FAQ

FREQUENTLY ASKED QUESTIONS

1
What is Trade Finance Credit?

Trade credit is a source of working capital financing at 0% interest. With trade credit financing, you can purchase assets, goods and services without paying cash upfront, paying the supplier at a later scheduled date. Unlike most trade credit finance providers that give buyers 30, 60, or 90 days to repay, WTE NET-1095 is offering members trade credit financing to buy products and supplies from other companies and repay after 1095 days.

The U.S. Federal Reserve Bank of New York did a Credit Survey in 2019 and discovered that trade credit finance is the largest source of capital for a majority of all businesses in the United States. For example, Wal-Mart, the largest retailer in the world, has used trade credit financing as a larger source of capital than bank borrowings; trade credit for Wal-Mart is 8 times the amount of capital invested by shareholders

It is a short-term financing option, which means that the outstanding payment is expected to be settled within 30 days or in up to 18 months.

2
What is the ‘NET-1095’ trade credit financing?

The ‘NET-1095’ is a trade credit financing option that enables individuals and businesses to buy assets, products, and supplies from other companies via WTE, which they can repay after 1095 days.
Buy anything now and pay after 1095 days via the Net-1095 Credit.

3
What does Net-1095 terms mean?

Net-1095 terms mean that if you bought something today with Net-1095 Credit on WTE, you won’t have to start paying for 1095 days. In other words, you can buy anything now and start paying after 1095 days. You can use your Net-1095 Credit to purchase from sellers that are connected to WTE.

4
How does the trade finance credit help with my business?

WTE Net-1095 trade credit will practically help to cover the cost of your ongoing day-to-day operations, working capital needs, real estate and asset acquisitions, capital expenditures, purchase of inventory, new product development, marketing expenses, expansion of production capacity, business and personal expenses up to the amount in your account. So you don’t have to pay your fixed or recurring business costs from your own cash reserves. You don’t have to bother yourself about where and how to spend the money in your account. It’s all done for you.

5
What assets, products and/or services can I purchase using the Net-1095 trade finance credit?

You can buy real estate, cars, boats, aircraft, business services, household items and many more.
You can buy virtually anything apart from government services. Please, download the PDF report at https://worldtradeexchange.org/pdf2/wte-members-products.pdf to view a list of some of the assets, products, and services that you can purchase using your Net-1095 trade credit.

6
Which sellers do I buy assets, products, and services from on trade credit Net-11095 terms?

You can use your Net-1095 Credit to purchase from sellers that are connected to WTE.

7
Can I buy the things I want to buy from my existing or preferred suppliers?

Yes, you can buy from your existing or preferred suppliers. To buy products and services from your existing suppliers, the suppliers must be members of WTE. If the suppliers are not members of WTE, you can invite them to join WTE and let them know that WTE will pay them right away in advance of any product or service delivery. If your preferred suppliers won’t join WTE, then, you have to be willing to change suppliers to sellers that are already members of WTE. You can only buy the things you want to buy from sellers that are connected to WTE.

8
What if the sellers that are connected to WTE do not have some of the items I want to buy?

It’s virtually impossible for you not to find the assets, products or services that you want to buy via WTE. There are millions of sellers and major corporations that are connected to WTE and some of them will definitely have any items that you want to buy, for sale on Net-11095 credit terms. However, in the unlikely event that sellers in WTE do not have the rare item that you want to buy, a WTE Trade Director will use your buying schedule/shopping list to actively seek out businesses who can meet your buying needs on the same, or better, terms within 24 hours.

9
How do I trade with other companies using trade finance credit?

100% of the work is done for you: WTE does all the work for you including providing the interest-free trade finance credit needed to buy all the items on your shopping list, negotiating with sellers, securing supply contracts from major corporations on your behalf, paying sellers and facilitating the transactions to ensure the timely delivery of the assets, products, and services purchased on your behalf.

10
How do I repay the loan after 1095 days?

After 1095 days, you are not required to repay the debt unless WTE helps you to generate the sales needed to offset your debt. In other words, WTE will assist you to generate the sales orders and revenue needed to offset your debt. If WTE does not generate the sales needed to pay off your debt, then, you don’t have to repay the credit owed.

