NETWORK · TRADE MARKETPLACE

Post a deal openly. Bid openly. The whole process visible to both sides.

Trade finance today is opaque on both sides. Operators don't know which financiers their broker is shopping the deal to, what the terms really compare against, or whether they're getting a fair spread. Financiers underwrite from a pitched PDF, not the live cargo. The EDMA Trade Marketplace is being built to make the entire process visible — operators see who's bidding and on what terms, financiers see the live operational record and counterparty signals, and both sides go through a vetted process from first listing to final repayment.

Book a demo See the operator view

Operator view

See every offer, every term, every financier bidding

Financier view

Live cargo data · not a pitched PDF deck

Vetting

Every financier vetted by jurisdiction before any offer lands

Operator fee

$0· always

THE MARKETPLACE · AS AN OPERATOR SEES IT

What an operator will see: three listings, one under offer, one funded, one waiting.

This is your TradeOS, looking at three deals you've put through the marketplace this quarter. Anonymous summaries financiers see, the live offer stack, and the spread you're actually picking up versus your bank line — all in one workspace.

Pendrew Energy Trading · M. KovačMain portal · Trade Marketplace · active listings

Active · 3Drafts · 1Funded · 12All deals · 16

Quarter Q2 2026APR 14 · 09:42 UTC

Listing · RD-2026-018

200,000 medical PPE units · CIF Hamburg

Posted 11 Apr · live 3d 14h · disclosure pending

Under offer · 3 of 5

ANON SUMMARY · WHAT FINANCIERS SEEIndustry · Medical PPEOrigin · SE AsiaDestination · EU · DEPrincipal · $560KTenor · 60d post-shipmentType · ReceivableOn-time history · 96% · 14 dealsQC pass · 99.2%Payment consistency · 0d avg slipBuyer concentration · 2 clients

OFFERS RECEIVED · 3 firm · 2 interestedSORTED BY · ALL-IN APR

Stellar SCF PartnersLP · Luxembourg · since 20247.8% APR60-daypost-shipment releaseBEST · Pending

ACME FinancialsLP · London · since 20238.2% APR60-dayLC-backedPending

Magnet Trade FinanceBank · Singapore · since 20258.5% APR45-dayearly-payPending

Bank reference · SOFR + 320 bps · ≈ 8.6% APRCompare offers →

Funded byStellar SCF Partners · 7.8% APR · 60-day · post-shipment release−80 bps vs bank reference

Listing · RD-2026-005

1,200 MT copper cathode · CIF Rotterdam

Listed 02 Mar · funded 06 Mar · 4 business days end-to-end

Funded

Funded byACME Financials · 7.6% APR · 90-day · LC-backed · 85% advance−95 bps vs bank reference

Listing · RD-2026-022

Bulk specialty chemicals · FOB Houston

Posted 13 Apr · live 14h · 4 financiers viewing

Live · awaiting

StatusAnonymous summary live · 4 pre-vetted financiers in sector match · 1 has signalled interestfirst offer expected by 15 Apr 09:00

INSIDE THE MARKETPLACE · WHAT FINANCIERS SEE

Your listing goes live to vetted financiers. Anonymous, filterable, side-by-side with comparable deals.

Below: the three financier-side surfaces the moment after you publish. The marketplace is the same physical product TradeOS uses internally — what the operator sees versus what the financier sees is a permission boundary, not a separate app.

SURFACE 01 · MARKETPLACE — LIST VIEW

Anonymous listings, ranked by fit. Industry · route · value · tenor · structure — all visible.

What a pre-vetted financier opens when they click Marketplace in TradeOS. Your listing sits in the table alongside 46 others. Operator identity is hidden. Cargo profile, credit signals, performance history, and the financier-side fit score are all visible.

