For funders and investors
Short paper, real cargo.
Trade receivables run 30 to 120 days and repay themselves when the buyer settles. Each one sits behind documents we have already verified — and on a platform that shows you the asset, not a monthly summary of it.
For institutional and professional investors. Not an offer of securities.
The case
The duration is the feature.
A trade receivable is a claim on a payment for goods that have already shipped. It matures in weeks rather than years, and the event that repays it is the buyer settling an invoice they have already approved — not a refinancing, an exit, or a rate cut.
That gives a book of them an unusual shape: it turns over several times a year, reprices continuously, and its risk is spread across specific buyers in specific corridors rather than concentrated in a single credit or a single macro call.
The difficulty was never the asset. It was the operational load — verifying documents, checking counterparties, chasing settlement, and being able to prove afterwards what was done and when. That work is what the platform exists to carry.
- 30 to 120 day tenors, self-liquidating on buyer settlement
- Diversified across buyers, sectors and Asia Pacific corridors
- Documents and counterparties verified before the asset is funded
How it works
From shipment to settlement.
The same pipeline that originates an invoice is the one that reports on it. There is no reconciliation between an origination system and an investor report.
- 01
Origination and verification
An exporter submits an invoice with its shipping documents. Fields are extracted and cross-checked, the buyer is assessed, and screening runs through a specialist provider before anything is fundable.
- 02
Structuring and allocation
Eligible receivables are structured and allocated according to the mandate — corridor, tenor, buyer concentration and sector limits are applied as rules, not as a periodic review.
- 03
Funding and monitoring
The exporter draws. From then on the position is monitored: due dates, buyer behaviour, document validity and any covenant or concentration breach.
- 04
Settlement and recycling
The buyer pays on the due date, the position closes, and the capital is available to allocate again. Every step is journaled against the asset.
Asset profile
- 30–120 days
- Typical tenor, self-liquidating
- Asset level
- Visibility, not a monthly roll-up
- APAC corridors
- Plus cross-border OECD trade flows
- 8+ years
- Of receivables origination behind the platform
Indicative characteristics of the asset class, not a representation about any particular portfolio or a forecast of returns. Capital is at risk. Nothing here is an offer, a solicitation, or investment advice.
Maturity profile
A book that turns over.
A portfolio of short receivables reprices continuously instead of sitting still. This is the shape of the maturity ladder rather than a claim about any particular book.
Every bar is cargo that has already shipped and a buyer who has already approved the invoice.
- 0–30 days 22%
- 31–60 days 34%
- 61–90 days 29%
- 91–120 days 15%
Illustrative distribution of tenors in the asset class, not a representation about a specific portfolio. Capital is at risk.
What you see
Reporting that is the system, not a copy of it.
Investor reporting usually lags because it is assembled from an operational system after the fact. Here it reads the same records the operations team works in.
- 01 Every asset, individually
- Buyer, exporter, corridor, tenor, due date and current state — per receivable, not aggregated into a band.
- 02 The evidence behind it
- The documents that were verified, what was extracted, who reviewed it, and when they approved it.
- 03 Exposure and concentration
- By buyer, exporter, sector, corridor and maturity, recalculated as the book moves rather than at month end.
- 04 Settlement performance
- Paid on time, paid late, and by how long — per buyer, so a deteriorating payer is visible before it becomes a loss.
- 05 Audit-ready exports
- Data an auditor or an examiner can read without a walkthrough, covering decisions as well as balances.
- 06 Operational cover
- The trade services team handles verification, credit review and collections, so a mandate does not require you to build a desk.
Questions
What funders ask.
What is actually being financed?
A specific invoice for goods that have already been delivered, owed by an identified business buyer, with the shipping documents verified before funding. Not a pool of unspecified corporate receivables and not a balance-sheet loan.
Where does the credit risk sit?
Principally with the buyer paying the invoice, which is why buyer assessment rather than exporter assessment drives eligibility. Whether the exporter stands behind a non-payment depends on whether the underlying facility is with or without recourse, and credit insurance is used in some structures.
How is this structured for an investor?
It depends on your mandate, jurisdiction and regulatory status, and it is a conversation rather than a product page. Nothing on this site is an offer or a solicitation.
What are the historical loss rates?
We will share the origination track record under NDA with a real portfolio review. We are not going to put a number on a marketing page, because a figure without its cohort, corridor and structure is not information.
Can we set our own limits?
Yes — corridor, tenor, buyer and sector concentration, and minimum document standards. Those become rules the platform enforces at funding time, not guidance reviewed afterwards.
What happens when a buyer pays late?
The position stays open and visible with its ageing, collections activity is recorded against it, and your exposure and settlement-performance figures update. You will not find out at month end.
Do we need our own operations team?
No. Verification, credit review, counterparty analysis, compliance monitoring and reporting can be run by the trade services team, which is how most mandates start.
Next
Ask for a portfolio review.
Tell us the mandate — tenor, size, corridors and concentration limits — and we will walk you through live assets, the origination track record, and where the structure would sit.
- Live assets and real documents, under NDA
- The origination history, with its cohorts rather than a headline
- A straight answer on whether your mandate fits