11
What are the repayment terms?

I. You are not required to make any cash repayment at all.
II. The repayment of the credit will be made through the sales of goods and services. For example, if you received $1M in credit to make purchases, you are required to repay us with $1M worth of goods and/or services and NOT with $1M cash.
III. You are required to start paying after 1095 days.
IV. You are not required to repay the debt unless WTE helps you to generate the sales needed to offset your debt. In other words, WTE will assist you to generate the sales orders and revenue needed to offset your debt. If WTE does not generate the sales needed to pay off your debt, then, you don’t have to repay the credit owed.
V. You can pay the entire amount with goods and services at no extra charge.
VI. Alternatively, you can choose to spread the repayment over another 52 weeks.

12
Where are WTE Net-1095 financing services available?

WTE offers Net-1095 financing services to members in 155 countries. Contact us to know if your country is among the countries that we extend the Net-1095 credit service.
Note that the countries where we offer extended financing will change on April 20, 2020. In a few countries, we will begin offering extended financing where we previously didn’t. Likewise in a few countries, we will cease offering extended financing where we previously did.

13
I am a consumer (not a business owner), can I use Net-1095 financing services to make purchases?

Yes.

14
Which banks do you support?

We support most international, national, regional, and local banks and credit unions – over 12,000 financial institutions in all.

15
How soon can I start using Net-1095 financing services?

After applying for a Net-1095 membership and paying the membership commitment fee, we will set up your account and credit it with $1M to $25M in trade finance credit depending on the membership plan you paid for. Once your account is set up, you will be able to start using Net-1095 trade financing services within 24 hours to make purchases via WTE.

16
Who should I contact if I have more questions?

Please email us at director@worldtradeexchange.org 24/7.

17
How do I close my account?

We’re sorry to see you go, and I hope you’ll reconsider! If you wish to close your Net-1095 membership account, please contact us. Any outstanding balance has to be paid in full before we can close your Net-1095 membership account.

18
What is the minimum amount I can purchase on Net-1095?

You can use Net-1095 for any purchases above $100,000.

19
How secure is my information?

The security of your business and personal information is of the utmost importance to us. We adhere to industry-standard security protocol, including the use of appropriate administrative, physical and technical safeguards, to protect the information submitted to us.

We only collect and store the data required to successfully facilitate your transactions. We may share your information with our third-party service providers and partners, but only to assist us with our business operations and to provide our services.

20
What is instant recrediting?

Instant recrediting is a premium feature for eligible businesses. When you repay a WTE NET-1095 debt in full, the amount you repaid becomes immediately available in your credit limit. With instant recrediting, you can use your available WTE NET-1095 Credit to make another purchase right away.

For example: You paid your seller $5M on WTE NET-1095 with your WTE NET-1095 Credit. When you repay WTE NET-1095 for that amount in full, you can get $5M instantly added to your available credit.

Instant recrediting allows you to:

I. Increase your available credit immediately
II. Buy what your business needs without waiting for WTE NET-1095’s weekly debit and the ACH transfer.

21
What is trade credit used for?

Cost control, cash flow management, financial leverage, capital release, financing for growth… Trade credit is the bedrock of business, the greatest facilitator of global and local trade from supermarket shelves to shipyards.

If you’re on the receiving end, it’s like having a short-term, unsecured, interest-free loan to buy the goods and materials you need. This puts assets in your hands that your business can use to generate income – with no drain on your working capital and a lot less pressure on your cash flow.

Some businesses simply couldn’t exist without trade credit. Construction, shop-fitting, retail… Imagine having to pay for everything right away, all that cash tied up until the money comes in from your customers.

22
Can I convert trade finance credit to cash?

Yes

23
Is it true that 80-90% of world trade relies on trade credit financing of some kind?

Yes, according to the World Trade Organization.

24
Can I withdraw cash from the trade finance credit?

For the first three months, you can only make purchases and investments via WTE. After the first three months of establishing a transaction history with WTE, you can withdraw cash via our ‘trade credit to cash’ conversion feature within your account. WTE will guide you through the process.

For example, if you want to buy real estate, inventory, advertising services or any product or services listed at
https://worldtradeexchange.org/pdf2/wte-members-products.pdf , WTE will assist you to make the purchase directly.

WTE does all the work for you including providing the interest-free trade finance credit needed to buy all the items on your shopping list, sourcing for suppliers to meet your buying needs, negotiating with suppliers, securing supply contracts from major corporations, paying suppliers and facilitating the transactions on your behalf to ensure the timely delivery of the assets, products, and services to you.

100% of the work involved in making purchases and investments using the trade finance credit in your account is done for you.

