Payment Policy

A functioning and fair payment system is a key element of a healthy economic society and is vital for well-being and financial sustainability we look at this through a social impact lens.

At Profit Impact, we’re proud to have been recognised for the Gold Standard Fair Payment Code (FPC) for our commitment to paying suppliers on time.

Every decision we make at Profit Impact considers the impact on all our stakeholders. We are committed to paying our suppliers on time and helping them manage their finances and thrive. Just as we honour our commitments, we encourage our customers to do the same, and they do. It’s a genuine community effort, and I couldn’t be prouder of our work together to strengthen the economy

This policy sets out the principles of supplier payments that we, as a B Corp-certified, ethos-led organisation follow.
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Our principles

- To support small, independent and local businesses wherever possible

- We pledge to pay 95% of all invoices within 30 days for all suppliers regardless of size.

- Pledge to not impose a cash flow crisis

- We operate a relationship of respect

- We always pay fairly

- We operate no unreasonable contracts

- All invoices should be submitted directly to sarah@profit-impact.co.uk who is also your point of contact to discuss payment enquiries

The Fair Payment Code (FPC) rewards businesses that adopt fair payment practices with their suppliers. The Fair Payment Code has a tiered system of Awards which is aimed at awarding best practice and driving improvements in payment performance and to ensure the Code is credible, there is a rigorous but relatively light touch application process, a two-year limit on Awards and a more robust approach to enforcement. 

The Fair Payment Code is administered by the Office of the Small Business Commissioner (OSBC) on behalf of the Department for Business and Trade (DBT). You can find out more here‍.

Last Updated on 17/04/2025

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