Ship Now, Pay Later | FreightAmigo and HSBC team up to bring you a First-ever Payment Service

(07 JUNE, Hong Kong) FreightAmigo, a one-stop international digital supply chain finance eMarketPlace, today announced a new and innovative approach with the receivables finance service “Ship Now, Pay Later” in cooperation with HSBC. Through HSBC’s B2B point-of-sale financing banking solution, FreightAmigo’s small and medium-sized enterprises (SMEs) and corporate clientele will have exclusive access to the digital logistics platform to opt for payment on extended terms at no additional cost, aiming to create a win-win situation for all players in international trade operating in FinTech and FreighTech.

New “Ship Now, Pay Later” services become the backbone of businesses and SMEs 

FreightAmigo’s “Ship Now, Pay Later” service is tailored to improve cash flow and extend liquidity to businesses that were previously difficult for them to obtain. By fully digitalizing the entire shipment booking and payment process, businesses can save time and achieve efficient outcomes in facilitation. Businesses and SMEs can alleviate their cash demands and bridge any outstanding cash flow gaps. Businesses will have the operational flexibility to settle upfront payments along the supply chain to shorten the product delivery cycle and capture new market opportunities.

Ivy Tse, Co-CEO and Co-Founder at FreightAmigo, says, “Our trailblazing, innovative “Ship Now, Pay Later” service will give businesses the flexibility and much-needed cash flow to run their operations more efficiently than ever before. It has been an honor and pleasure to collaborate with HSBC, bringing this game-changing solution to fruition. At FreightAmigo, we always strive to create new innovations that will move the logistics industry forward, reducing hurdles for businesses across the whole supply chain. We will continue to expand the depth and breadth of our digital platform, catering to clients in a vast array of industries from all corners of the world.”