Instant, flexible trade accounts that drive growth on all sales channels

81% of B2B buyers want to consolidate their purchases and make one payment on an agreed date. Your team wants to simplify reconciliations and credit management. Hokodo’s trade accounts keep everyone happy.

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40
%
increase in conversion rate
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30
%
increase in average order value
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24
%
more purchases per month

“I want a credit trade account!”
“My business needs consolidated invoices!”

Trade accounts are not a ‘nice to have’ but an essential tool for growth. Empower buyers to quickly pay off all their purchases at once and they’ll come back again and again (and again).

How it works

step 1
A buyer registers for a trade account. Hokodo runs credit and fraud checks in less than a second to instantly return tailored credit limits and payment plans.
step 2
The buyer makes purchases or places bookings as normal throughout an agreed billing period, which is usually a month.
step 3
When the buyer is ready to complete their purchase, their trade account is the default payment method.
step 4
You get paid upfront and in full while we take responsibility for all credit and fraud risks.
step 5
We prepare a statement of account consolidating all the purchases made during the billing period, across all sales channels and locations. Payment for all orders is due in one lump sum on an agreed date, usually 30 days after the billing period has closed.

We take care of everything...

So you can focus on product development, customer acquisition or whatever else matters the most to your business.
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Credit scoring

Give your buyers the credit they deserve thanks to cutting-edge underwriting. Display credit limits throughout the checkout journey to maximise take-up.
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Fraud detection

Sophisticated automations and expert fraud analysts keep you safe.
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Risk Protection

Keep your money, even if a buyer fails to pay, thanks to backing from AIG.
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Financing

Your buyers get to pay later, while you get paid upfront and in full. Everyone wins!
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Payment processing

Relevant settlement methods (bank transfer, direct debit, card…) maximise conversion and empower buyers to pay on their terms.
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Collections

Handled with care and professionalism to preserve your commercial relationships.

But don’t just take our word for it

Here’s how we helped businesses like yours to accelerate business growth with payment terms.

Want to learn more?

Discover how trade accounts with Hokodo can help accelerate growth of your business.

Get started

Are you ready to join the instant trade credit revolution? Book a call with an expert today.

Frequently Asked Questions

What is a trade account?
How do trade account payment terms work?
What are the fees?
How long does it take to get set up?
What’s the ROI of payment terms?