25
What if I want to repay earlier than 1095 days after my purchases?

You can repay early at any time and we’ll give you a 20% discount off the amount that was spent on purchases on your behalf. Then, the remaining amount will be debited from your account on the upcoming payment date.

26
When does my seller receive payment?

WTE will initiate a payment to your seller the same business day that you create a payment, and your seller will be notified via email and in their WTE account dashboard immediately. Your seller can get paid as soon as the next day.

27
Why does WTE offer clients so much benefits? What is in it for WTE?

In return for providing you with an interest-free trade credit, we’ll:
1. Help you make future sales at prices set by us to offset trade credit given to you and to also make profit.
2. Gain the right to make purchases on your behalf. In other words, WTE will pay for your ongoing business expenses on your behalf. So you don’t have to pay your fixed or recurring business costs from your own cash reserves.
3. Manage some of your sales and purchase transactions. WTE will receive a cash commission on each transaction from suppliers just like any brokerage firm.

28
Are there restrictions to being approved for this trade finance credit?

Nope. There are no restrictions at all. No credit check. No collateral. No loan fees. No interest. No financial indebtedness. No cash repayment.

29
Can I use the trade finance credit to purchase a higher membership plan or to invest in the WTE business? For example, if I receive $2M from the first subscription, can I pay for the WTE global membership from the $2M trade finance credit granted to me?

Yes, you can.

30
What are the basic criteria for approval? What do I need to do to become a beneficiary of the Net-1095 trade finance credit?

You have to join the WTE Net-1095 membership. This Net-1095 Membership is available for people who apply for membership in the next 24 hours.

31
What do you mean by "WTE will cover all my costs, payments and investments?"

It means that WTE will practically make payments on your behalf. For example, if you want to purchase a piece of new machinery, WTE will help you to pay for the new machinery using the trade finance credit in your account. WTE will also ensure that the machinery is delivered to you at no extra cost. So you don’t have to pay for the machinery from your own cash reserves.

100% OF THE WORK IS DONE FOR YOU.

WTE does all the work for you including providing the interest-free trade-credit needed to buy all the items on your shopping list, negotiating with sellers, securing supply contracts from major corporations on your behalf, paying sellers and facilitating the transactions to ensure the timely delivery of the assets, products, and services purchased on your behalf. 100% of the work is done for you.

WTE will practically help to cover the cost of your ongoing day-to-day operations, working capital needs, real estate and asset acquisitions, capital expenditures, purchase of inventory, new product development, marketing expenses, expansion of production capacity, business and personal expenses up to the amount in your account. So you don’t have to pay your fixed or recurring business costs from your own cash reserves. You don’t have to bother yourself about where and how to spend the trade credit in your account. It’s all done for you.

32
How will WTE provide me with cash infusion to sustain my business?

If you need immediate cash infusion to make some purchases or investments, then, WTE can provide you with trade finance credit and help you purchase any assets, products or services that you want to buy.

33
Do you charge any loan fees?

No, WTE does not charge you any fees for any trade credit loan. We have never charged any loan fee and we will never charge any loan fee. There is nowhere on our website that we mentioned loan fees. In fact, we clearly stated on the homepage of our website that one of the points that make our credit services unique is: “NO LOAN FEES.”

34
Is your membership fees not the same as a loan fee?

“Membership Commitment Fee” is not the same as a loan fee. The membership fee covers all the business services members receive from WTE, which includes providing the members with interest-free trade finance credit, making payments and investments, sourcing suppliers, asset acquisitions, generating sales revenue, facilitating all the members’ transactions, and helping the members to pay off debts.

WTE members receive comprehensive business services, which includes providing you with interest-free credit, helping you to make purchases and investments with the credit we provide and also helping you to generate the sales revenue needed to offset your debts. There are different types of ‘DONE FOR YOU’ business services that WTE offers members as shown on our website. So, the membership commitment fee you are required to pay is just for the business services and benefits of the membership plan that you are subscribed to. It’s NOT a loan fee.

35
Can I join WTE without paying any upfront fees?

No, we don’t offer any free business services or membership plans. You are required to pay your membership fee upfront before we can offer you any of our services.

36
How do I make purchases and investments using trade finance credit?

100% of the work involved in using your line of trade credit to make purchases and investments is done for you. WTE does all the work for you including providing the trade finance credit needed to buy or invest in all the items on your shopping list, negotiating with sellers, securing supply contracts from major corporations on your behalf, paying sellers and facilitating the transactions to ensure the timely delivery of the assets, products, and services purchased on your behalf.

As a WTE member, WTE will do the following for you:
1. Provide you with an interest-free trade finance credit for your purchases, acquisitions, and investments;
2. Help you to make purchases and investments in businesses using the credit provided;
3. Help you to pay off any existing debts that you owe other banks, financial institutions or organizations;
4. Help you to cover the cost of your ongoing day-to-day business operations for three years, working capital needs, real estate, and asset acquisitions, capital expenditures, purchase of machinery and equipment, purchase of inventory, new product development, marketing expenses, expansion of production capacity, business and personal expenses.
So you don’t have to pay your fixed or recurring business costs for three years from your cash reserves. You don’t have to bother yourself about how to spend the trade finance credit in your account. It’s all done for you.
5. Help you to generate the sales revenue needed to offset your debts. In other words, WTE will assist you in paying off your debts and financial obligation.

For example, if you want to acquire a $100M asset, WTE will assist you in negotiating with sellers, paying the sellers, and facilitating the transaction until the asset is fully acquired on your behalf. If you want to purchase a manufacturing plant, WTE will assist you in negotiating with sellers, paying the sellers, and facilitating the transaction until the manufacturing plant is fully acquired on your behalf.

37
What does your membership commitment fee cover?

We charge a membership commitment fee, which is not the same as a loan processing fee. The membership fee covers all the business services members receive from WTE. These services include providing the members with interest-free trade finance credit, making payments and investments, sourcing suppliers, asset acquisitions, generating sales revenue, facilitating all the members’ transactions, and helping the members to pay off debts.

As a WTE member, WTE will do the following for you:
1. Provide you with $100K to $10B in interest-free trade finance credit within 24 hours for your purchases, acquisitions, and investments;

2. Help you to make purchases and investments in businesses using the credit provided; 

3. Help you to pay off any existing debts that you owe other banks, financial institutions or organizations;

4. Help you to cover the cost of your ongoing day-to-day business operations for three years, working capital needs, real estate, and asset acquisitions, capital expenditures, purchase of machinery and equipment, purchase of inventory, new product development, marketing expenses, expansion of production capacity, business and personal expenses. So you don’t have to pay your fixed or recurring business costs for three years from your cash reserves. You don’t have to bother yourself about how to spend the trade finance credit in your account. It’s all done for you. 

5. Help you to generate the sales revenue needed to offset your debts. In other words, WTE will assist you in paying off your debts and financial obligation. 

6. Help you to make a guaranteed income of $100K to $10B or achieve your 12-month income goal within 24 hours without selling any products or services. The delivery of products or services can be scheduled for 12 months in the future.

7. Help you to sell off all inventories, businesses, real estate, and other assets in 24 hours at zero cost to you and without advertising or marketing expenses.

8. Guarantee the success and profitability of all your business operations by achieving predictable, and a guaranteed return on investment before making any investments.

Apart from the interest-free trade finance credit that we offer members, there are different types of ‘DONE FOR YOU’ business services that WTE offers members, as shown on our website. So, the membership commitment fee you are required to pay is for all the business services and benefits of the membership plan that you are subscribed to. It’s NOT a loan processing fee.

The membership fee MUST be paid upfront before we are obligated to offer any service to any member. Any prospective client who is asking or expecting us first to provide any services without an upfront fee is NOT QUALIFIED to be our client because he has the mindset of someone who is looking for free stuff. And not that of a business person. We don’t offer any free services.

38
would you provide a sequence of events to purchase 100MM of asset X?

100% of the work involved in making purchases, acquisitions, and investments using the $100,000,000 is done for the Member. WTE does everything for the Member including providing the $100,000,000 finance credit needed to buy assets and all the items on the Member’s shopping list, sourcing for suppliers to meet the Member’s buying needs, negotiating with sellers, securing supply contracts from major corporations, paying sellers and facilitating the transactions on the Member’s behalf to ensure the timely delivery of the assets, products, and services to the Member. It’s all done for the Member.

39
What are the other fees if any, other than the membership commitment fees?

For all of WTE’s services in sourcing for suppliers to meet the Member’s buying needs, negotiating with sellers, securing supply contracts from major corporations, paying sellers and facilitating all the transactions on the Member’s behalf and helping the member to pay off outstanding financial obligations, there is a 5% transaction fee.

40
How does the seller list an asset?

We have millions of sellers for any type of assets, products, or services that you may want to buy.
If you are a seller, then, our Trade Brokers will assist you to list your assets for sale on our platform.