITAL CREDIT, LTD. is an active private limited company. Its name, incorporating 'Capital' and 'Credit', indicates its involvement in the financial services and credit provision sector.
This company, with company number 05512934, was incorporated in London on 19 July 2005. Its registered office is located at Duo, Level 6, 280 Bishopsgate, London, United Kingdom, EC2M 4RB.
Companies of this type, active in the credit sector within the UK, typically specialise in providing a range of credit and capital solutions. These services often include corporate lending, direct lending, and investment in various credit instruments for businesses and institutions.