About the program
The Covid-19 trade recovery program was developed to ensure the liquidity of international trade. With this $500m program importers in the US, EU and beyond can help their suppliers.
Importers can go back to pre-Covid-19 payment terms while suppliers are paid at shipment. So liquidity is no longer locked in inventory or transport and suppliers get their money fast.
Advantages for importers
With the Covid-19 trade recovery program importers can get back to the trading terms they prefer:
unlock the liquidity now trapped in deposits and up-front payments
return to open account payment terms without burdening suppliers
help suppliers restart production quickly and regain their former strength and flexibility
How it works:
Apply easily via phone call or e-mail to Stenn
Set up your individual trade recovery limit
Connect your suppliers to the program with Stenn’s fully digital platform
Start financing the suppliers´ invoices with the attractive terms of the Covid-19 trade recovery program fast and easy (in general within 48 hours)
Who is Stenn?
A UK-based data and financial technology company providing flexible financing to companies engaged in cross-border trade.
$ 1.7 billion
invoices financed within the last 3 years
178 countries
covered by Stenn´s trade finance programs
