SaveLend Group launches Treyd as an initiator on the investment platform
Today Treyd is launched as an external initiator on the SaveLend.se investment platform. For
Treyd was founded in late 2019 on the belief that hardware companies should be able to scale as quickly as software companies. The company is a buy-it-now and on-payment service for international supply chains. By paying its customers’ supplier invoices and letting customers pay up to 120 days later, Treyd helps customers free up significant working capital that allows businesses to maintain high growth rates. Treyd manages credit scoring using a carefully developed model primarily based on the customer’s financial situation and external rating data. The model emphasizes the ability of companies to convert their current assets into cash and cash equivalents. Treyd examines how external parties assess the creditworthiness of the business and looks at the working capital of the business, as loans granted are for up to 120 days.
Treyd’s credits have been available on a smaller scale on the investment platform for some time now. Then within the framework of the internal initiator SBL Finans Factoring as and when they are received via the invoicing platform. During this period, the credits intended for the financing of the imports were subjected to a double control, that of Treyd and that of Treyd.
“Treyd is a great game for us. We see great potential in expanding the inflow of credit and volumes will increase with Treyd in the years to come. The collaboration has also proven the effectiveness of our integration model for external initiators, where we start small with an extended testing period and close monitoring, and once we see that everything is working fine, we put highlight the partner as an external initiator on the platform to improve scalability, ”says
“We are delighted to be able to extend our collaboration with