Are you an SME looking for a working capital solution? Or for a B2B Buy Now, Pay Later payment terms solution? Have you thought about using Finiata? Want to know why Terms.Tech stands out from the B2B payments pack?
Finiata and Terms.Tech both offer flexible B2B payment solutions for SMEs. Terms.Tech is based in Belgium with coverage in all of the EEA, while Finiata is from neighbouring Germany, but with a primary focus on Poland.
Both Finiata and Terms.Tech set out to provide small and medium-sized businesses trade finance opportunities they need to do their business. Let’s have a quick look at these two payment services.
Benefits of Terms.Tech
Terms.Tech adds value to B2B marketplaces, merchants, ecommerce, and PSPs – and here are some reasons why:
Payment terms
We enable B2B marketplaces and merchants to offer deferred payment terms up to 120 days to their B2B buyers.
When sellers get paid
Terms.Tech pays sellers and/or marketplaces as soon as there is proof of delivery. You don’t have to wait 30 days or more from delivery – you’ve done your job, so your cash flow deserves the bump.
100% payment
We pay 100% upon proof of delivery. Not 90%. Not 85%. Just plain old-fashioned 100%!
Elevates revenue
Terms.Tech increases sales, increases the frequency and € amount of transactions, drives new customer acquisition, and helps to retain current customers. All of this positively impacts revenue.
Coverage
Our services are far-reaching across Europe. We are available throughout the European Economic Area (EEA) and Switzerland. We also have the capability to handle buyers from outside these areas if they meet our KYC/KYB threshold.
Integration
Simple integration with REST APIs and webhooks. We work with your team to make sure the set up and integration is smooth and fast.
Credit risk assessment
Our rigorous risk assessment processes use machine learning, credit risk reports, and non-traditional data assessments. And, our assessment is lightning fast!
Risk management & collections
De-risk your business and let us take the risk for you – we take on the burden of non-payment losses, early-stage collections, and fraud protection.
Adaptable solutions
We have off-the-rack solutions, but we also customise our payment terms solutions for different business sizes and industries.
White-label
Terms.Tech allows businesses to maintain brand identity with their buyers through our white-labelling solution.
Use cases and industries
Applicable for cross-border payment transactions in almost any industry you can imagine. If you sell B2B products, then Terms.Tech delivers the payment terms for your customers. Agriculture, food & beverage, logistics, electronics, automotive, packaging & containers, retail, medical devices, paper & forest products… the list goes on and on!
Benefits of Finiata
And, here’s a summary of Finiata’s features you may find interesting:
Payment Terms
Finiata offers tailored credit lines and financing solutions for SMEs, including factoring and revolving credit.
Integration
Provides flexible integration options, ranging from light (1-2 weeks) to deep (4-5 months), allowing for seamless embedding into platforms.
Use Cases
Focuses on SMEs that need working capital in logistics and supply chains, in addition to marketplaces.
Cash Flow Insights
Provides AI-driven cash flow analysis for businesses to manage their finances effectively.
Global Reach
Currently mainly focused on businesses in Poland but plans to expand its offerings.
Risk Management
Handles compliance and risk and ensures a secure financial platform for B2B transactions.
Speed
Quick approval and funding process, with funds available within 15 minutes after approval.
Custom Solutions
Offers fully customisable financial products based on each company’s business needs.
Finiata or Terms.Tech?
Both solutions offer attractive features that B2B marketplaces and merchants with ecommerce platforms need. Terms.Tech focuses on extended payment options, EEA coverage, industry adaptability, white-labelling, rigorous risk assessment, and takes on risk so sellers can destress!
Terms.Tech’s complete EEA coverage means our door is open across Europe, rather than focusing on just one or two countries. So, if you’re based France or Spain, Belgium or the Czech Republic, Italy or Norway, Germany or Poland, come check our what we can do for your business.
Together, let’s make Terms.Tech your B2B marketplace or merchant’s payment terms solution.
Get in touch with our B2B payments experts today! It’s time to start your journey to increased cash flow, sales, and growth while lowering your stress!
