Herita Technologies
Herita is a supply chain finance platform that unlocks working capital from unpaid invoices through a cost-neutral model powered by the digital Bill of Exchange (BEX). Buyers approve invoices as usual, Herita's banking partners pay suppliers immediately, and buyers settle after a flexible period—typically 90 days or more. The supplier's standard early payment discount typically covers financing costs, creating a win-win for both sides without changing balance sheet classification.
- Financial Technology
- Software Only
Funding
Funding not disclosed
- bfc.vc (opens in a new tab)investor website
- prequelvc.com (opens in a new tab)investor website
Founders
Product
Problem
Suppliers often face delayed payments while buyers seek extended terms, creating cash flow friction that strains supply chain relationships. Traditional supply chain finance solutions are complex, require significant onboarding effort, and often exclude smaller or geographically dispersed suppliers.
Solution
Herita provides a supply chain finance platform that lets buyers extend payment terms while suppliers receive immediate payment, using an innovative structure based on the digital Bill of Exchange (BEX). When a buyer approves an invoice, Herita's banking partners pay the supplier right away, and the buyer settles with Herita after a flexible period—typically 90 days or more. The financing is typically cost-neutral because the supplier's standard early payment discount, or improved terms negotiated through earlier payment, fully covers the financing cost. The platform is fully digital, requires no supplier action, and can be launched within two weeks without IT integration or upfront costs. Herita enables extended terms for all suppliers, from sole traders to global enterprises, regardless of location or size. Unlike traditional reverse factoring, Herita offers no exclusivity and preserves the buyer's balance sheet classification of supplier payables as trade payables.
Target Audience
Primary customers are mid-to-large enterprises with fragmented, global supply chains that need to extend payment terms while ensuring suppliers receive timely payment, as well as finance leaders seeking cost-neutral working capital solutions.
Features
- Digital Bill of Exchange (BEX) based financing structure that eliminates paperwork and contractual overhead
- Fully digital platform enabling program launch within two weeks and effortless scaling
- No supplier action required—suppliers continue invoicing as usual
- No exclusivity, no upfront costs, and no IT integration project required
- Balance sheet neutral—supplier payables remain classified as trade payables
- Accessible to all suppliers regardless of size or geographic location, from sole traders to global enterprises