Products for Businesses

Trade Credit Express™ is a new B2B payment system from FTRANS with all of the advantages of accepting a credit card payment for the seller and improved credit for the buyer.  Ask your bank about it!

Trade Credit Express Benefits

Increased Sales

Trade Credit Express gives your business the ability to offer its business customers better credit and more flexible payment terms.  This will help you retain current customers and gain new ones.

Fast Dependable, and Secure Payments

Trade Credit Express provides your business with timely payments that are securely deposited into your bank account in an average of four to eight days from date of sale.  This closes the gap between sale and receipt of payment thus establishing a dependable cash flow for your business and reducing the amount of capital required to fund receivables.

Improved Efficiency

Trade Credit Express shifts to financial institutions much of the administrative burden of operating a credit system, including customer credit approval, credit monitoring, matching payments to invoices, account reconciliation, making bank deposits, payments tracking, and collections.  Financial institutions are able to perform these functions more professionally and at lower cost than most businesses.  As a result, this frees your time to focus on more important things, including managing your growing business.

Eliminate Risk

Trade Credit Express allows you to eliminate the risk of non-payment which in turn reduces your business or personal risk.  Financial institutions are able to manage this risk more economically than most businesses.

Trade Credit Express is a payment system with many benefits for you and your customers

For your customers, Trade Credit Express continues to be the trade credit system they have always used - free and flexible terms from you.  Only now, you are in a position to give them more flexible credit and longer payment terms, which may increase your sales.

• You initiate the approval process through the Trade Credit Express web application.  In most cases, your customer does not have to apply for credit.

• Your customer perceives your business as a strong, valued supplier.

• You are able to retain valuable current customers and gain new ones.

How Does Trade Credit Express Work?

1. When a business obtains a new customer or new order, the customer's name, address, and phone number is entered into the Trade Credit Express web application for credit approval, in a timely manner.

2. Upon goods/services delivery, the seller invoices the buyer in the normal fashion, except the buyer is directed to send payment to a financial institution.

3. The seller enters a summary of the invoice in the Trade Credit Express web application.

The seller is finished with the transaction at that point (unless the seller needs to resolve a dispute with their customer).  Financial institutions handle all the administration, collections, credit risk, and reconciliations.  The payment appears in the seller's checking account in a few days - just like a credit card payment.