A digital trade credit solution, built for the freight & logistics industry

Worth over €5.7 trillion, freight is the backbone of world trade and spans sea, road, air & rail. Fast and flexible payments are critical to ensure the smooth running of these global supply chains.
Given the competitive nature of the freight market, payment terms are a differentiating factor between forwarders. In short, forwarders need to extend credit terms in order to win new business and grow their revenues. However, the existing credit solutions available to forwarders are offline and outdated.
From rising freight rates, lower capacity and people management, to ensuring other companies’ goods stay safe, we understand the many challenges faced by shipping and distribution businesses.
Recent digitisation and tech-savvy competitors in the shipping industry means it’s more important than ever to enable your customers to access the flexible payment terms they desire regardless of the mode of transport. With Hokodo, you can.
When you offer better payment terms on freight spend, you onboard shippers faster 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
Many modern forwarders provide digital interfaces for booking and managing freight, however their payment flows are offline and manual. Hokodo’s trade credit solution aligns 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.
How it works
Want to find out more about how Hokodo can help you to free up working capital and grow your business?
Bring your forwarding business into the 21st century with a trade credit solution built for online freight transactions.