Product for Global Traders
You're not winning deals you could be because of working capital tie-up
Access working capital when you need it most (pre-shipment), so you can take on that large order and still pay your suppliers on time.
It's hard to achieve preferred status with suppliers and customers
Extend payment terms to your customers (30, 45, 60+ days) and pay suppliers on time to grow your market share and vendor relationships.
You're spending time + money manually managing your back-office operations
Experience the power of end-to-end, automated trade technology. Automate payments (to carriers and suppliers), customer invoicing, streamline collections, +more.
Banks take too long and may not even work with SMB companies
Get funded in as little as 48 hours. The modernized mechanics of how we operate allow for speedy onboarding for every fish in the sea - from minnows to whales.
Goods Purchase Order Financing
Access financing to source, ship, and fulfill you customer purchase orders.
Get the advances you need to pay your suppliers on time and be able to take on orders that you would ordinarily have to miss.
Fast & free onboarding and funding approval
Complete digital onboarding in seconds, submit your purchase orders through a personalized online portal in minutes, and receive financing eligibility in as little as 48 hours.
Automated carrier and supplier payments (in any country and currency)
Never wire a carrier or supplier, ever again. Save time and money, and avoid penalties at destination with timely cargo release.
Simplify and streamline the accounts payable process to save time, money, and reduce human intervention with invoice automation - on your own terms and conditions.
Speed up your sale to revenue cycle. Free cash flow with more receivables, settled faster.
Integrate with your ERP. Benefit from enhanced functionality, improved efficiency and scalability with our API-driven cash advance and repayment workflows.
A unified platform provides trade-relevant information, including electronic docs like POs, BOLs, invoices, and contracts, and integrates physical and financial flows into one view, allowing multiple parties to see the same information (and updates) in real-time.
Everything that we accomplish, we do so via big-data analytics
We can predict (almost) anything and everything, from the carbon emissions on a ship – to the probability that an invoice is going to get paid. Big data bundled with ML unlock capital for you. Through these predictions, we confidently facilitate the trade finance automation that others won't touch. When you need it most - early on, upstream in the supply chain.
Success stories: V&L
Until recently, diabetes was the second-leading cause of death in Mexico. In addition to poor country-wide diets, a shortage of insulin supply as well as high prices for the only available (branded) insulin were major contributors. A Mexican pharmaceutical company, V&L, identified the opportunity to save lives by importing generic insulin.
After setting up their initial supply chain with an Indian manufacturer, V&L was seeking a financing partner to help them launch their generic insulin business and support operations moving forward. Most pressing, V&L lacked access to working capital to enter the market, and subsequently meet growing demand. Banks were not a viable financing option as they were unfavorable to their supply chain and demand pattern complexities.
Value from Fishtail
Within a year of Purchase Order financing with Fishtail, V&L was able to:
- Establish a new product in the Mexican market and provide critical medical supplies to hospitals and the government.
- Become the nation's largest government supplier of insulin.
- Experience fast and steady growth, allowing them to not only achieve increased margins, but also be able to respond to increasing demand and, ultimately, save lives.
Read the V&L Case Study.
Partnering with Fishtail for our trade financing needs allowed us to aggressively grow our existing pharmaceutical business and be able to reach our current demand.
With Fishtail's help, we began to import generic insulin to alleviate Mexico's insulin shortage and diabetes crisis, all while increasing our margins and reducing our environmental footprint as a company.
With Fishtail's Purchase Order financing, we can access our working capital sooner and advance cash to our suppliers faster, allowing us all to move as quickly as we need.
Juan Pablo Vilar Llantada, CEO V&L