Sarah Mendes · ACME FinancialsFinancier · Portfolio tier · London

HomeMarketplacePortfolioDealsExternally-sourcedReports

Marketplace / Available listings

Available listings 47 open

12 new today · 8 high-fit · 3 expiring < 48h · last refresh 8s

ListGridSave current view

All 47New today 12High fit 8Disclosure available 14Medical 18Food & beverage 14EU import 22Pending offers 6Expiring < 48h 3

Showing 6 of 47· sorted byFit (high → low)Sort ▾

ListingIndustry · RouteReceivableTenorStructureFit

LIST-2026-024Medical gloves · DE buyer
$400K–600K · 90d · CIF Hamburg$0.85M90dPure factoring92%Request disclosure

LIST-2026-091Food · canned · UK buyer
$200K–300K · 60d · CIF Felixstowe$0.42M60dPure factoring88%Request disclosure

LIST-2026-088Medical diagnostic kits · DE buyer
$800K–1.2M · 60d · CIF Hamburg$1.10M60dWith advance86%Request disclosure

LIST-2026-077Food · packaged · ES buyer
$300K–500K · 45d · CIF Bilbao$0.39M45dPure factoring74%Request disclosure

UWLIST-2026-089Medical PPE · disclosed · Brevin Health EU
$540K · 90d · CIF Felixstowe$0.54M90dPure factoring96%Submit offer →

LIST-2026-066Textile · garments · BE buyer
$200K–280K · 30d · CIF Antwerp$0.24M30dPure factoring71%Request disclosure

Showing 1–6 of 47‹1234›

SURFACE 02 · LISTING DETAIL — PRE-DISCLOSURE

Identity is hidden. Operational signals are not.

Clicking into a listing before the operator approves disclosure. The financier sees industry, route, value, tenor, structure, financing history, performance signals, and a fit-score breakdown — but no operator name, no buyer name, no factory name. Enough to underwrite the cargo profile; not enough to identify the parties.

Sarah Mendes · ACME FinancialsFinancier · Portfolio tier · London

HomeMarketplacePortfolioDeals

Marketplace / Available listings / LIST-2026-024

LIST-2026-024 Anonymous

Listed 1d 7h ago · 24 financiers watching · 0 signals of interest yet

Add to watchlistSignal interest →

Cargo profile

IndustryMedical · disposables

Product classExamination gloves · nitrile

Origin routeSE Asia → EU import

Destination portHamburg

IncotermCIF

Volume range200K–300K units

Financing ask

Receivable face$400K–600K (target $540K)

Tenor90 days · net 30 from delivery

StructurePure factoring

RecourseYes · 30d grace

CurrencyUSD · single

Operator advanceNone requested

Performance signals · on TradeOS

On-time delivery98%

QC pass rate99%

Receivable settlement (24m)97% on-time

Claim incidence0.8% of shipments

SURFACE 03 · LISTING DETAIL — POST-DISCLOSURE

Identities visible to both sides. Underwriting begins.

The operator has approved disclosure of the financier's firm; the financier sees the operator's identity in the same moment. Now the financier can review the operator's full TradeOS record — counterparty history, document chain, recent shipment performance, prior settlement record — and submit a binding offer.

Sarah Mendes · ACME FinancialsFinancier · Portfolio tier · London

HomeMarketplacePortfolioDeals

Marketplace / Available listings / LIST-2026-089 · disclosed

LIST-2026-089 Disclosed · 16:42 UTC

Brevin Health EU → Norwell Medical UK · disclosure approved both sides

Open dataroom →Submit offer →

Parties · disclosed

OperatorBrevin Health EUTenant since Mar 2024 · 22 deals on TradeOS · Munich HQ

End buyerNorwell Medical UKS&P A-rated · 142 supplier relationships · 0 default events 2020–present

SupplierCrescent Manufacturing · Klang MY98 shipments via Brevin Health · 99.4% on-time · 0 quality claims open

Deal terms · confirmed

Receivable face$540,000 · single buyer

Tenor90 days · net 30 from delivery acceptance

StructurePure factoring · with operator advance disabled

RecourseYes · 30d grace

Assignment of NoticeStandard · NoA to Norwell at funding

Settlement currencyUSD · no FX

Counterparty history · Brevin Health EU on TradeOS

deals settled · 24m

$8.6M

aggregate volume · 24m

21/22

clean settlements · 1 late, recourse engaged

7.1%

avg APR equivalent paid · 24m

Three financier-side surfaces. Same TradeOS — just a different permission boundary. Identity protection is a state, not a separate system: listing.disclosure_state = 'pending' | 'disclosed', enforced at the service layer, not by hiding rows in the UI.

WHY THIS EXISTS

Sole-source bank financing is slow, expensive and politically costly. All three. At the same time.

