Shelia Kent's Contact Details

Shelia Kent's Company Details

Tradehub365

London, England, United Kingdom • 2 Employees
Financial Services

Buyers and sellers have competing problems when it comes to finance and risk. Buyer wants to pay late and seller wants to be paid up front and to avoid late payment and default risk. However, neither wants to miss a trade because lost sales are expensive. This is so often caused by not having finance at the point of sale. The Tradehub365 platform solves the above problem for SMEs who don't have pre-arranged finance and insurance for new or existing counterparties.How does it work? Seller and buyer sign up, pass compliance checks and move on to trade and raise funding. All this happens in a few clicks. And it works because the platform verifies all the important aspects of a trade BEFORE the trade is agreed which is what lenders and insurers want.The platform is ideal for trading between regular counterparties who trust each other because it relies on collaboration and data sharing. This gives lenders and insurers the confidence that the parties and trades are real and credible. Which allows them to relax their requirement for annual contracts and minimum spend because they get a large amount of business from a single, reliable channel. The platform can also be used to fund one-off transactions, even if buyer or seller are in different (or even less well known) countries, provided the trade is for more than £10,000 and one of the parties is in the UK.