fulfin - the alternative to finetrading

How does purchase financing via finetrading work?

Finetrading is an alternative form of purchase or merchandise pre-financing in which the finetrader acts as an intermediary between the supplier and the merchant. The trader negotiates the terms of delivery, prices and other conditions with his supplier in advance. The order itself is then placed by the finetrading company on its own account, but delivered to the dealer's destination. As soon as the merchant has approved the invoice, the finetrader pays the supplier. The seller, in turn, receives an extended payment term from the finetrader or the option of paying his liabilities by instalments.

What is the basic difference between fulfin and a finetrader?

Unlike financial traders or pure commodity purchase financiers, fulfin is not an intermediary in the commodity supply chain. The supply chain is not interrupted and communication with suppliers or manufacturers remains unaffected.

How does the financing of goods with fulfin work?

fulfin, the pioneer of digital financing providers, has developed a new type of purchase financing with its fulfillment financing, especially for e-commerce sellers. Compared to Finetrading, with fulfin there is no intervention in the relationship between supplier and retailer - the retailer negotiates independently with the supplier. Furthermore, fulfin also allows for subsequent financing in the sense of inventory financing. This means that the costs incurred can be covered independently of previous orders and the previous invoice total.

What are the advantages of financing with fulfin compared to finetrading?

1. The supplier-dealer relationship is not affected
2. The capital does not necessarily have to be used for financing goods
3. The goods can be prefinanced as well as postfinanced