Operators don't shop financing because shopping financing is more work than absorbing the spread. The marketplace exists because that calculus is wrong — and because the operational data needed to underwrite a trade already lives in TradeOS, not in a deck the operator builds for a credit officer.

01Three weeks for a three-day shipment

Pitching your bank takes 3 weeks. The deal moves in 3 days.

You build the deck. You meet the credit officer. You answer the follow-ups. You wait for committee. By the time they decide, the shipment has cleared and the financing is for a deal that doesn't exist any more — or you paid the bank's contingency premium to hold the line open.

02One bank · one quote · one spread

One bank, one offer, one spread to pay.

Without competition, you pay whatever your bank charges. Operators consistently report a 50–150 bps premium for not shopping the deal around. On a $560K, 60-day trade, that's $470–$1,400 per deal in pure friction cost — paid to a relationship that doesn't reward loyalty with a tighter spread.

03Relationship management as a cost

Each financing is a relationship overhead.

The bank wants quarterly reviews. The factor wants weekly reports. The SCF fund wants daily exports. Your finance team spends 30% of its time on partner ops — for financings that are supposed to be simple, repeatable working capital, not bespoke deals.

HOW THE MARKETPLACE WORKS

Five steps from listing to funded. Designed for ~4 business days end-to-end.

From clicking "Request financing" on a confirmed order, to funds flowing against the cargo. No deck. No follow-ups. No committee. Just operational data, a competitive set, and one decision at the end.

1List the deal

Day 0 · < 5 min

Click "Request financing" on a confirmed order.

Inside TradeOS, any confirmed PO has a "Request financing" action. Operational data — counterparty, value, tenor, signals — is attached automatically. You review and publish.

// LIST · RD-2026-018
PO · attached · 200K PPE units
Anonymous · default · on
Reserve · $560K · 60d

2Anonymous summary live

Day 0 · < 1 hour

Industry, geography, value range, tenor, signals. No names.

Within an hour the listing surfaces on the Financier Portal feed. Financiers see operational signals, not your identity — performance history, QC pass rate, payment consistency.

// LIVE · 14h 22m
Visible to · 11 pre-vetted in sector
On-time · 96% · 14 deals
Status · surfaced

3Financiers signal interest

Day 1–2 · typical

You review the financiers who want a closer look.

Each financier who signals interest exposes their profile — AUM, licensing, recent deals in your sector, jurisdiction. You approve who gets to underwrite; you can ignore the rest.

// INTEREST · 5
ACME Financials · approve
Stellar SCF · approve
Magnet · approve · 2 declined

4Underwrite & offer

Day 2–4

Identity reveals to approved financiers. They submit offers.

Approved financiers get scoped access to the full operational record — production, documents, audit chain. They underwrite, submit a rate, term and conditions. You see the stack as it builds.

// OFFERS · 3 firm
7.8% · 60d · post-ship
8.2% · 60d · LC-backed
8.5% · 45d · early-pay

5You compare & pick

Day 4 · 30 min

Side-by-side comparison. Pick. Funds flow.

Sort by rate, by term, by financier track record. Pick the offer that fits. Funds flow against the cargo per the agreement — drawdown on BL issuance, on warehouse receipt, or on whatever milestone you negotiated.

// ACCEPTED · 14 Apr 11:08
Counterparty · Stellar SCF
Spread Δ · −70 bps
Drawdown · on BL · ETA Apr 17

BOTH SIDES OF THE TRADE CAN ORIGINATE FINANCING

Operators finance receivables. Suppliers finance POs.

The marketplace serves both directions. An operator with a shipped invoice wants liquidity before the client pays; a supplier with an accepted PO wants working capital to produce. Same marketplace, same financiers, same auction dynamic — different collateral and a different drawdown trigger.

AOperator-originated · post-shipment financing

The receivable is the collateral.

Goods shipped · invoice outstanding · operator wants liquidity before client pays.

DEAL FLOW · POST-SHIPMENT

OperatorLists receivableFunds 85%▶FinancierFunds invoice

End clientBuyerPays at 60d▶FinancierPer assignment

·Trigger — bill of lading issued, shipment cleared, assignment of receivable executed.
·Collateral — the invoice itself, with right of assignment to the financier; cargo in transit as fallback.
·Settlement — end client pays the financier directly per the assignment. Operator gets the residual after fee & principal.

