For factoring and ABL partners

We fund before the receivable exists. You can take us out before release.

Rhofin finances an eligible importer's supplier balance and freight while the cargo is in transit. Before release, you may choose to take Rhofin out under your existing factoring or ABL relationship. Under the standard Track A structure, Rhofin maintains documentary and release control until the full payoff is received.

Review the partner structureTalk to us

No obligation to issue a Takeout Confirmation. Each client and transaction remains subject to approval and definitive documentation.

The gap

Your client needs cash before there is a receivable to finance.

Supplier balance is due

Overseas suppliers often require the remaining balance when goods ship.

The receivable does not exist yet

The goods are still in transit, so there is no delivered invoice for your facility to finance.

The client relationship is at risk

Without another source of working capital, the importer may reduce the order or move to a provider that finances both stages.

Rhofin finances that pre-receivable window without taking over your client's receivables relationship.

How it works

Rhofin funds the shipment. You decide whether to take us out.

1 · Shipment

Supplier paid

Rhofin pays the approved supplier balance and advances eligible freight after shipment and cargo control are confirmed.

2 · Transit

Rhofin maintains cargo-release control

Rhofin maintains its security, bill-of-lading and bailee release-control position while the goods are in transit.

3 · Arrival

You decide

You may issue a shipment-specific Takeout Confirmation. You are under no obligation to do so.

4 · Payoff

Rhofin is paid before release

If you confirm, the Takeout Amount is paid directly to Rhofin. The importer pays any remaining shortfall.

5 · Release

Cargo released

Rhofin issues the release instruction only after the full Payoff Amount has been received in immediately available funds.

After delivery, the resulting receivable remains subject to your normal factoring or ABL process, documents and eligibility rules. You are not required to purchase or advance against it.

Standard structure · Track A

Pre-release takeout. Rhofin receives full payoff before cargo release.

Separately approved exception · Track B

A separate controlled release-on-trust structure may be made available for selected clients and shipments, subject to additional eligibility, collateral and operating controls.

Standard Track A: no cleared payoff. No cargo release.

Under the standard Track A structure, Rhofin does not release on trust and no trust receipt is taken. If the Takeout Amount is below the Payoff Amount, the importer must fund the difference before release.

What this means for your facility

Your receivables relationship stays yours.

Your decision

You decide whether to issue a Takeout Confirmation for a particular shipment.

Your documents

Any Takeout Amount is made as an advance, overadvance or other accommodation permitted under your own factoring or ABL documents.

Your receivables

Delivered receivables remain subject to your normal eligibility, advance rates, reserves, servicing and credit decisions.

Your client

Named Protected Clients remain within your receivables relationship, subject to the agreed exceptions in the partner agreement.

You do not guarantee Rhofin's advance. You assume no payment obligation to Rhofin unless you voluntarily issue a shipment-specific Takeout Confirmation.

The Takeout Confirmation

Optional before it is issued. Binding once it is.

A factor is never required to issue a Takeout Confirmation. If it chooses to issue one, the confirmation is shipment-specific and subject only to the objective conditions stated in it. Once those conditions are satisfied, the confirmed Takeout Amount is paid directly to Rhofin before cargo release.

Channel protection

You keep the receivables relationship.

Clients introduced by a factoring partner may be designated as Protected Clients under the partner agreement. During the Protection Period, Rhofin does not compete for that client's receivables relationship, subject to the defined exceptions in the agreement.

Rhofin can also refer Protected Clients needing post-delivery financing back to its factoring partners. Rhofin offers receivables finance separately, described at rhofin.com/receivables, but does not market or offer that product to a Protected Client during the applicable Protection Period except as expressly permitted under the partner agreement.

The pilot

Start with two or three named clients.

1

Review the structure.

Review the Master Intercreditor and Payoff Agreement, Client Joinder and operating process before identifying clients.

2

Confirm document fit.

We conform the structure to your factoring or ABL agreement, including authority for any pre-invoice advance or overadvance and any required funding-party consents.

3

Run a limited pilot.

Start with two or three agreed clients and review the results before expanding.

No system integration is required for an initial pilot. Rhofin operates in limited release and accepts a limited number of qualifying US businesses and transactions; availability depends on funding capacity, transaction eligibility and applicable state requirements.

Common questions

What factors ask first.

