TradeRocket and The Interface Financial Group (IFG) formed a partnership to provide a digital supply chain finance solution for the global mid-market.
IFG and TradeRocket will work together to provide mid-market buyers and sellers access to an innovative supply chain finance marketplace which will allow buyers the opportunity to earn rebates while offering early payment options to their suppliers.
“We are excited to enter into the partnership with TradeRocket, and looking forward to bringing our proprietary digital supply chain finance solution to the TradeRocket’s global mid-market buyers and suppliers,” said George Shapiro, CEO of The Interface Financial Group.
TradeRocket’s and IFG’s Digital Supply Chain Finance program allows:
- Fast and easy integration to a buyers accounting or ERP platform
- Attractive rebates to buyers
- Full function supplier information management
- Fully automated suppliers’ sign-up process
- Digital early payment options for suppliers
- Increased transparency and improved communication between buyers and suppliers
“Partnering with TradeRocket allows funders to access markets where their capital is in greatest demand,” said Jim Eckstein, CEO, TradeRocket. “Funders continue to tell us that we have the most intuitive and flexible platform for creating these dynamic marketplaces for working capital funding deployment, and our partnership with a global market leader like IFG is further evidence that their belief in our capabilities is well founded.”
IFG is one of North America’s largest alternative funding sources for SME’s, providing all types of digital invoice finance and digital supply chain finance through its marketplace platform. TradeRocket is a B2B marketplace that offers buyers and sellers of goods and services maximum increased flexibility in working capital and treasury management.