Mimo Flex is a pay-later service that lets you settle your vendor and supplier bills and defer the payment later. Mimo Flex is a credit facility available exclusively for selected and qualified businesses to finance your payments made on Mimo.

When paying a bill through Mimo with an active Mimo Flex facility, you can defer the payment by 30 or 60 days in exchange for a clear, fixed fee. Mimo will pay the supplier when you schedule the payment, and you’ll repay Mimo on the deferred date—30 or 60 days later.

The total amount of bills you can defer with Mimo Flex is determined based on factors such as your company’s financial information and payment history. This limit will be communicated to you through Mimo, and the Flex option will be available for invoices below that threshold.