Do we have to take Rhofin out?
No. You are under no obligation to issue a Takeout Confirmation for any shipment.
What happens if we do issue one?
Subject only to the objective conditions stated in the Takeout Confirmation, the confirmed Takeout Amount becomes payable directly to Rhofin. Once issued, the confirmation cannot be re-underwritten for eligibility, availability, reserves or credit.
Is cargo released before Rhofin is paid?
Not under the standard Track A structure. Rhofin issues the release instruction only after the full Payoff Amount has been received in immediately available funds.
What if our Takeout Amount is less than the Rhofin payoff?
The importer must pay the difference before cargo release. There is no partial-pay release under Track A.
Do we have to purchase the resulting invoice?
No. The resulting receivable remains subject to your normal documents, eligibility rules and credit decisions.
What changes in our existing factoring agreement?
The structure is conformed to your existing documents, including permitted liens and indebtedness, authority for any pre-invoice advance or overadvance, client debit authority and any required funding-counterparty consents.

Talk to us

Request the partner pack.

We can share the Draft 2.3 partner documents before you identify any clients. No client information is required at this stage.

Key terms

Rhofin lends to the importer, secured on one shipment. You are not a lender, guarantor or adviser in respect of Rhofin's financing. These terms apply every time.

Your role.
You do not fund Rhofin's advance, guarantee its repayment or act as adviser in respect of Rhofin's financing. Your only payment obligation to Rhofin arises if you voluntarily issue a shipment-specific Takeout Confirmation. Clause 14
Takeout Confirmation.
No obligation to issue one. Binding once issued, subject only to the objective conditions stated in it. Clause 14
Client permission.
Obtain the importer's prior written consent before sharing its information with Rhofin. Clause 14
Referrals.
The standard structure is reciprocal and no-fee. Any alternative compensation arrangement is separately documented and subject to applicable requirements. Clause 14

Each term links to its clause in Important information, the full terms.

The full terms

Important information

14 clauses. Version 2026-08-12.1, effective 12 August 2026.

