Accelerate growth with hassle-free trade accounts

Frequent buyers use trade accounts to make several purchases during the month and then pay for everything at once on an agreed date. Why not make it easier for everyone?

You want to drive loyalty and boost purchase frequency. Your buyers just want the simplest way to pay.

Instant, flexible and available even on a buyer’s first purchase. One statement of account, one consolidated invoice and one payment to rule them all!

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40
%
increase in conversion rate
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30
%
increase in average order value
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24
%
more purchases per month

“I want a credit trade account!”
“My business needs consolidated invoices!”

Payment terms are no longer simply a ‘nice to have’. Empower your buyers to quickly pay for all their invoices at once and they’ll come back again and again (and again).

How it works

step 1
A buyer visits your platform and places orders or bookings as normal throughout the month.
step 2
Hokodo runs credit and fraud checks on the buyer in under 1 second.
step 3
At the checkout, the buyer chooses to pay with their trade account.
step 4
You get paid upfront and in full. We manage risk and collect payments at the agreed intervals.
step 5
We prepare a consolidated statement of account recapping all the purchases made during the billing period. Payment for all orders is due in one lump sum at the end of the billing period.

We take care of everything...

So you can focus on product development, customer acquisition or whatever else matters the most to your business.
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Credit scoring

Give your buyers the credit they deserve thanks to cutting-edge underwriting
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Fraud detection

Sophisticated automations and expert fraud analysts keep you safe.
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Risk Protection

Keep your money, even if a buyer fails to pay, thanks to backing from Lloyd’s of London.
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Financing

Your buyers get to pay later, while you get paid upfront and in full. Everyone wins!
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Payment processing

Relevant settlement methods (bank transfer, direct debit, card…) maximise conversion and empower buyers to pay on their terms.
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Collections

Handled with care and professionalism to preserve your commercial relationships.

Want to learn more?

Discover how trade accounts with Hokodo can help accelerate growth of your business.

Get started

Are you ready to join the instant trade credit revolution? Book a call with an expert today.

Frequently Asked Questions

What is a trade account?
How do trade account payment terms work?
What are the fees?
How long does it take to get set up?
What’s the ROI of payment terms?
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