Non-cancellable protection against Bankruptcy and Failure to Pay (slow pay)
Monthly credit limits can be customized to allow for seasonality
Programs can have a future start date to allow for better forecasting
Claim payments as quickly as 30 days
No reporting requirements
Work In Progress protection for the cost of goods prior to shipment
What Sets Us Apart
Benefits to Suppliers, Buyers, and Financial Institutions
Offers suppliers an alternative when credit insurers or factors deem a buyer to be “high risk”
TCP allows suppliers to trade safely with buyers on open terms
Enables suppliers to increase sales
Suppliers can leverage Evolution's TCP to borrow against Accounts Receivable
Supplier
Goods
Buyer
Invoices
Buyer
Non-Cancellable Trade Credit Protection Contract
Supplier
Evolution Purchases Receivable Claim
A buyer agrees to purchase goods from a supplier. The supplier sends goods and invoices to the buyer.
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The supplier contracts with Evolution to protect receivables from Bankruptcy and Failure to Pay (slow pay).
Benefits to supplier and buyer:
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Payment for the supplier in case of default
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Ensures uninterrupted supply of goods for the buyer
In the event of a Bankruptcy or Failure to Pay, Evolution purchases the buyer's invoices at a predetermined rate.
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