Awareness flag on the operator's order record stays on for the life of the financing. Operator sees status, repayment dates, financier identity — but never sees other operators' terms.

BSupplier-originated · pre-shipment / PO financing

The PO is the collateral.

PO accepted from operator · supplier needs working capital to produce.

DEAL FLOW · PRE-SHIPMENT

SupplierLists POFunds 70%▶FinancierFunds against PO

OperatorPO issuerPays per terms▶Supplier / Fin.Per assignment

·Trigger — PO accepted in TradeOS, supplier requests financing from Supplier Portal, financiers see the inbound PO listing.
·Collateral — the PO and the goods in production; financier holds standing claim against produced cargo until repaid.
·Settlement — operator pays the supplier (or directly to financier per assignment) on the original PO payment terms.

Commercial confidentiality preserved. Operator retains an awareness flag — sees that the PO is financed — but never sees the rate, term or conditions the supplier negotiated.

One marketplace · two collateral types. Financiers see both flows in one feed and underwrite according to their mandate — receivables-only, PO-only, both. Operators retain an awareness flag on any of their orders that get financed, regardless of which side originated the request.Both flows · v1

WHY FINANCIERS LIKE THIS MARKETPLACE

Live operational data instead of a 4-page deck.

Financiers underwrite better when they see how the operator actually ships — not how the operator describes themselves in a credit memo. Three things make the financier side of the marketplace different from any deal book or PrimeRevenue-style platform we've benchmarked.

CARD 01

Deal flow with operational signals.

Every listing shows performance signals — on-time history, QC pass rate, payment consistency — sourced from real EDMA operational data. Not a memo. Not a self-report. The shipments and reconciliations that actually happened on the platform, normalised across the operator's track record.

CARD 02

Two-step disclosure protocol.

Anonymous browse → signal interest → approved disclosure → underwriting. The operator's identity stays anonymous until both sides have signalled mutual interest. Financiers don't fish; operators don't broadcast. The competitive set narrows on signal quality, not on cold outreach.

CARD 03

Portfolio integration · mixed sources.

Marketplace deals appear in the financier's portfolio dashboard alongside externally-sourced deals — bank lines they brought from outside, factoring agreements, SCF programmes. One workspace for everything. Same data model, same audit chain, same reconciliation.

FEE STRUCTURE

No platform fee, either side.

Listing is free. Browsing offers is free. Accepting is free. EDMA never holds the money — financier pays supplier direct, client pays financier direct — so there's no per-deal accrual, no monthly bill against the financed principal. The platform earns from subscriptions only.

OPERATOR PAYS

$0listing · acceptance · funded · ever

Zero. Per listing, per acceptance, per funded deal.

Listing is free. Browsing offers is free. Accepting is free. The financing terms you negotiate with the financier are bilateral — EDMA never inserts a fee into the rate you pay. The marketplace doesn't make money on operators.

Posting a deal$0

Browsing & comparing offers$0

Accepting an offer$0

Repayment / settlement$0

Cancellation before acceptance$0

FINANCIER PAYS

$0per-deal · no platform fee on principal

No platform fee on financed deals.

Money moves bilaterally — financier pays the supplier directly, the buyer pays the financier directly. EDMA never holds or routes the cash, so there's nothing to skim. Self-signup financiers pay the same subscription as operators, scaled by order volume; operator-invited financiers pay nothing at all.

Platform fee on principal$0

Per-repayment fee$0

Externally-sourced deals$0

Operator-invited financierFree, always

Self-signup financierSame subscription as operators

WHAT YOU RECEIVE · SETTLEMENT WATERFALL

Know exactly what you'll receive — before the financier wires a dollar.

The settlement waterfall is computed from your contract the moment the legal agreement is signed. Buyer pays the financier per the Notice of Assignment, the financier deducts capital + fee, and your operator residual is auto-remitted T+2. No spreadsheet. No reconciliation. No surprises.

