Finance API: Digital Trade Finance Infrastructure

StateSet’s Finance API provides comprehensive trade finance solutions including invoice factoring, purchase order financing, and collateralized lending. Built on native USDC with smart contract automation, it eliminates traditional banking intermediaries and enables instant capital access for businesses globally.

🚀 Quick Start

import { StateSetClient } from '@stateset/commerce-sdk';

const client = new StateSetClient({
  endpoint: 'https://api.stateset.network',
  apiKey: process.env.STATESET_API_KEY
});

// Factor an invoice for instant liquidity
const factoring = await client.finance.factorInvoice({
  invoice_id: 'inv_12345',
  amount: '50000.00',
  discount_rate: 0.02, // 2% discount
  buyer_id: 'did:stateset:buyer:abc123'
});

// Result: Instant USDC payment to seller
console.log(`Factored ${factoring.amount} USDC to seller`);

💰 Core Features

Instant Invoice Factoring

Convert invoices to immediate USDC liquidity
2-5% discount rates (vs 10-30% traditional)
Settlement in minutes, not weeks
No credit checks or lengthy approvals

Purchase Order Financing

Finance large orders before fulfillment
Access working capital without debt
Smart contract escrow protection
Automated payment on delivery

Collateralized Lending

Borrow against crypto assets or tokenized RWAs
Interest rates from 5-15% APR
No personal guarantees required
Automated liquidation protection

Cross-Border Payments

Instant settlement with native USDC
No forex fees or delays
Built-in compliance checking
Multi-currency support

📊 Trade Finance by the Numbers

$2T

Global trade finance gap

85%

Cost reduction vs banks

2min

Average funding time

200+

Countries supported

The Problem We Solve

Traditional Trade Finance:

🐌 3-6 month approval process
💸 10-30% annual fees
📄 Mountains of paperwork
🏛️ Bank relationship required
🌍 Limited to domestic markets

StateSet Solution:

⚡ 2-minute automated approval
💰 2-5% competitive rates
🤖 Fully automated process
🔗 Blockchain-based verification
🌐 Global accessibility

💵 Invoice Factoring API

Factor Invoice

POST /v1/finance/invoices/factor

Request Body:

{
  "invoice_id": "inv_12345",
  "amount": "50000.00",
  "currency": "USDC",
  "discount_rate": 0.025,
  "buyer": {
    "id": "did:stateset:buyer:abc123",
    "credit_rating": "AAA",
    "payment_history": "excellent"
  },
  "terms": {
    "net_days": 30,
    "due_date": "2024-07-25"
  },
  "recourse": false
}

Response:

{
  "factoring_id": "fact_8y4mQr5oP2",
  "invoice_id": "inv_12345",
  "status": "FUNDED",
  "advance_amount": "48750.00",
  "discount_amount": "1250.00",
  "discount_rate": 0.025,
  "funded_at": "2024-06-25T12:05:00Z",
  "maturity_date": "2024-07-25T23:59:59Z",
  "transaction_hash": "0x742d35Cc6634C0532925a3b8D097C00D4dfece08"
}

Get Factoring Options

GET /v1/finance/invoices/{invoice_id}/factoring-options

Response:

{
  "invoice_id": "inv_12345",
  "amount": "50000.00",
  "options": [
    {
      "provider": "StateSet Pool Alpha",
      "discount_rate": 0.02,
      "advance_amount": "49000.00",
      "funding_time": "instant",
      "recourse": false,
      "rating": "AAA"
    },
    {
      "provider": "Institutional Lender",
      "discount_rate": 0.015,
      "advance_amount": "49250.00",
      "funding_time": "1_hour",
      "recourse": false,
      "rating": "AA+"
    }
  ],
  "risk_assessment": {
    "buyer_score": 95,
    "payment_probability": 0.99,
    "recommended_rate": 0.02
  }
}

Track Factored Invoice

GET /v1/finance/factoring/{factoring_id}

Response:

{
  "id": "fact_8y4mQr5oP2",
  "invoice_id": "inv_12345",
  "status": "ACTIVE",
  "amount": "50000.00",
  "advance_paid": "48750.00",
  "discount": "1250.00",
  "days_remaining": 15,
  "payment_tracking": {
    "buyer_notified": true,
    "payment_link_sent": true,
    "reminder_sent": false
  },
  "timeline": [
    {
      "event": "FACTORED",
      "timestamp": "2024-06-25T12:05:00Z",
      "amount": "48750.00"
    },
    {
      "event": "BUYER_NOTIFIED",
      "timestamp": "2024-06-25T12:06:00Z"
    }
  ]
}

