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Oxygen Finance working with Co-operative Councils
FreePay realises social value outcomes by helping councils accelerate payment to small and micro suppliers, getting cash to the local businesses that need it most.
The issue
Small and micro businesses are the lifeblood of the UK economy, but many struggle to get paid. FreePay delivers true social procurement, supporting local economies by treating suppliers fairly and responsibly, and in the process helping public authorities achieve their social value goals.
Unlike other products which levy a discount on suppliers, FreePay does exactly what it says: it allows public sector buyers to pay small business invoices early without charge. Over £1billion has been paid to local firms to date.
Simon Whittle
Sales Director
Oxygen