EXAMPLE · AGR-2026-018 · BREVIN HEALTH EU → NORWELL MEDICAL UK

$560,000 receivable · Net 30 · $448,000 supplier wire to Crescent Manufacturing

1
Norwell Medical UK pays ACME Financials
Net 30 from Aug 21 delivery acceptance · ~Sep 20 · via assigned receivable
+$560,000
2
ACME recovers their disbursement
Wired Aug 02 to Crescent Manufacturing on your behalf
($448,000)
3
Financier fee · 1.5% of receivable
ACME's factoring spread per agreement · $8,400
−$8,400
=
You receive at settlement
Auto-remitted T+2 from buyer payment · ~Sep 24 · single wire
$103,600

If the buyer short-pays or files a claim, your residual adjusts proportionally — the platform reconciles the math automatically. If the buyer disputes, the receivable holds in escrow with platform mediation. If the buyer pays late beyond the 30-day grace window, recourse activates — see how financing works for the full edge-case catalog.

FINANCIER VETTING · PRE-TRADE

Pre-vetted, by jurisdiction. Bad actors can browse; they cannot transact.

Every financier on EDMA completes an application before they can underwrite. The five checks below are mandatory at onboarding; sanctions and operational diligence run continuously thereafter.

The marketplace is a regulated environment. Operators see a competitive set, not a pool of unknowns. Financiers see deals where the operational data has been validated by the same platform that's vetted their counterparty.

PRE-TRADE CHECKLIST · ALL FINANCIERS5 OF 5 REQUIRED

Application & entity verification

Legal entity, beneficial ownership, board of directors, principal office. KYB on the firm; KYC on signing officers.

OnboardingDay 0

Audited financials & regulatory licensing

Last two years audited financials, capital adequacy where applicable, regulatory licensing per jurisdiction (FCA, ACPR, MAS, FINMA, OCC equivalent).

OnboardingDay 0

References from existing trade finance relationships

At least two named references from active trade-finance counterparties — bank, fund or corporate. EDMA contacts references directly; no self-attestation accepted.

OnboardingDay 0–7

Sanctions & PEP screening at financier level

OFAC, EU, UK, UN consolidated lists for the entity and all signing officers. Refreshed daily. Failed screen → no platform access until remediated.

ContinuousDaily

Per-deal sanctions on every counterparty

On every offer, every disclosure, every drawdown — operator, supplier and end client are screened against the same lists. Hit → trade blocked, financier notified, ops triaged within 4 business hours.

Per dealReal-time

Pre-vetted· Bad actors can browse anonymous summaries; they cannot signal interest, see disclosed records, or submit offers until the 5-of-5 checklist clears.SOC 2 Type II · ISO 27001

HOW THE MARKETPLACE WORKS WITH THE AI STACK

Atlas drafts the listing. Predictive surfaces the risk. Accounting auto-reconciles repayment.

The marketplace runs on top of the same three Atlas AI layers the rest of TradeOS uses — applied to the moment of listing, the moment of underwriting, and the moment of repayment.

LISTING · DRAFTED BY ATLAS

Atlas drafts the listing summary from operational data.

When you click Request financing, Atlas pre-fills the listing — industry, geography, value, tenor, performance signals — from the operational record on the order. You review the draft and publish. Time-on-page: typically under 4 minutes.

PREDICTIVE AI · DEAL RISK

Predictive surfaces risk to financiers.

On the financier side, Predictive AI runs over each listing — shipment delay forecasts, supplier risk signals, FX exposure warnings. Underwriters see what's likely to go wrong, by when, and how much it matters, before they price.

ACCOUNTING AI · AUTO-RECONCILE

Accounting AI auto-reconciles repayments.

When the buyer pays, the inbound bank entry is matched automatically against the marketplace deal — amount, party, deal, memo. The financier's ledger updates; the operator's awareness flag flips to "repaid". No spreadsheet.

VS THE STATUS QUO

How the marketplace compares.

Operators today shop their financing through a direct bank line (slow, sole-source) or through one of three established SCF / trade-finance platforms. Here is how each compares on the seven capabilities operators consistently ask for.

