For Kirill Noskov, CEO of the active lifestyle brand IAMRUBOX, things are looking bright.
This article was written by Towe Boström at Breakit.se in Swedish, and translated by the Treyd team.
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Treyd is a buy now pay later service for international supply chains. We pay your supplier invoices on your behalf and allow you to pay up to 120 days later. The point of Treyd is to free up cash so that your company can invest in growth - buy more inventory, increase sales & marketing or launch new products. Treyd is a registered financial institution with the Swedish Financial Supervisory Authority (Finansinspektionen) and is backed by two leading venture capital funds and a long list of individual investors.
Upload your supplier invoice along with payment details. Treyd will pay your supplier invoice according to your instructions and send you a payment confirmation and an invoice with up to 120 days longer terms, according to your selection.
Sign up for free here. Fill in a simple KYC. Connect your accounting software or upload updated financials.Treyd will respond within two business days, often faster.
We’ve found that we match best with companies that are buying and selling finished products, has a good growth potential and at least one year of operations with $200 000 of sales or more.
Partnering with Treyd opens up several possibilities for margin improvement – shifting to slower but cheaper freight options, increasing order sizes, negotiating supplier discounts etc.
Not in general. Quality inspections is a service which can be used for all clients and in some cases we do require this to ensure the goods are sellable.
Not necessarily. When you pay with Treyd the payment will come from Treyd to your supplier. We use the invoice reference to ensure that the payment is connected to your original invoice.
No, the account and limit are completely free
We don’t charge anything for access to a limit. When you choose to pay an invoice with Treyd you will be charged a fixed monthly fee depending on your chosen payment term, 1-4 months.
The fee is determined based on the strength of your financials as well as your trading history with Treyd.
Just like the fee, your Treyd Limit is determined by on the strength of your financials as well as your trading history with Treyd.By connecting your accounting software, your Treyd Limit can grow as your business grows.
We’ve created a very simple sign-up form – find it here
We can get you up and running within a day!