Reverse Factoring
Your supplier is paid now. You still pay on day 60.
Supply chain finance on the order you already approved. Once delivery is confirmed, a funder pays your supplier early.
Example screen. The companies, people and figures shown are invented.
StrikeREQ-2291 · PO-8841
Northline Packaging, invoice INV-40218
Delivery confirmed. This invoice can go to reverse factoring.
Invoice240,000.00USD
Days earlier for your supplier58
Your payment terms, in days60
Funders compete for your invoice.
Compare rate, advance and tenor, then see what your supplier actually receives. Accept the one you want.
Example screen. The companies, people and figures shown are invented.
StrikeFR-2041 · INV-40218
Competing offers
3 funders offered on this invoice. Atlas Trade Bank leaves your supplier with the most cash.
| Funder | APR | Advance | Approved advance | Tenor | Net cash received | |
|---|---|---|---|---|---|---|
| Atlas Trade Bank | 8.25% | 100% | 240,000.00USD | 58 days | 236,853.70USD | |
| Cedar Commercial Bank | 8.75% | 100% | 240,000.00USD | 58 days | 236,663.01USD | |
| Harbor Finance | 7.90% | 96% | 230,400.00USD | 58 days | 227,507.69USD |
Accepted. The contract goes to the funder for signature.
Same amount. Same date.
Your obligation does not change. Strike only changes who you pay, and tells you plainly.
Example screen. The companies, people and figures shown are invented.
StrikeFR-2041 · INV-40218
Repay Atlas Trade Bank
- Delivery confirmed
- Offer accepted
- Contract signed
- Supplier paid
- 5You repay
Northline Packaging has received an advance from Atlas Trade Bank. Pay Atlas Trade Bank, not Northline Packaging. Your obligation is unchanged: same amount, same due date.
| Before financing | After financing | |
|---|---|---|
| Amount you owe | 240,000.00USD | 240,000.00USD |
| Due date | 14 Jan | 14 Jan |
| Pay to | Northline Packaging | Atlas Trade Bank |
See what it costs your supplier.
Funders charge for the days they carry the invoice. The longer your terms, the more early payment is worth.
Example on a 240,000.00 invoice at 8.25% APR.
Bring your longest payment terms.
We will run it through Strike with you, live, and reply within one business day.