Daylit

Daylit Product Information

What is Daylit?

Daylit is an AI-driven Receivables Intelligence platform designed to help businesses accelerate payments and eliminate manual collection efforts. It utilizes AI agents to automate accounts receivable tasks, enhance collection processes, and predict cash flow. In addition to A/R intelligence, Daylit provides a full range of working capital solutions such as FundNow (receivables financing), OfferTerms (extending customer payment terms), PayLater (supplier financing/reverse factoring), and DrawDown (a revolving credit line for significant investments). The platform serves as a unified system for cash flow management, automated collections, and flexible funding across diverse sectors.

How to use Daylit?

Businesses can integrate Daylit's AI agents to automate their accounts receivable operations, monitor outstanding invoices, and forecast cash flow. For working capital, users can directly apply for products like FundNow, OfferTerms, PayLater, or DrawDown through the platform. Applications are fast (5-10 minutes), often with immediate decisions and funding within 24-48 hours; vendor payments or direct deposits are typically available the next business day after invoice submission. Users oversee their finances and track credit utilization via a user-friendly online dashboard.

Daylit's Core Features

AI Agents for Accounts Receivable Intelligence

Working Capital Solutions (FundNow, OfferTerms, PayLater, DrawDown)

Automated Collections

Cash Flow Forecasting

Early-pay and Volume Discounts (via PayLater)

Revolving Line of Credit

Daylit's Use Cases

Speed up cash collection from customer invoices.

Cut down time spent on manual collections and follow-ups.

Spot and address at-risk accounts early.

Obtain quick funding for major investments or expansion.

Delay vendor payments while ensuring they are paid upfront.

Offer flexible payment terms to customers to secure larger deals.

Secure early-payment and bulk purchase discounts from suppliers.

Stabilize cash flow variations and handle daily operational costs.

FAQ from Daylit

How does working capital financing work?

Working capital financing offers businesses short-term funds to support daily operations, bridge cash flow gaps, or seize growth opportunities. Daylit's solutions include accounts payable financing to defer vendor payments, accounts receivable financing to speed up cash collection, and a revolving line of credit for larger capital needs.

How quickly can I access working capital funds?

The application takes just 5–10 minutes. Businesses frequently get instant decisions, with proposals sent within 24–48 hours. Upon approval, submitting an invoice or bill leads to vendor payment the following day or direct funding to your account.

What are the costs of accounts receivable financing?

Pricing is straightforward and transparent: a 1% flat processing fee charged at funding, and a monthly financing fee of approximately 1%, depending on risk assessment. For instance, financing a $10,000 receivable over 60 days would generally cost around $200 in financing fees plus the $100 processing fee.

What are the costs of a working capital line of credit for large purchases?

Costs include a processing fee of 3–5% at the time of draw (deducted upfront) and a monthly financing fee of about 1–2%, based on risk profile. There are no hidden fees, setup charges, or prepayment penalties, and businesses pay only for what they use.

Daylit Support Email & Customer service contact & Refund contact etc.

For customer service, please email Daylit support at: [email protected] . For further inquiries, visit the contact us page(mailto:[email protected]?subject=Contact%20Us)

Daylit Screenshot