📦 Purchase Order Financing API

Finance Purchase Order

POST /v1/finance/purchase-orders/finance

Request Body:

{
  "purchase_order_id": "po_67890",
  "supplier_id": "did:stateset:supplier:xyz789",
  "buyer_id": "did:stateset:buyer:abc123", 
  "amount": "100000.00",
  "currency": "USDC",
  "financing_terms": {
    "advance_percentage": 0.8,
    "fee_percentage": 0.03,
    "payment_terms": "net_60"
  },
  "delivery_terms": {
    "incoterm": "FOB",
    "expected_delivery": "2024-08-15",
    "delivery_address": "123 Main St, San Francisco, CA"
  },
  "collateral": {
    "type": "purchase_order",
    "insurance_required": true
  }
}

Response:

{
  "financing_id": "pof_9x3kLm8nR5",
  "purchase_order_id": "po_67890",
  "status": "APPROVED",
  "advance_amount": "80000.00",
  "total_fees": "3000.00",
  "funding_schedule": [
    {
      "milestone": "ORDER_CONFIRMED",
      "amount": "40000.00",
      "funded_at": "2024-06-25T12:10:00Z"
    },
    {
      "milestone": "PRODUCTION_COMPLETE",
      "amount": "40000.00",
      "estimated_date": "2024-08-01"
    }
  ],
  "repayment_due": "2024-10-15",
  "contract_address": "stateset1contract456..."
}

Get Financing Options

GET /v1/finance/purchase-orders/{po_id}/financing-options

Response:

{
  "purchase_order_id": "po_67890",
  "amount": "100000.00",
  "supplier_rating": "A+",
  "buyer_rating": "AAA",
  "financing_options": [
    {
      "provider": "StateSet Capital",
      "advance_percentage": 0.85,
      "fee_rate": 0.025,
      "approval_time": "instant",
      "requirements": ["insurance", "shipping_docs"]
    },
    {
      "provider": "Trade Finance Pool", 
      "advance_percentage": 0.8,
      "fee_rate": 0.02,
      "approval_time": "2_hours",
      "requirements": ["credit_check", "collateral"]
    }
  ],
  "risk_factors": {
    "supplier_history": "excellent",
    "product_category": "low_risk",
    "shipping_route": "established",
    "insurance_available": true
  }
}

🏦 Collateralized Lending API

Create Loan Request

POST /v1/finance/loans/request

Request Body:

{
  "borrower_id": "did:stateset:borrower:def456",
  "loan_amount": "25000.00",
  "currency": "USDC",
  "loan_purpose": "working_capital",
  "term_months": 12,
  "collateral": [
    {
      "type": "cryptocurrency",
      "asset": "STATE",
      "amount": "50000.00",
      "current_value": "50000.00",
      "ltv_ratio": 0.5
    },
    {
      "type": "invoice",
      "asset_id": "inv_78901",
      "face_value": "15000.00",
      "ltv_ratio": 0.8
    }
  ],
  "requested_rate": 0.08
}

Response:

{
  "loan_id": "loan_5z8nPq3oW7",
  "status": "PENDING_APPROVAL",
  "requested_amount": "25000.00",
  "approved_amount": "25000.00",
  "interest_rate": 0.075,
  "term_months": 12,
  "monthly_payment": "2256.50",
  "total_collateral_value": "65000.00",
  "ltv_ratio": 0.38,
  "approval_time": "instant",
  "funds_available": "2024-06-25T12:15:00Z"
}

Loan Management

POST /v1/finance/loans/{loan_id}/drawdown

Request Body:

{
  "amount": "25000.00",
  "destination_wallet": "stateset1borrower123...",
  "purpose": "Inventory purchase for Q3 orders"
}

Response:

{
  "drawdown_id": "draw_4k7mLx9nQ2",
  "loan_id": "loan_5z8nPq3oW7",
  "amount": "25000.00",
  "funded_at": "2024-06-25T12:20:00Z",
  "transaction_hash": "0x9f2e45Bb8734C1523456a7b9E087F00E4dfebe19",
  "repayment_schedule": [
    {
      "payment_number": 1,
      "due_date": "2024-07-25",
      "principal": "1923.17",
      "interest": "333.33",
      "total": "2256.50"
    }
  ]
}

🎯 Automated Risk Management

Credit Scoring

// Real-time credit assessment
const creditScore = await client.finance.assessCredit({
  entity_id: 'did:stateset:company:abc123',
  factors: [
    'payment_history',
    'financial_statements', 
    'industry_trends',
    'blockchain_activity'
  ]
});

// Response
{
  "entity_id": "did:stateset:company:abc123",
  "credit_score": 785,
  "rating": "A+",
  "factors": {
    "payment_history": {
      "score": 95,
      "on_time_percentage": 0.98,
      "avg_days_early": 2.3
    },
    "financial_health": {
      "score": 88,
      "debt_to_equity": 0.35,
      "current_ratio": 2.1
    },
    "blockchain_activity": {
      "score": 92,
      "transaction_volume": "500000.00",
      "network_reputation": "excellent"
    }
  },
  "recommended_limits": {
    "factoring": "100000.00",
    "lending": "50000.00",
    "trade_finance": "250000.00"
  }
}

Dynamic Pricing

// Market-driven interest rates
const pricing = await client.finance.getPricing({
  product: 'invoice_factoring',
  amount: '50000.00',
  term_days: 30,
  risk_profile: {
    buyer_rating: 'AAA',
    seller_rating: 'A+',
    industry: 'technology'
  }
});

// Response
{
  "base_rate": 0.02,
  "risk_premium": 0.005,
  "final_rate": 0.025,
  "pricing_factors": {
    "market_conditions": {
      "liquidity": "high",
      "demand": "moderate",
      "adjustment": -0.002
    },
    "counterparty_risk": {
      "buyer_score": 95,
      "seller_score": 88,
      "adjustment": 0.003
    },
    "product_risk": {
      "default_rate": 0.001,
      "recovery_rate": 0.98,
      "adjustment": 0.002
    }
  },
  "expires_at": "2024-06-25T13:00:00Z"
}

🌍 Cross-Border Trade Finance

Letters of Credit

// Digital letter of credit
const lc = await client.finance.createLetterOfCredit({
  importer: 'did:stateset:importer:usa123',
  exporter: 'did:stateset:exporter:chn456',
  amount: '500000.00',
  currency: 'USDC',
  goods_description: '1000 units Model X widgets',
  shipping_terms: {
    incoterm: 'CIF',
    port_of_loading: 'Shanghai',
    port_of_discharge: 'Los Angeles',
    latest_shipment: '2024-08-15'
  },
  documents_required: [
    'commercial_invoice',
    'bill_of_lading',
    'packing_list',
    'certificate_of_origin'
  ],
  expiry_date: '2024-09-30'
});

// Automated document verification via oracles
const verification = await client.finance.verifyDocuments(lc.id, {
  documents: uploadedDocs,
  verify_authenticity: true,
  check_compliance: true
});

Trade Credit Insurance

// Parametric insurance for trade finance
const insurance = await client.finance.createTradeInsurance({
  policy_type: 'trade_credit',
  insured_amount: '500000.00',
  coverage: {
    non_payment: true,
    political_risk: true,
    currency_inconvertibility: false
  },
  buyer: 'did:stateset:buyer:xyz789',
  premium_rate: 0.015,
  coverage_period: {
    start: '2024-07-01',
    end: '2024-12-31'
  },
  payment_method: 'usdc'
});

// Smart contract automatically pays claims
if (paymentOverdue > 90 && verifiedDefault) {
  await insurance.contract.payoutClaim({
    amount: insuredAmount,
    recipient: beneficiaryWallet
  });
}

📊 Liquidity Pools & Yield

Liquidity Provider Program

// Earn yield by providing liquidity
const liquidityPosition = await client.finance.addLiquidity({
  pool: 'invoice_factoring_pool',
  amount: '100000.00',
  currency: 'USDC',
  lock_period: '30_days',
  min_yield: 0.08 // 8% APR minimum
});

// Response
{
  "position_id": "lp_3k8mRx7nQ9",
  "pool": "invoice_factoring_pool",
  "amount_deposited": "100000.00",
  "shares_minted": "100000.00",
  "current_apr": 0.095,
  "projected_yield_30d": "791.67",
  "risk_level": "low",
  "withdraw_available": "2024-07-25T12:00:00Z"
}