Capability	EDMA Trade Marketplacenetwork · coming Q3 2026	Direct bank linesole-source · slow	PrimeRevenueSCF marketplace	Tauliaearly-pay SCF	Marco / Velbridge FactorLATAM / SEA trade finance
Multi-financier auctioncompetitive set on every deal · not single-bank	✓ 3–7 / listing	—	~ buyer-led	— early-pay only	— in-house bal-sheet
Live operational data for underwritingon-time history · QC pass · payment signals · sourced	✓ Native	— credit memo	~ buyer-pushed	~ buyer-pushed	—
Two-step disclosure protecting operator identityanonymous → signal → approved disclosure	✓ Default-on	—	—	—	—
Both pre-shipment (PO) and post-shipment (receivable)supplier-originated and operator-originated · one marketplace	✓ Both flows	~ case-by-case	— receivable only	— receivable only	~ region-bound
Operator pays $0no listing fee · no acceptance fee · no spread skim	✓ Always	~ spread only	— buyer-fee model	— buyer-fee model	— spread + fee
Cross-jurisdiction at launchregulated financier vetting per jurisdiction	✓ Global at launch	~ per-bank	✓	✓	~ region-bound
Integrated with operational platformno separate workflow · finance lives on the order	✓ Native	—	— bolt-on	— bolt-on	—

✓ Supported~ Partial · with caveats— Not supportedComparison is illustrative · vendor capabilities evolve.

FAQ

Five questions every treasurer asks before their first listing.

Plain answers — what rates to expect, how fast funding lands, what happens if you change your mind. No guaranteed-rate framing. The marketplace is an auction; the answer to "what rate will I get" is "compete it and find out."

What kind of rates can I expect?

Rates vary by counterparty risk, country risk and tenor. Typical mid-market trade: 50–150 bps over reference rate (SOFR / ESTR). The marketplace dynamic — multiple vetted financiers underwriting the same deal — is designed to tighten the accepted spread versus a sole-source bank quote. We don't quote you a rate up front; the auction does. See the operator view →

How fast can I get funded?

Designed for 4–6 business days from listing to funded, end-to-end. With strong operational history and low-risk counterparties: ~2–3 days target. First offer is designed to land inside 24–48 hours of listing; the rest of the time is signal → disclose → underwrite → pick. The funding event itself (drawdown against the cargo) is bilateral with your chosen financier per the agreement. These are design targets — the platform is in build, not in live operation yet.

What if I don't want to list anonymously?

Can I cancel a listing?

Stop pitching your bank. List the deal and let financiers come to you.

Book a 30-minute demo. We'll walk you through a live anonymous listing on the sandbox marketplace — see what a financier sees, how the offer stack builds, and how a 4-day auction lands a spread your bank wouldn't quote you in 4 weeks. Operator fee: zero. Always.

Book a demo Talk to a marketplace engineer

Walk the 5-step lifecycle in detail →

Post a deal openly. Bid openly. The whole process visible to both sides.

What an operator will see: three listings, one under offer, one funded, one waiting.

Your listing goes live to vetted financiers. Anonymous, filterable, side-by-side with comparable deals.

Available listings 47 open

LIST-2026-024 Anonymous

LIST-2026-089 Disclosed · 16:42 UTC

Sole-source bank financing is slow, expensive and politically costly. All three. At the same time.

Pitching your bank takes 3 weeks. The deal moves in 3 days.

One bank, one offer, one spread to pay.

Each financing is a relationship overhead.

Five steps from listing to funded. Designed for ~4 business days end-to-end.

Click "Request financing" on a confirmed order.

Industry, geography, value range, tenor, signals. No names.

You review the financiers who want a closer look.

Identity reveals to approved financiers. They submit offers.

Side-by-side comparison. Pick. Funds flow.

Operators finance receivables. Suppliers finance POs.

The receivable is the collateral.

The PO is the collateral.

Live operational data instead of a 4-page deck.

Deal flow with operational signals.

Two-step disclosure protocol.

Portfolio integration · mixed sources.

No platform fee, either side.

Zero. Per listing, per acceptance, per funded deal.

No platform fee on financed deals.

Know exactly what you'll receive — before the financier wires a dollar.

Pre-vetted, by jurisdiction. Bad actors can browse; they cannot transact.

Application & entity verification

Audited financials & regulatory licensing

References from existing trade finance relationships

Sanctions & PEP screening at financier level

Per-deal sanctions on every counterparty

Atlas drafts the listing. Predictive surfaces the risk. Accounting auto-reconciles repayment.

Atlas drafts the listing summary from operational data.

Predictive surfaces risk to financiers.

Accounting AI auto-reconciles repayments.

How the marketplace compares.

Stop pitching your bank. List the deal and let financiers come to you.

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