Finance supplier balances after shipment.
Set up once, then use Rhofin shipment by shipment. You pay any upfront amount required under your supplier terms. Once your logistics provider controls the cargo and the B/L is issued, the eligible supplier balance is paid directly to your supplier. You settle before release.
How it works
Two steps per shipment.
Onboarding is a one-time step that takes a few minutes, with an initial capacity set on your shipping history, subject to review. After that, every financed shipment looks the same.
Shipment confirmed, supplier paid
You pay your usual deposit. Once your logistics provider takes control of the cargo and the bill of lading is issued, your supplier receives the balance directly. If the cargo doesn't ship, nothing is paid.
Settle before release
Pay in cash, or settle with a delivered invoice from a previous shipment to an approved US-listed buyer. Either way, your cargo releases and keeps moving.
The invoice you assign is from an earlier, already-delivered batch, not the cargo you're releasing now.
Capabilities are subject to eligibility, credit approval and review.
Best for importers who:
- ✓ Have repeat US-bound shipments
- ✓ Pay supplier balances before cargo is landed or released
- ✓ Can settle before release, but prefer not to pay weeks earlier
- ✓ Use, or can use, a participating logistics provider
- ✓ Want shipment-by-shipment financing rather than a new standing line
- ✓ Want to preserve cash for the next PO, duties, freight, payroll or customer commitments
Your Bank Relationship
Short-term. Shipment-specific.
Rhofin is designed for the period before cargo release, while the financed goods are still under logistics-provider control. The financing is tied to specific eligible cargo and is reviewed against your existing facility structure during onboarding. Your bank line is designed to sit alongside it.
Bank-aware by design
Rhofin reviews your existing facility structure during onboarding and can provide shipment-level documentation where required.
We finance the shipment only.
The security is the cargo we fund. Your inventory, receivables and other assets stay where they are, with your bank.
Ends within one shipping cycle.
Financing runs for the length of the voyage and ends when you take the goods. Nothing revolving, nothing lingering on your books.
Common Questions
Common importer questions.
Will this conflict with my existing bank line?
Typically not. During the financing window the goods are with your logistics provider, not in your warehouse. Rhofin is limited, short-term and shipment-specific; we review your existing facility structure during onboarding and can provide shipment-level documentation where required. Your lender is notified about the specific goods financed. Final treatment depends on your facility documents.
Do I have to finance every shipment?
No. You choose shipment by shipment. Finance the ones that need funding, pay the rest from cash.
What determines eligibility?
Your shipping history with your logistics provider, the trade lane, and the cargo itself. We confirm eligibility during onboarding, before you commit to anything.
Who is the importer of record? Who pays duties?
You are, and you do. Rhofin is a financing platform, not a trader. Customs, duties and title to your goods stay with you.
Does Rhofin finance the full order-to-cash cycle?
Not on a single shipment from release through POD. Inventory finance is designed for the pre-release window and ends before cargo release. Separately, eligible receivables may qualify for financing after proof of delivery. For repeat importers with multiple eligible batches, the two products can create a rolling liquidity effect across shipments.
Can I use receivables from one batch to support another?
Potentially. For repeat importers, eligible receivables from delivered batches may create liquidity that helps fund upcoming or in-transit batches, subject to eligibility, verification and approval.
Does Rhofin finance the gap between cargo release and POD?
Not currently through inventory finance. That period can involve different credit risk because the cargo is no longer under pre-release logistics control.
Is Rhofin financing always a fixed percentage of the order?
No. Supplier payment terms vary. Rhofin finances eligible supplier balances based on the shipment, supplier terms, logistics verification and credit approval.
Fund your next shipment.
Importer, distributor or brand looking to free your working capital, or logistics provider ready to offer embedded financing? We'll be in touch within 24 hours.
Currently onboarding founding customers for the founding pilot. Financing is subject to eligibility, credit approval and applicable regulatory requirements. Rhofin is not a bank.