Obtain credit to finance your international transactions
Our trade finance solution is designed to offer you optimal flexibility for financing your international goods and services, bridging the cash flow gap between purchasing your goods and their sale, with no hidden fees or initial costs.
Contact us4 simple steps to obtain your financing
1
Receive your supplier invoice
Your supplier sends you an invoice in foreign currency.
2
Send it to Devyzz
You send the invoice to Devyzz, which pays your supplier in the foreign currency.
3
Sale of your goods and services
You sell your goods or services and receive payments from your clients.
4
Repayment
You repay Devyzz up to 150 days later in your local currency.
Why choose our trade finance solution?
Pay your supplier earlier
Pay faster and negotiate discounts for better purchasing terms.
No security or guarantee required
Our solutions require no collateral, thereby preserving your existing credit lines with traditional banking partners.
Improve your Working Capital
Take advantage of longer payment terms to better manage your liquidity needs.
All-in-one solution
Pay your supplier in their local currency and repay in your domestic currency, avoiding currency fluctuation risks and reducing costs.
Frequently asked questions about our financing solution
Your company may be eligible for our financing solution if it meets certain criteria. It should generate an annual turnover of over 1 million euros, have tangible assets worth at least 100,000 euros, and demonstrate a healthy business history for at least two years.
At Devyzz, we do not take security over your goods or require collateral from you or your company. However, in rare cases, we may request a personal or inter-company guarantee to grant the financing.
We will need the following documents: your last two balance sheets, the monthly (or quarterly) management accounts for the past 12 months, and a list of overdue receivables and payables. Ongoing financial monitoring will also be required to continue using the credit line.
Once you have submitted all the necessary documents, the process can take up to two weeks. However, we always strive to expedite the procedure.
Interest is calculated on a 30-day basis and applied daily after a minimum period of 30 days. For example, if you borrow £100,000 at a rate of 1% for 30 days and repay after 150 days, you will repay £105,000. If you repay after 60 days, you will repay £102,000.