  1. 1. Who we are. Rhofin Inc. is a nonbank commercial finance company, not a bank. Rhofin does not accept deposits or hold customer funds.
  2. 2. Business use only. All financing described is commercial financing extended to business entities for business purposes. It is not available for personal, family or household purposes, and is not available to sole proprietorships, general partnerships or individuals.
  3. 3. Nothing here is an offer. Nothing on this website is an offer or commitment to extend financing or to purchase a receivable. Submitting the form is a preliminary enquiry, not an application, and no credit check is run at that stage. Any transaction is subject to eligibility, verification, credit approval, required disclosures, definitive documentation and applicable law. Those documents govern. Nothing on this website varies them.
  4. 4. Who provides the financing. During Rhofin's current limited-release phase, inventory financing may be provided directly by Rhofin, Inc. from its own balance sheet. Rhofin, Inc. is a nonbank commercial finance company and is not a bank. Rhofin does not accept deposits. The legal lender applicable to each transaction is identified in the definitive financing documents. Rhofin, Inc. may also provide the technology platform and act as servicer, administrator, agent or collateral agent, as specified in those documents. Financing is offered only where permitted by applicable law. Rhofin finances US incorporated businesses only. Availability varies by state. Financing requires the shipment to move through a participating logistics provider.
  5. 5. Figures are examples. Figures shown are illustrative examples, not quotations. Your amount financed, annual percentage rate, total cost and repayment date are set at approval and disclosed to you in full before you commit.
  6. 6. Pricing. Financing is priced per transaction. Rates start at 1.45% per 30 days on the supplier balance advance, and your rate depends on your credit profile, the shipment, the route, the supplier and the jurisdiction. Your amount financed, annual percentage rate, total financing cost and repayment date are set at approval and disclosed to you in full before you commit. There are no origination, arrangement, documentation, wire, platform or monthly fees. Eligible ocean freight is advanced at no financing charge and repaid at face value. A default margin applies to amounts unpaid from the sixth day after the maturity date, at the rate stated in your documents before you sign. Pricing may vary by state where required by applicable law.
  7. 7. What the financing is. Rhofin extends a secured commercial loan against a specific shipment. Rhofin holds the bill of lading and takes a purchase money security interest in the specific financed goods and their identifiable proceeds, as described in the definitive transaction documents and applicable UCC filings. Rhofin holds a negotiable to-order bill of lading with telex and express release disabled. The cargo is released only against Rhofin's release instruction, under a procedure agreed in advance with the responsible logistics provider. The financing is full recourse, so if realising the cargo does not cover the amount owed you remain liable for the shortfall. If an amount stays unpaid Rhofin may sell the financed cargo, and has committed to use commercially reasonable efforts to complete a disposition within 90 days after maturity, subject to the exceptions in your documents, including legal process, customs or regulatory holds, casualty, general average, salvage, the absence of a commercially reasonable market, and your own acts or omissions. Repayment falls due on arrival of the cargo at the destination CFS, or on availability for collection where the shipment moves as a full container load, or on the earlier date on which the goods are sold or released to you. If you sell the goods you must prepay from the proceeds. Where cargo is released to you before payment, you hold the goods and their sale proceeds in trust for Rhofin, must keep the proceeds identifiable, and may be required to route them through an account Rhofin designates. Where your documents do not require cargo insurance, you bear the risk of loss, damage or destruction from any cause, and no such event reduces or suspends what you owe. Any additional credit support is set per facility and stated in your documents before signing.
  8. 8. What is not financed. Duties, taxes and other government charges, demurrage, detention and storage are not financed and remain your responsibility, as they would be without financing. Where Rhofin pays a logistics charge to obtain release of your cargo, that amount is added to what you owe and bears interest at the rate applicable to advances. A customs detention, seizure or withhold release order does not suspend your obligation to repay.
  9. 9. Out of scope. Commodities, seasonal goods and fungible bulk, goods not identifiable by container and lot marks, perishables, hazmat, pharma, alcohol, tobacco, weapons, sanctioned or high UFLPA risk supply chains, overland cargo from Canada or Mexico, businesses in serious financial distress, and importers shipping fewer than about four times a year. Approved lanes and approved suppliers only.
  10. 10. Using an earlier receivable for a later shipment. With Rhofin's prior written approval for each receivable, Rhofin may purchase an eligible receivable arising from an earlier delivered batch under the Master Receivables Purchase Agreement. A receivable is eligible only if it arises from completed delivery supported by proof of delivery, is undisputed, legally enforceable and free from set-off or deduction, has not previously been sold, assigned or encumbered, and is owed by a buyer approved by Rhofin within the applicable ageing and concentration limits. The purchase price may be paid to you or applied toward the amount due under a separate inventory-finance transaction. To the extent the purchase price is applied to the inventory-finance transaction, that amount is treated as paid when the receivable purchase is completed and is not conditional on Rhofin later collecting from the buyer. Rhofin may notify the buyer of the purchase and direct the buyer to pay Rhofin. If Rhofin does not accept the receivable for purchase, the inventory-finance transaction must be settled in cash. Following a purchase, you remain responsible only for the seller-risk events and exclusions set out in the Master Receivables Purchase Agreement. Rhofin does not continuously finance the same goods between cargo release and proof of delivery. This clause does not apply where you are named as a Protected Client under a partner agreement between Rhofin and your factoring company. In that case Rhofin does not purchase your receivables during the applicable protection period, and an inventory-finance transaction is settled in cash, which you may fund from availability under your factoring facility at your request and with your factor's approval.
  11. 11. Your existing lenders. Rhofin is designed to sit alongside an existing bank facility. Where another lender holds a security interest in your inventory, funding is conditional on a lien search showing no competing interest, or on a subordination, release or estoppel acceptable to Rhofin. You must identify that lender so Rhofin can send the UCC notice the law requires before you take possession of the goods. Most bank facilities also restrict additional indebtedness and additional liens. Whether Rhofin financing is permitted under your own facility documents is for you and your lender to confirm.
  12. 12. Law and forum. Your transaction documents are governed by New York law. The state and federal courts in Manhattan have jurisdiction. You and Rhofin waive trial by jury. Payments are made in full without set-off or counterclaim.
  13. 13. No advice. Nothing on this website is legal, tax, accounting or financial advice.
  14. 14. Factoring partners and introductions. Factoring and asset-based lending partners are not lenders, arrangers, guarantors or sureties in respect of any Rhofin financing, do not guarantee repayment and do not act as the importer's adviser. A partner is never obliged to issue a Takeout Confirmation, to purchase any receivable or to advance any amount. A partner takes a payment obligation only under a shipment-specific Takeout Confirmation it voluntarily issues under the definitive partner documents, and that confirmation is binding subject only to the objective conditions stated in it. Introductions require the importer's prior written consent to the disclosure of its information to Rhofin, and partners must not send client information without it. Referrals in either direction are made without fee, commission or other consideration. Any alternative compensation arrangement requires a separate written agreement and confirmation against applicable regulatory requirements.

End of Important information, version 2026-08-12.1, effective 12 August 2026.

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This is a preliminary enquiry and not an application. It creates no offer or commitment. See Important information clause 3.

The information on this page describes a potential commercial structure only and does not constitute an offer or commitment by Rhofin or any factoring partner to provide financing, purchase receivables or issue a Takeout Confirmation. Each transaction is subject to eligibility, credit approval, applicable law and definitive documentation. A Takeout Confirmation, if issued, is governed exclusively by the applicable definitive agreements.