CreateTrade - About the company
CreateTrade is an unfunded company based in Weston (United States), founded in 2010. It operates as a Provider of trade finance services for purchasing commercial inventory goods. CreateTrade has not raised any funding yet. The company has 6 active competitors, including 1 funded and 3 that have exited. Its top competitors include companies like Upside, Float and Forever 8.
Company Details
Provider of trade finance services for purchasing commercial inventory goods. This service facilitates the acquisition of inventory by paying suppliers directly on behalf of businesses. The process involves evaluating financial documentation to approve credit lines for commercial transactions. Once approved, orders are placed through an automated system, and payments are issued to suppliers to secure inventory. This arrangement allows businesses to manage cash flow by deferring payment for goods until a later date. The service is restricted to the procurement of inventory and does not cover personal or general business expenses.
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CreateTrade's funding and investors
CreateTrade has not raised any funding rounds yet.
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CreateTrade's Competitors and alternates
Top competitors of CreateTrade include Upside, Float and Forever 8. Here is the list of Top 10 competitors of CreateTrade, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Upside 2021, Austin (United States), Acquired | Online marketplace for inventory financing | $10.5M | 39/100 | |
2nd | Float 2021, Honolulu (United States), Seed | Inventory Finance solutions for businesses | $125K | 35/100 | |
3rd | Forever 8 2020, Bethlehem (United States), Acquired | Provider of inventory-based financing solutions for e-commerce business | - | - | 31/100 |
4th | AuctionCredit 2006, Dallas (United States), Acquired | Inventory financing solutions for car dealers with flexible credit lines | $7.5M | 29/100 | |
5th | CreateTrade 2010, Weston (United States), Unfunded | Provider of trade finance services for purchasing commercial inventory goods | - | - | 16/100 |
6th | ScaleCapital 2023, Los Angeles (United States), Unfunded | Financial services company that offers a range of lending solutions, including inventory financing, equipment financing, lines of credit, and loan products | - | - | 16/100 |
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CreateTrade's Investments and acquisitions
CreateTrade has made no investments or acquisitions yet.
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