What do I do if I was declined for Sellar Credit?
Unfortunately at this time HOKODO can't offer you Sellar Credit. But it's not all bad news, all the other payment options are available on Sellar to use with your favourite and newly discovered Suppliers. All the ways to pay on Sellar can be found here.
HOKODO won't give us the reason why you have been declined. But some common reasons why and solutions are:
Your Company is less than one year old - You will need to wait until your Business is one year old to re-apply.
Your Company is not trading or dormant - Start trading or update Companies House to tell them you're trading before you re-apply.
Too high risk - You can request a manual review with HOKODO and we can help you with this. We will need your management accounts and the last 3 months of your bank statements. Get in contact with us to arrange this.