HSBC, FreightAmigo launch Ship Now, Pay Later in Hong Kong

Users will be able to utilise the digital logistics platform and choose extended payment terms.

FreightAmigo, a digital supply chain finance eMarketplace, has partnered with HSBC to introduce a groundbreaking receivables finance solution called "Ship Now, Pay Later”.

HSBC's B2B point-of-sale financing banking solution will enable FreightAmigo's SMEs and corporate clients to utilise the digital logistics platform and choose extended payment terms without any extra charges.

This offering, available from early June this year, aims to benefit participants in international trade, particularly those in FinTech and FreightTech sectors, creating a mutually beneficial outcome for all involved.

The service is designed to enhance cash flow and provide liquidity to businesses that have faced challenges in obtaining them in the past, said FreightAmigo.

ALSO READ: HSBC unveils new measures to support Hong Kong, mainland startups

Through complete digitization of the shipment booking and payment process, businesses can save time and achieve efficient outcomes.

This service allows businesses, including SMEs, to address cash flow gaps and meet their financial demands. Additionally, it offers operational flexibility by enabling upfront payments throughout the supply chain, leading to shorter product delivery cycles and the ability to seize new market opportunities.

Follow the link for more news on

HSBC

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit