Goods: Fitness Bracelets
Amount: 20k
Value: USD 412.600
Payment terms: 120 days
Shipped: 1st of October
Should be paid: 30th of January
Paid through FOB.money:
3rd of October
What is FOB.money?
A tool to create your invoice:
submit an invoice on FOB.money platform, or upload your own and we will convert it
An immediate funding of your shipment:
Financial players will be battling to fund your invoice and the platform will give you best offers within 48 hours.
A trade protection for your business:
use our commitment for fundung, and get paid as soon as the goods are shipped
FOB.money is a special type of invoice that provides the seller a guaranteed payment upon shipment. Even if deferred payment terms are up to 180 days.
How does it work?
Negotiate the contract: offer to your buyer deferred payment terms up to 120 days
Create a FOB.Money Invoice, sign up to the platform and get the best offers from our financial suppliers.
Accept one of the offers and get a funding commitment from the financial provider.
Now sign the invoice with your buyer as a normal invoice.
Ship the goods and get paid straight after the date of shipment.