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Marketplace Solution
Get extended credit terms and faster invoice settlements
for goods in transit or in warehouses.
CUSTOMIZED Marketplace Solutions
Tired of waiting for long credit terms while your goods are in transit?
Looking to streamline your import/ export process? Look no further!
Triterras is here to revolutionize the way you do your business. Our customized marketplace solution bridges the gap between buyers and suppliers, allowing each party to get the terms they need while the goods are in transit or in warehouses.
With Triterras as a contractual party to your supplier, you can now gain access to extended credit terms of up to 120 days while your supplier gets their invoices settled at sight. What’s more, with our unique solution, large enterprises with stronger balance sheets can enjoy extended credit terms without requiring ownership of title or inventory.
Take advantage of flexible and reliable credit facilities with Triterras.
Talk to your relationship manager to discuss your specific needs and requirements today.
How does the marketplace solution work?
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Step 1The client (borrower) contacts Triterras with details of the payment history with a supplier.
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Step 2Triterras reviews the transaction and enters into a contract with the client and their supplier.
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Step 3Triterras fulfills the supplier invoice; payment is settled upon sighting of the contractual documents.
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Step 4The client (borrower) gets a credit term of up to 120 days to settle the invoice with Triterras (now the contractual supplier.)
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Step 5The client receives goods from the original supplier.
Transform your trade with Triterras
Say ‘goodbye’ to delayed payments and longer credit terms. Get ready to experience the benefits of our customized marketplace solution.
How does our marketplace solution BENEFIT YOU?
Triterras’ marketplace solution is designed to meet the needs of businesses of all sizes and across any industry vertical. With this unique solution, we strive to empower you with opportunities for growth, allowing you to focus on what matters most – expanding your business.
Here’s how the solution benefits you:
- Improved cash flow
With Triterras as your contractual supplier, you can get up to 120 days of credit terms.
This allows you to maintain your cash flow for your other operational objectives.
- More trade opportunities
Quicker settlement of invoices allows you to unlock more trade opportunities and focus on the expansion of your business.
- Better supplier relationship
With your invoices settled at sight, you can now maintain even stronger relationships with your suppliers.
- Reduced risk exposure
The solution offers you the financial assurance that payments will be made on time and in full, thus significantly reducing the risk of default.