The TangoTrade Solution

TangoTrade provides a simple process for importers to obtain low cost financing and create a payment assurance request to suppliers around the world. For suppliers, payment is assured and will be transferred to their bank account upon shipment confirmation. The TangoTrade service can be integrated into a variety of partner platforms. See how

Available Buyer Financing

  • Buyers will be matched with leading lending partners to obtain a short term line of credit to finance the transaction
  • Funds will only be drawn down against a buyer’s line of credit when their shipment has been confirmed and funds are due to the supplier

Available Buyer Financing

  • Buyers will be matched with leading lending partners to obtain a short term line of credit to finance the transaction
  • Funds will only be drawn down against a buyer’s line of credit when their shipment has been confirmed and funds are due to the supplier

Simple Payment Request

  • Buyers can easily specify the transaction details to create a payment request
  • TangoTrade eliminates much of the complexity found in Letters of Credit, while including the important, relevant transaction terms

Supplier Confirmation Management

  • Suppliers have the opportunity to review and confirm (or decline) each payment request
  • If the terms are not as expected, the supplier can easily send the payment request back to the buyer for revision

Supplier Confirmation Management

  • Suppliers have the opportunity to review and confirm (or decline) each payment request
  • If the terms are not as expected, the supplier can easily send the payment request back to the buyer for revision

Automated Shipping Tracking

  • Once the supplier providers the shipment tracking data, the TangoTrade system will automatically track each shipment
  • Upon the transfer of the e-Bill of Lading or FCR (forwarder’s cargo receipt) to the buyer, funds will be released and transferred to the supplier

Quick Payment Transfer

  • Upon shipment confirmation according to the transaction terms, payment will be transferred directly to the supplier’s designated bank

Quick Payment Transfer

  • Upon shipment confirmation according to the transaction terms, payment will be transferred directly to the supplier’s designated bank