We buy the merchandise you need to produce. When you get paid, you pay us back.
Rates
Between 2% and 8% of the amount (depending on amount and term)
How does it work?
- Register on the Redfox Finance platform
- Select "Finance a purchase order".
- Submit your customer's order form and answer 5 questions
- 72 hours later, Redfox Finance will get back to you with the financing terms.
Benefits?
- 100% of financed purchases
- Response within 72 hours
- No deposit or guarantee
- No commitment on duration or amount
Who is RedFox Finance?
RedFox Finance is the first purchase order financing platform that will buy the merchandise you need. Since 2017, the company has been helping companies, and SMEs in particular, to solve their cash flow problems by financing 100% of their purchases. With no commitment, no personal guarantees and clear pricing, RedFox offers a simple, unique and transparent on-demand service.
In what situation might you need it?
When your customers place orders with you, you have to buy raw materials from your suppliers. And if you're a small or medium-sized business, advancing cash can be complicated. With RedFox Finance, you don't have to worry about your cash flow.
Late payment is a real problem, affecting both large and small companies. It's a constant preoccupation for business leaders, because longer payment terms can take a heavy toll on a company's cash flow, and if they don't receive their payment on time, the means of collecting these sums quickly become a problem.
The consequences of these delays can sometimes be problematic, especially for start-up companies in need of cash flow. Cash flow problems account for 20% of business failures. In most cases, when a customer places an order, it is difficult to advance money to buy raw materials.
Unfortunately, this leads to a cascade effect, with companies unable to pay their employees and suppliers.
Banks don't offer credit for small businesses. Factoring may enable a company to get paid faster, but it doesn't allow it to buy the goods it needs from its supplier. This is why Anytime has chosen to highlight Redox.
How does it work?
This is where RedFox Finance comes in. This fintech provides 100% financing for the purchase of goods on behalf of companies.
The majority of SMEs need to be supported in their growth and are looking for answers to their cash flow needs. Anytime is not a credit institution, and cannot offer bank overdrafts or financing. The partnership with RedFox Finance offers Anytime's customers a formidable alternative, and enables SMEs to avoid cash flow problems.
How can I finance my purchase order with RedFox Finance?
Log in to your Anytime customer area and upload your customer's purchase order and your supplier's invoice to the platform. Fill in a short 5-question form. In less than 72 hours, you'll receive an answer as to the eligibility of your application, without ever having to deposit a guarantee.
If this is agreed, RedFox Finance buys the goods from your supplier and grants you a payment period (charged at between 2% and 8% of the amount, depending on the amount and duration).
