SUPPLY CHAIN FINANCE FOR QIMTEK MEMBERS OF ALL SIZES.
URICA empowers Qimtek members, their customers and suppliers, to pay and get paid on the terms they want, releasing cash into the supply chain with zero debt and zero risk.
- 100 % cash upfront on your sales within 24 hours less a small fee, which you can calculate
- Global coverage in 50 countries
- Negotiate better terms with your suppliers
How it works:
Credit allocation
URICA focuses 100% on the financial strength of a supplier's customer in any transaction. To get going we confidentially and quickly evaluate the customer and allocate their supplier credit. Crucially, this means that the size or financial strength of the supplier is not of any importance to us.
Supplier issues invoice electronically
The supplier then issues an invoice to their customer electronically via an email from the URICA platform. All the supplier’s customer needs to do now is to check if the invoice is in order and approve it through a secure link in the email.
URICA then buys invoice for cash
At that point URICA will buy the invoice, less a small discount, and pay the supplier without recourse. This means a supplier can receive outright cash as soon as the day after an invoice is raised. We never require personal guarantees or security.
