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.
Instant trade accounts and flexible payment terms, built for the sales of industrial supplies
78% of B2B buyers say that payment terms are a critical consideration when purchasing industrial supplies such as materials, equipment and retail fixtures. Whether you sell online, in-store or over the phone, offer seamless trade credit with Hokodo.
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Hokodo trade account buyer journey
See how easy it is to open and pay with a Hokodo trade account
Navigate through the e-commerce buyer journey and discover the simplicity of offering instant, flexible trade accounts to B2B customers.
81% of B2B buyers want to open a trade account with their main provider of industrial supplies
Improve buyer loyalty and boost purchase frequency by supplying the seamless payment experience that B2B buyers demand.
Download the brochure today:
How we help industrial suppliers
Attract new buyers
Enable buyers on your platform to defer payment from their very first purchase, and watch as your customer base grows.
Up front payments, guaranteed
Grow your business with confidence knowing that upfront payments are guaranteed.
Tailored for large order values
Choose a B2B credit platform that is optimised for the large average order values associated with the industrial supply chain. Offer the payment terms your buyers expect and accept payment via the methods most convenient for them.
Lead time leeway
Industrial components are often custom manufactured for the buyer. Such purchases may require deposits, milestone payments and a final invoice issued post-delivery. Hokodo’s flexible payments solution is built to withstand fluctuating lead times.
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 places orders 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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"We had previously tried to offer payment terms on our own, but since the process was so manual, lengthy and complex, instant credit decisions at the point of purchase were out of the question. Being able to give buyers the immediate decision and seamless experience they expect is a game changer for Achatmat.”
Frédéric Guillotin
CEO of Achatmat
"Hokodo is a massive part of our proposition in being able to ensure suppliers receive payments on time and build trust on the platform. YardLink is on a big growth trajectory and we see Hokodo as not just ready for us right now, but that it will continue to work for us as we move forward.”
Hollie Russell
Marketing Director at Yardlink
"A great User Experience and great payment terms and flexibility are the two main benefits our customers are looking for, and thanks to Hokodo we are able to offer them that…They have helped us to grow a base of extremely loyal customers all across Europe thanks to payment terms."
Pierre-Luc Joffre
CFO at Ankorstore
"This week, we passed a big milestone: over £1 million in payments advanced through Hokodo to brewers. That’s £1 million of cash flow certainty for brewers, and it’s already driving growth, with basket sizes on Hokodo orders 24% higher than those paid at checkout. This milestone isn’t just about payments, it’s also helping brewers win more trade customers, secure larger accounts and grow with the confidence of guaranteed cash flow."
Matt Pritchard
Co-founder & COO, Sellar
Frequently Asked Questions
- Can digital trade credit be used in the purchase of industrial supplies?
- How do I get started with digital trade credit?
- How long does it take to integrate a digital trade credit solution?