TRADE FINANCE PROGRAM

Trade facility based on credit strength of the Buyer and the Seller's end Buyer

The Trade Finance Program provides clients with a platform to fund vendor payments based upon the credit strength and repayment commitment of their end customers. The client is both a Buyer and a Seller on the TradeRiver STEPS platform. Clients make early vendor payment to acquire inventory and production, secured by the quality of their Accounts Receivable. The process bridges gaps in the Accounts Payable to Accounts Receivable (A/P-A/R) revenue cycle.

Clients transact directly as a ‘Buyer’ with their vendors to execute complete agreements and fund purchases. Clients also transact as Seller to assign their customer invoices for early settlement. Advance rates range from 70 - 90% of invoiced amount, allowing clients to operate, make purchases and fill orders in their supply chain with trade credit terms of 30-120 days. Invoices are paid within 3 days of assignment allowing client to operate and grow.

The program combines purchase order funding and invoice discounting to cover the full length of the supply chain, bridge funding gaps and maximize client flexibility.