Instant payment terms and flexible trade accounts for the freight and logistics sector

80% of businesses say that payment terms are critical for the survival of their business. Whether you specialise in last-mile delivery, international freight or third party logistics, Hokodo can help you deliver the seamless trade credit that buyers demand.

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Animated GIF demonstrating checkout process for payment terms. Shows order review, selecting payment options, confirming order, processing checkout, and thank you message.

81% of B2B buyers want to open a trade account with their main shipping and logistics providers

Deliver the payment experience that B2B buyers demand to drive loyalty, speed up onboarding and grow your business

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How we help freight forwarders

Access more working capital

Paying the carrier before you’ve received payment from the shipper can put strain on your working capital. Hokodo pays you up front, so you can offer terms without tying up your cash reserves.

Accounting for extra charges

Things can change between the time of booking and fulfilment of a shipment, creating uncertainty for your working capital. We offer credit for any extra fees or unexpected charges, to ease the pressure on your working capital.

Modernise payments

Modern businesses provide digital interfaces for booking and managing shipments, however their payment flows are often offline and manual. Hokodo’s logistics payment solutions align with your digital first approach to support a frictionless online payment journey.

Reduce onboarding time

Assessing creditworthiness is one of the biggest blockers faced by growing forwarders who want to onboard new shippers quickly and minimise the time to first booking. Hokodo handles all credit checks and assumes risk, so you can get shippers onboarded faster.

Interface of Hokodo’s ROI Calculator showing an example ROI of digital trade credit.

Discover the ROI of a Digital Trade Credit Solution

Hokodo delivers measurable results to some of the world's most innovative B2B companies, helping them to increase revenue and save costs. Use our ROI calculator to work out how much you stand to gain by adopting a Digital Trade Credit solution.

calculate roi

How it works

step 1

A customer registers for a trade account. Hokodo runs credit and fraud checks in less than a second to instantly return tailored credit limits and payment plans.

Online checkout interface with a 'Find your company' dropdown menu displaying a list of businesses for the customer to choose from.

step 2

The customer visits your platform and books all the transportation they require as normal throughout an agreed billing period (usually a month).

step 3

The time between order and shipment can range from days to months. Flexible credit is offered by Hokodo for any changes in shipping costs that occur in this time.

step 4

You fulfil the service and issue your invoice. Then, we pay you up front. The customer’s terms begin.

Table showing a B2B merchant the settlement status of their recent orders.

step 5

We prepare a statement of account consolidating all the purchases made during the billing period. Payment for all orders is due in one lump sum on an agreed date, usually 30 days after the billing period has closed.

Table displaying orders to be settled by a B2B buyer.

"We had previously tried to offer payment terms on our own, but since the process was so manual, lengthy and complex, instant credit decisions at the point of purchase were out of the question. Being able to give buyers the immediate decision and seamless experience they expect is a game changer for Achatmat.”

Frédéric Guillotin

CEO of Achatmat

"Hokodo is a massive part of our proposition in being able to ensure suppliers receive payments on time and build trust on the platform. YardLink is on a big growth trajectory and we see Hokodo as not just ready for us right now, but that it will continue to work for us as we move forward.”

Hollie Russell

Marketing Director at Yardlink

Handmade pottery bowls of various colours

"A great User Experience and great payment terms and flexibility are the two main benefits our customers are looking for, and thanks to Hokodo we are able to offer them that…They have helped us to grow a base of extremely loyal customers all across Europe thanks to payment terms."

Pierre-Luc Joffre

CFO at Ankorstore

Ready to learn more?

Two thirds of business buyers will abandon an order if they aren’t offered payment terms. Book a call to learn how Hokodo can keep your customers converting.