Hokodo has ceased trading. If you are a customer who used a Hokodo payment method, and have unpaid debts, you will have already been contacted by the relevant debt collection agency, and settlement should be made to them. All Hokodo debts have been sold, and the owner of the debts will be enforcing them in the usual way. Any payments made to a Hokodo bank account will be rejected.
Flexible trade accounts and instant payment terms for the food and beverages industry
80% of food and beverages B2B buyers say that payment terms are critical for the survival of their business. Whether you sell online, in-store or over the phone, offer seamless trade credit with Hokodo.
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Hokodo works with some of Europe’s biggest food and beverages suppliers
91% of food and beverages buyers want to open a trade account with their main supplier
Improve buyer loyalty and boost purchase frequency when you put payment terms on the menu.
Download the brochure today:
How we help food and beverages suppliers
21st century credit management
A trade credit solution aligned with your digital-first approach to support a seamless experience across the full credit journey.
Operational efficiency
Save the time and operational costs of credit checks, insurance and collections processes.
Relieve working capital pressures
Free up the working capital used to lend money to buyers and receive faster payouts while benefiting from full non-payment protection.
Accelerate and enhance the sales cycle
Businesses purchasing on credit terms spend an average of 30% more and make 24% more purchases per month.
Attract new buyers
Enable buyers on your platform to defer payment by 30, 60 or 90 days, interest-free, and watch as your customer base grows.
Stay competitive
Buyers will remain loyal to the sellers offering the best service and the most desirable payment terms.
Tailored for large order values
Implement a solution that is optimised for the large average order values and frequent purchases associated with your industry.
Upfront payments, guaranteed
Grow your business with confidence knowing that upfront payments are guaranteed.
Discover the ROI of a Digital Trade Credit Solution
Hokodo delivers measurable results to some of the world's most innovative B2B companies, helping them to increase revenue and save costs. Use our ROI calculator to work out how much you stand to gain by adopting a Digital Trade Credit solution.
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.
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step 2
The buyer makes purchases as normal, via any of your sales channels throughout an agreed billing period (usually a month).
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step 3
When the buyer is ready to complete their purchase, their trade account is the default payment method.
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step 4
You get paid upfront and in full while we take responsibility for all credit and fraud risks.
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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.
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Frequently Asked Questions
Can digital trade credit be used in the food and beverages industry?
How do I get started with digital trade credit?
How long does it take to integrate a digital trade credit solution?