Make a difference for your suppliers and improve your liquidity
Help your suppliers get through tough times
Many companies are struggling to cope with the fallout of the COVID-19 crisis. Revenues are falling across many industries, yet businesses are still getting hit by expenses—they must pay wages, suppliers, rent, etc. And this is putting cash flow and liquidity under serious pressure.
Together, we can help prevent your suppliers from going bankrupt.
When your suppliers have to wait for payment, it puts even more pressure on their cash flow. But with an instant payment guarantee, supported and guaranteed by an export credit agency, you can support your suppliers liquidity while also ensuring a corresponding deferral on your payments.
An instant payment facility allows you to pay your suppliers’ invoices immediately while also giving your businesses another tool to manage cash flow. Here’s how it works: first, a credit is made available to you by an ECA (export credit agency). You can draw on the credit as you pay your suppliers. By paying your suppliers quickly, you get a longer payment deadline at the other end. Your suppliers can send the invoices either through the bank or through a digital trading platform like Tradeshift.
Sign up and get a call within 24 hours
Our team is ready to call you and talk about the possibilities. Before you sign up, make sure that your company meets the following requirements:
- You must be an exporter or a subcontractor of an exporter.
- Your company must do business that benefits society.
- Your work must be environmentally and socially responsible.