Qimtek

URICA Supply Chain Funding

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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.

News

URICA Webinar: Payment Methods for Imports & Exports

09 Oct 2017 by URICA Supply Chain Funding
URICA Webinar

Webinar Summary

Working on an international scale with clients from around the world can be a challenge: you don't want to ship your goods or deliver services and not get paid. Waiting 3 or more months to get paid isn't an option either when you need to cover your costs upfront and pay suppliers.

In this 60-minute webinar, you will learn:

URICA Webinar: Grow Exports With Certainty of Payment

27 Sep 2017 by URICA Supply Chain Funding

Webinar Summary

Working on an international scale with clients from around the world can be a challenge: you don't want to ship your goods or deliver services and not get paid. Waiting 3 or more months to get paid isn't an option either when you need to cover your costs upfront and pay suppliers.

In this 30-minute webinar, you will learn:

URICA Webinar: What Is Supply Chain Funding and How Can It Improve Your Cash Flow?

15 Aug 2017 by URICA Supply Chain Funding
URICA Webinar: What Is Supply Chain Funding and How Can It Improve Your Cash Flow?

As you may be aware, on the 28th July URICA hosted a webinar on supply chain funding and how it can benefit businesses working capital. After popular demand, URICA are hosting a second webinar on a similar topic, however, this time, focusing on how supply chain funding can improve cash flow. Register your free space here - http://bit.ly/2ukPLdr

Webinar Details

Webinar: “What is supply chain funding and how can it improve cash flow?”

Time and date 

What Is Supply Chain Funding and How Can It Improve Your Working Capital – URICA Webinar

20 Jul 2017 by URICA Supply Chain Funding
URICA Webinar - Supply Chain Funding

Supply chain funding is a little known alternative finance solution. Unlike supply chain finance, supply chain funding can work up and down the supply chain. It is accessible to all business sizes, not just big established firms, and could dramatically improve your working capital and cash flow management.

URICA Supply Chain Funding benefits businesses that:

Could Brittle Engineering Supply Chains Be a Spanner in the Works?

24 May 2017 by URICA Supply Chain Funding
Engineering supply chains

There was once little or no data on the strength of engineering supply chains. But there is now and we now know that a dichotomy exists in the minds of engineering entrepreneurs – 74% see an increase in turnover during the next twelve months; 42% believe supply chains are at breaking point. An interesting contradiction.

View all news articles by URICA Supply Chain Funding