CRX Extend
Supply Chain Finance
Extend payment terms while suppliers get paid early through banks on the marketplace.
How It Works
You approve invoices in your ERP. The CRX integration uploads them automatically.
Your suppliers request early payment, and your selected financing partners purchase the invoices.
The best rate is selected automatically. Your supplier gets paid early.
You pay the full invoice amount to the financing partner on the new maturity date.
Your Advantages
Extended Payment Terms
Your DPO increases while suppliers receive early payment at attractive rates based on your credit quality. Both sides of the relationship benefit.
Competitive Pricing
Multiple financing partners bid on every invoice. Pricing is market-driven and continuously optimized.
Full Automation
From invoice upload to reconciliation, the entire process runs automatically through your existing ERP integration.
Global Scalability
Add currencies, buying entities, jurisdictions, and financing partners at any time. The platform scales with your program without structural changes.
Transparent Cost Structure
Platform fees and financing costs are fully separated. You see what you pay for the infrastructure, your suppliers see what they pay for funding.
Digital Onboarding
100% digital onboarding process with AI assistance. Full supplier onboarding including KYC completed in less than 24 hours.
“CRX Extend is about more than optimizing working capital. By choosing a multi-bank marketplace model, we have gained the flexibility and funding depth that traditional arrangements simply cannot match.”
Andreas Hofmann
Treasury Analyst Finance
Sustainable Supply Chain Finance
In 2020, CRX executed the first sustainable SCF transaction in the DACH region together with Nestlé, recognized with the SCF Gold Award. Since then, the number of ESG-linked programs on the marketplace has continued to grow. The CRX Marketplace supports multiple approaches to defining sustainability criteria within an SCF program.
ESG Rating Agencies
Link financing terms to scores from established providers like EcoVadis, Sustainalytics, ISS ESG, or MSCI. Widely accepted across the financial sector and compatible with both simple binary pricing and multi-tier rate structures.
ESG Certifications
Tie financing terms to specific industry certifications such as UTZ, Sedex, or ISO standards. Particularly suitable for supply chains with sector-specific sustainability initiatives.
ESG References
Define custom ESG criteria directly in supplier contracts, such as ESG-related KPIs or topic-specific use of funds. A flexible approach that connects financing terms to measurable sustainability commitments.
We launched our first multi-bank receivables program with CRX Markets in 2020, and it set new standards in the market. When it came to our new sustainable supply chain finance program, CRX was the logical choice. Full automation, seamless system integration, and the ability to work closely with our relationship banks on favorable conditions made the decision straightforward.
Kai Gloystein
VP Corporate Finance & Treasury, Knorr-Bremse
Beyond Traditional Supply Chain Finance
For large-scale global programs, the CRX Marketplace can go further. Invoices can be bundled into notes and auctioned to institutional investors alongside banks, opening an additional source of liquidity beyond traditional bank funding. If your program requires this level of depth, let's talk.
What Could a Multi-Bank SCF Program Deliver for You?
Our team assesses your setup and shows you the potential.
FAQ
More solutions from the Payables Suite
CRX Pay
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Best when you need immediate working capital effect without involving your suppliers. A payment service provider settles invoices on time, and you get up to 60 additional days to pay.
CRX Discount
Capture early payment discounts using your own excess liquidity.
Best when you hold surplus cash and want a risk-free return while supporting suppliers. You fund the early payment yourself and capture a discount on every invoice.