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Share Name | Share Symbol | Market | Type |
---|---|---|---|
ZIM Integrated Shipping Services Ltd | NYSE:ZIM | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.26 | 1.40% | 18.79 | 18.95 | 18.22 | 18.67 | 2,389,132 | 01:00:00 |
Small and medium-sized enterprises receive unprecedented access to instant $10,000 credit lines* and in-platform secure online payment options offering credit card and online bank transfers (ACH Debit) with the ability to pay up to 90 days from the cargo delivery date
NEW YORK, June 21, 2023 /PRNewswire/ -- Ship4wd, a leading global digital freight forwarding solution platform, today announced an industry first-of-its-kind financial services offering with the debut of three new financing and payment features, addressing one of the most prominent issues small and medium-sized businesses (SMBs) importers and exporters are facing today—cash flow management, a challenge often considered the glass ceiling for growth to many SMBs. As economic headwinds continue to surge, SMBs continue to battle significant financial friction that poses a roadblock to their growth and long-term sustainability. With its new financing solutions, Ship4wd is the first and only digital freight forwarder to create a comprehensive online financial solution specifically designed to combat decades of disparities in the sector.
With this announcement, Ship4wd becomes the first and only freight forwarder that will grant SMB importers and exporters an instant $10,000 USD credit line*. Furthermore, the company has launched a 'buy now, pay later' offer that enables SMBs to pay for shipments up to 90 days after delivery. Combined, these financial offerings provide unprecedented and much-needed cash flow relief for SMBs that are typically required to prepay for global shipments, tying up much-needed finances for extended periods of time. Additionally, to make payments easy, Ship4wd new offering will enable online digital checkouts that provide business owners the ability to pay with a credit card or direct debit (ACH debit) similar to any other online purchase—a significant shift for an industry otherwise heavily reliant on a paper trail of documentation.
"We're proud to offer industry-leading access to instant $10,000 credit lines*, 'Buy Now, Pay Later' 90-day post-delivery payment terms and fully digitized online payment options for our customers. When examining these financial services collectively, there is no other digital freight forwarder doing all of this. Our goal at Ship4wd is to make the freight forwarding experience less complex, especially for small and medium-sized business owners, as our team strives to keep their needs at the heart of everything we do," said Carmit Glik, CEO of Ship4wd. "It's our mission to ease the burden of global shipping and financing off the shoulders of business owners to enable them to focus on the growth of their business. Today we are setting a new industry standard and advocating for small and medium-sized businesses."
Ship4wd ensures its customers—no matter their size—receive a timely, cost-accurate, and properly documented journey for all general cargo categories. The new services are in partnership with 40Seas, a best-in-class financial services platform built to bring B2B payments and cross-border trade financing into the digital era, and include a series of new offerings, such as:
A part of ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), Ship4wd provides enhanced solutions through a full-service dashboard so business owners can make more informed decisions; time savings with quicker turnaround of guaranteed price quotes, comparisons, and bookings; and 24/7 one-click access to live expert support and industry insiders throughout the entire process.
For more information, please visit www.ship4wd.com.
*Credit lines are subject to eligibility.
About Ship4wd
Ship4wd is a best-in-class digital-first freight solution that gives small businesses the personal freedom, ease and control to better manage their imports and exports. With full end-to-end visibility and built-in flexibility, Ship4wd is helping businesses to progress and thrive.
View original content to download multimedia:https://www.prnewswire.com/news-releases/ship4wd-changes-freight-industry-standards-for-smbs-with-new-10-000-instant-credit-line-ability-to-pay-for-shipments-90-days-after-arrival-secure-online-checkouts-301856714.html
SOURCE Ship4wd
Copyright 2023 PR Newswire
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