Receivables Finance · Optional Post-Delivery Extension

Delivered goods? Your invoice may qualify.

After goods have been delivered and proof of delivery is available, Rhofin may separately purchase an eligible customer invoice. For repeat importers, proceeds from an earlier delivered invoice can provide liquidity for a later shipment. Each receivables purchase is separately approved and remains subject to any existing lender, factor or partner arrangements. Not every invoice qualifies. The conditions are set out below.

Check shipment fitSee inventory finance

Already working with a factoring company or ABL provider? Rhofin's factoring-partner structure is designed to preserve that receivables relationship. Start here instead.

A separate option after delivery.

Inventory finance funds eligible supplier balances and freight before cargo release. Separately, after goods have been delivered and proof of delivery is available, Rhofin may purchase an eligible customer invoice. For repeat importers, proceeds from an earlier delivered batch can also be used toward a later inventory-finance transaction.

Rhofin does not continuously finance the same goods from shipment through invoice payment.

Available only for an eligible receivable from an earlier delivered shipment. If the receivable is not eligible, the inventory-finance transaction is settled in cash. See Important information clause 10.

What You Get

Cash for earned invoices.

Early payment

Deliver. Get paid.

You have delivered and the invoice is earned. Rhofin can purchase an eligible invoice now, instead of you waiting out your buyer's payment terms.

Buyer credit risk

Buyer credit risk, subject to seller-risk exclusions.

Once Rhofin purchases an eligible receivable, Rhofin bears the agreed buyer credit risk where non-payment results solely from buyer insolvency or credit failure. You remain responsible for the seller-risk events set out in the purchase documents.

Less paperwork

Your shipment data does the work.

You submit the invoice and the proof of delivery. Rhofin checks the rest against the shipment record you already have.

Eligibility

Not every invoice qualifies.

An invoice fits when you can:

  • Show that the goods were delivered, and produce the proof of delivery
  • Confirm nobody is disputing the invoice, and that you have not sold, pledged or assigned it elsewhere
  • Name the buyer up front, so Rhofin can check them before it purchases the invoice
  • Allow Rhofin, where required, to notify your buyer of the purchase and to direct payment to Rhofin
  • Cover a shortfall that comes from a dispute, deduction, return or set-off, not from your buyer's inability to pay
  • Obtain any consent, release or subordination your existing bank, factor or asset-based lender requires

How It Works

Three steps to a receivables purchase.

01 · Submit

Submit your invoice

Once your goods are delivered and proof of delivery is issued, submit the invoice through Rhofin or your logistics provider's platform.

02 · Verify

We verify against the shipment

Your invoice is checked against the shipment record and against the eligibility conditions. Where that data does not reconcile, the invoice goes to a manual review.

03 · Get Paid

Purchase price paid or applied

If Rhofin approves the receivable for purchase, the agreed purchase price is paid to you or, where agreed, applied toward a separate inventory-finance transaction. Payment is targeted within days of an approved submission once onboarding is complete. Rhofin then collects the invoice from your buyer.

If you already use a factor

Rhofin does not need to replace it.

Subject to your factor's consent, Rhofin can pay eligible supplier balances and ocean freight at shipment and be repaid before cargo release, while your factor continues to finance eligible invoices after delivery under its existing credit policy and documents. For clients named as Protected Clients under a partner agreement between Rhofin and their factor, Rhofin does not purchase or solicit their receivables during the applicable protection period. See Important information clause 14.

Rhofin, shipment to cargo release
Your factor, delivery onward

Shipment to cargo release

Rhofin pays the eligible supplier balance and ocean freight at shipment, holds the negotiable to-order bill of lading, and is repaid before the cargo is released at destination.

Cleared and delivered

Cargo is released, the goods reach your buyer and proof of delivery is issued. That is when the receivable your factor finances comes into existence.

Invoice onward

Your existing facility continues to finance eligible invoices under its existing credit policy, advance rates and documents, subject to any required consent.

These are two separately approved transactions with two providers, not a single facility. Your factor is not required to finance the cargo or to guarantee Rhofin's repayment, and neither provider is obliged to fund any transaction. Rhofin's standard collateral consists of the specific financed cargo and its identifiable proceeds. Rhofin does not ordinarily take a blanket lien over unrelated business assets. The financing is full recourse, and any additional credit support is disclosed before signing. Duties, taxes, demurrage, detention and storage remain your responsibility, and a customs hold does not suspend the obligation to repay.

