Multi-Currency Project Financing for a Contractor

Scenario: A French contractor working on a municipal project near Paris places two international orders with a UK supplier receiving GBP 75,000 and a Dutch supplier receiving EUR 135,000.

Itemized Breakdown

1. Supplier Orders Placed
   The French contractor places two orders for project materials — one with a UK supplier and one with a Dutch supplier.

2. Proforma Invoices Issued
   Each supplier issues a proforma invoice reflecting the order value in their local currency.

3. Financing Request via Tupel Dashboard
   The contractor logs into their Tupel dashboard and:
   - Instructs Tupel to pay both suppliers directly
   - Notes a 90-day repayment term, accounting for shipping timelines and delayed payment cycles from the French municipality
   - Requests repayment to be made in EUR, for simplicity and alignment with local cash flows

4. Tupel Executes Payments in Multiple Currencies
   Tupel wires the respective amounts in GBP and EUR to the UK and Dutch suppliers, enabling immediate order fulfillment.

5. Goods Delivered and Project Completed
   Materials are delivered on time. The contractor completes the work and issues an invoice to the local government.

6. Unexpected Delay in Payment from the Municipality
   Just before the original due date, the contractor is notified that the municipality will delay payment by an additional 30 days.
   Normally, this would create a serious cash flow shortfall — but with Tupel, it’s a non-issue.

7. Instant Deferment via Tupel Dashboard
   The contractor logs into their Tupel dashboard and requests a 30-day deferment on their loan repayment.
   This is done instantly online — no questions asked, no documents required.

8. Invoice Settled, Repayment Collected
   On the revised due date, the municipality settles the contractor’s invoice.
   Tupel then initiates the direct debit repayment, perfectly matching the incoming and outgoing cash flows.

Outcome

• The contractor avoided any upfront capital outlay while securing international supplies
• Tupel enabled cross-border, multi-currency payments with a single repayment in EUR
• Even with unexpected delays in incoming funds, Tupel flexibly extended terms — preserving cash flow
• The project was executed without financial disruption, thanks to Tupel’s dynamic repayment options