Updated: Jul 21
Launching a unique risk assessment framework that establishes a new standard for logistics-based pre-shipment risk mitigation in the trade finance industry.
After several years of expertise in logistics and trade finance, we have launched a new service category that aims to mitigate risk in trade finance transactions. This innovative service is designed for factoring companies and Purchase Order (PO) Financiers, who traditionally do not work directly with logistics providers.
The traditional approach involves the logistic provider acting as the fiduciary of the shipper, which poses a significant risk for factoring and PO financier companies as they lack visibility and control over the goods being financed. However, Tech Cargo is pioneering a new approach by working closely with factoring companies as its clients to mitigate risk.
"Our collaborative approach with factoring companies is a game-changer in the trade finance industry" - Alberto Campo, CEO of Tech Cargo.
Our unique risk assessment framework is designed to provide greater visibility and control over the goods being financed. By combining logistics and trade finance expertise, we are able to establish a new standard for logistics-based pre-shipment risk mitigation in the trade finance industry, enabling our clients to make better-informed decisions and reduce their exposure to risk.
"We believe that by working closely with our clients and providing them with greater visibility and control over the goods being financed, we can mitigate risk and improve the overall efficiency of trade finance transactions." - Alberto Campo.