We buy the goods. You pay up to 120 days later.
Once your credit insurance limit is approved, ShipScanner purchases the cargo from your supplier, pays them up front, and invoices you on deferred terms — from 2.5% per month plus a one-time 0.5% insurance premium.
- Finance rate
- 2.5%–3.5%
- per month, risk-graded
- Insurance
- 0.5%
- one-time, not monthly
- Max term
- 120 days
- from bill of lading
- 90-day cost
- from 8%
- all-in, incl. insurance
How it works
This is a purchase programme, not a loan. ShipScanner takes ownership of the goods and sells them on to you with a deferred payment term.
- 1
Send your legal name and address
That is the whole application. No financial statements, no bank records, no collateral and no property lien — a D-U-N-S number or tax ID is welcome but optional, purely so the right company gets looked up.
- 2
Insurance underwrites your limit
Our credit insurer reviews your company and sets an insured buyer limit. That decision — approved, partial, or declined — also sets your risk grade inside the 2.5%–3.5% monthly band.
- 3
ShipScanner buys the goods
Only once the limit is approved do we ask for the order paperwork — supplier proforma, lane and dates. We then purchase the cargo from your supplier and pay them directly, which is usually what unlocks a better unit price for you.
- 4
The goods move on our booking
Ocean freight is arranged through ShipScanner and you follow the container in your dashboard like any other shipment. Title to the goods stays with us until the invoice is settled.
- 5
You settle up to 120 days later
ShipScanner invoices you for the goods plus the finance charge and the one-time insurance premium. The term runs from the bill of lading date and maxes out at 120 days.
What it costs
Total cost as a share of the goods value — finance charge plus the one-time 0.5% insurance premium. The charge accrues per 30-day month, so a 60-day term costs exactly half of a 120-day one.
| Grade | 30 days | 60 days | 90 days | 120 days |
|---|---|---|---|---|
| Grade A 2.5% / month | 3% | 5.5% | 8% | 10.5% |
| Grade B 3% / month | 3.5% | 6.5% | 9.5% | 12.5% |
| Grade C 3.5% / month | 4% | 7.5% | 11% | 14.5% |
Worked example
$100,000 of goods, 90-day term, Grade A (2.5% / month):
Cost calculator
Move the term and pick a grade to see the all-in cost of deferring payment on a shipment.
Your shipment
Programme range $25,000 – $2,000,000 per shipment.
Maximum 120 days. The clock starts on the bill of lading date, not on arrival.
Your grade is set by the credit insurer's decision on your limit — not by us.
- Finance charge2.5%/mo × 3.0
- $7,500
- Insurance premium0.5% one-time
- $500
- Total cost
- $8,000
- Payable at maturity
- $108,000
Indicative only — not a credit offer. Final pricing follows the insurer's approval of your limit and the signed purchase and deferred-payment agreement.
Conditions of the programme
Short version: the paperwork happens before the cargo moves, never after.
FOB: approval before the goods leave
On FOB terms the buyer's side of the transaction must be completed before the goods leave the supplier — insured limit approved, purchase and deferred-payment agreement signed, and the supplier confirmed against our purchase order. A cargo that has already departed cannot be brought into the programme retroactively, because the insurer's cover attaches at purchase, not at arrival.
Insurance approval is the gate
Nothing is financed until the credit insurer approves a limit on your company — which takes only your legal name and registered address to request. The decision fixes your monthly rate inside the 2.5%–3.5% band; a partial limit means we finance up to that limit only. Each request is placed manually with the insurer, so we review applications before submitting them.
Title and invoicing
ShipScanner purchases the goods and holds title until your invoice is settled. You are invoiced by Talya Smart Incorporated for the goods, the finance charge and the insurance premium — a single commercial invoice, not a loan agreement.
Term, accrual and late settlement
The term runs from the bill of lading date up to a maximum of 120 days and the finance charge accrues per 30-day month. Settling early reduces the charge pro-rata; settling late carries the contractual default rate set out in your agreement.
Eligible cargo and lanes
Ocean FCL and LCL shipments booked through ShipScanner, on lanes and commodities the insurer will cover. Perishables, hazardous cargo and sanctioned corridors sit outside the programme.
What we never ask for
No property collateral and no lien on your other assets. The credit insurance policy is the security, which is why the insurer's decision — not your balance sheet alone — sets the terms.
Rates shown are indicative and are not a credit offer. Every transaction is subject to credit insurance approval, sanctions and compliance screening, and a signed purchase and deferred-payment agreement with Talya Smart Incorporated. Financing is offered to businesses only.
Frequently asked
What does ShipScanner trade finance cost?
Between 2.5% and 3.5% per month on the financed goods value, plus a one-time insurance premium of 0.5%. A 90-day term at the best grade therefore costs 8% in total — 3 × 2.5% plus 0.5%.
What do you need from me to check my limit?
Your complete legal company name and registered address. A D-U-N-S number or Tax ID / EIN is optional but helps the insurer match the right company. No financial statements, bank records or collateral are required to get a limit decision — the order documents only come into it once your limit is approved.
How long can I defer payment?
Up to 120 days from the bill of lading date. Shorter terms cost proportionally less because the finance charge accrues per 30-day month.
Who buys the goods?
ShipScanner does. Once your insured limit is approved we purchase the cargo from your supplier and pay them, then invoice you on deferred terms. You are the buyer of our invoice, not the borrower of a loan.
What happens on FOB shipments?
On FOB terms the buyer-side steps — insured limit approved, purchase and deferred-payment agreement signed, supplier confirmed — must all be completed before the goods leave the supplier. We cannot finance cargo that has already departed.
Is the 0.5% insurance charged every month?
No. The insurance premium is charged once per financed shipment, on the goods value, regardless of whether the term is 30 or 120 days.
Ready to defer your next shipment?
Send us the supplier proforma and your company details. We come back with an insured limit and a firm rate inside the 2.5%–3.5% band.