Rhofin receivables finance is a separate purchase of an eligible delivered invoice. It is not the Takeout Confirmation described on the factoring-partner page, which is a pre-release payment your factor may choose to make under its own financing documents.

See how Rhofin works with factoring companiesContact us about your factor

Share rhofin.com/factoring with your factor, or contact us and we will approach them with you.

Across successive shipments.

Inventory finance covers eligible supplier balances and freight before cargo release. Separately, receivables finance is an outright purchase of an eligible invoice after delivery. For repeat importers, an earlier delivered invoice can generate liquidity that supports a later import shipment. Each transaction is separately approved.

Check shipment fitSee inventory finance

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, receivables are purchased by the purchaser identified in the applicable Master Receivables Purchase Agreement and purchase confirmation, which may be Rhofin, Inc. Rhofin, Inc. is a nonbank commercial finance company and is not a bank. Rhofin does not accept deposits. Rhofin, Inc. may also provide the technology platform and act as servicer, administrator, collection agent or purchaser, as specified in those documents. Receivables purchases are offered only where permitted by applicable law. Rhofin purchases from US incorporated businesses only. Availability varies by state. Receivables finance requires the underlying shipment to have moved through a participating logistics provider.
  5. 5. Figures are examples. Figures shown are illustrative examples, not quotations. Your purchase price, any discount, total cost and any annualised cost disclosure required by applicable law are set at approval and disclosed to you in full before you commit.
  6. 6. Pricing. Each receivable is bought at a price. The purchase price, the discount, any reserve or deferred purchase-price amount, and any annualised cost disclosure required by applicable law are quoted to you per receivable before you commit. There are no origination, arrangement, documentation, wire, platform or monthly fees. Pricing may vary by state where required by applicable law.
  7. 7. What the transaction is. Rhofin purchases an eligible account receivable arising from goods you have already delivered, under a Master Receivables Purchase Agreement. For each receivable Rhofin accepts, Rhofin pays the agreed purchase price and acquires your right, title and interest in that receivable and the related collections. The transaction is an outright sale of the receivable, not a loan or an assignment by way of security. The buyer's credit risk sits with Rhofin where non-payment results solely from the buyer's insolvency or credit failure. You remain responsible for the seller-risk events and exclusions specified in the Master Receivables Purchase Agreement, including any dispute, dilution, deduction, set off, return, credit note, non delivery, fraud, breach of representation or warranty, or prior assignment or encumbrance. The buyer may be notified of the purchase and directed to pay Rhofin. The purchase price, any reserve or deferred purchase-price amount, the discount and any required cost disclosures are confirmed before you agree to the purchase.
  8. 8. What is not purchased. Rhofin purchases the eligible receivable only. Duties, taxes and other government charges, freight, demurrage, detention and storage are not part of the purchase and remain your responsibility, as they would be without financing. Deductions, credit notes, rebates, returns, set off and dilution reduce what is collected on the receivable and remain your responsibility.
  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 bank, factor or ABL facility. Rhofin is designed to sit alongside an existing bank, factoring or asset-based facility. Your existing financing arrangements may restrict the sale or assignment of your receivables, and an existing security interest may prevent Rhofin from purchasing a receivable without your lender's consent, release or subordination. You must confirm that the proposed sale is permitted and that Rhofin will acquire the receivable free of competing claims. Whether the sale is permitted under your own facility documents is for you and your lender to confirm. Where you are named as a Protected Client under a partner agreement between Rhofin and your factoring company, Rhofin's ability to offer or purchase your receivables is further limited as described in clause 14.
  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 partner arrangements. Rhofin enters into partner agreements with factoring companies. Where you are named as a Protected Client under such an agreement, Rhofin does not purchase or solicit your receivables, redirect the relationship or notify your buyers during the protection period. The undertaking ends with your factor's written consent, termination of your factor's facility, expiry of the protection period, or a change you initiate that is addressed under the agreement. A single declined invoice is not a release. Your factor makes its own independent credit decisions and Rhofin separately approves each transaction; neither is obliged to finance any transaction. Unless expressly agreed in definitive documentation, factoring proceeds do not extend the maturity of, or alter the release conditions applicable to, a Rhofin inventory-finance transaction. Scope, term and exceptions are governed by the partner agreement between Rhofin and your factor, not by this website. Details for factoring companies are at rhofin.com/factoring.

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

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