Yield Farming

// Stake LP tokens for additional rewards
const farming = await client.finance.stakeLPTokens({
  lp_token_id: 'lp_3k8mRx7nQ9',
  farm: 'state_rewards_farm',
  amount: '100000.00'
});

// Earn both:
// 1. Base APR from factoring fees (9.5%)
// 2. STATE token rewards (3.2% additional)
// Total APY: 12.7%

🔐 Security & Compliance

Multi-Signature Workflows

// Large transactions require multiple approvals
const largeLoan = await client.finance.createLoan({
  amount: '1000000.00', // $1M loan
  requires_multisig: true,
  approvers: [
    'did:stateset:officer:cfo',
    'did:stateset:officer:risk',
    'did:stateset:board:chair'
  ],
  threshold: 2 // 2 of 3 signatures required
});

// Approval workflow
for (const approver of requiredApprovers) {
  await client.finance.signApproval(largeLoan.id, {
    signer: approver,
    decision: 'approve',
    notes: 'Reviewed financials and risk assessment'
  });
}

Compliance Monitoring

// Real-time compliance checking
const compliance = await client.compliance.monitor({
  transaction_id: 'txn_abc123',
  checks: [
    'sanctions_screening',
    'aml_monitoring', 
    'kyc_verification',
    'regulatory_limits'
  ],
  jurisdictions: ['US', 'EU', 'UK']
});

// Automatic reporting
if (compliance.flagged) {
  await client.compliance.generateSAR({
    transaction_id: compliance.transaction_id,
    reason: compliance.flag_reason,
    submit_to: ['fincen', 'eu_authorities']
  });
}

🚀 Advanced Features

Parametric Insurance

// Smart contract insurance
const insurance = await client.finance.createParametricInsurance({
  trigger_type: 'oracle_data',
  coverage_amount: '100000.00',
  parameters: {
    weather_station: 'NOAA_SF_001',
    trigger_condition: 'rainfall > 5_inches_24h',
    measurement_period: '2024-07-01 to 2024-07-31'
  },
  premium: '2500.00',
  automatic_payout: true
});

// Automatic claim payment when conditions met
if (oracleData.rainfall > triggeLevell) {
  insurance.contract.payout();
}

AI-Powered Analytics

// Machine learning risk assessment
const riskAnalysis = await client.finance.analyzeRisk({
  entity: 'did:stateset:company:xyz',
  analysis_type: 'comprehensive',
  data_sources: [
    'financial_statements',
    'payment_history',
    'market_data',
    'social_sentiment',
    'supply_chain_data'
  ]
});

// Response includes ML-generated insights
{
  "risk_score": 78,
  "confidence": 0.94,
  "key_factors": [
    "Strong payment history (98% on-time)",
    "Growing market share in sector",
    "Diversified supplier base"
  ],
  "risk_factors": [
    "High customer concentration (top 3 = 60% revenue)",
    "Increasing raw material costs"
  ],
  "recommended_limits": {
    "factoring": "250000.00",
    "lending": "100000.00"
  }
}

📈 Performance Metrics

By the Numbers

Metric	Value	Industry Comparison
Funding Speed	2 minutes	Banks: 3-6 months
Transaction Cost	$0.01	Banks: $25-100
Default Rate	0.1%	Industry: 2-5%
Borrower Satisfaction	98%	Banks: 65%
API Uptime	99.99%	Enterprise standard
Processing Capacity	10,000 TPS	Unlimited scale

Success Stories

Manufacturing SME in Vietnam

Needed $500K to fulfill large US order
Funded in 3 minutes vs 3 months traditional
Saved $15K in fees (3% vs 6% bank rate)
Scaled production 300% in 6 months

Tech Startup in Nigeria

Factored invoices for immediate cash flow
Accessed capital without US banking relationship
Reduced payment cycles from 90 to 2 days
Reinvested in R&D and hiring

Invoices API - Create and manage invoices
Purchase Orders API - PO management
Loans API - Lending operations
USDC Integration - Native USDC support
Orders API - Order management

Ready to access capital? Start your application →

StateSet Commerce

​Finance API: Digital Trade Finance Infrastructure

​🚀 Quick Start

​💰 Core Features

​Instant Invoice Factoring

​Purchase Order Financing

​Collateralized Lending

​Cross-Border Payments

​📊 Trade Finance by the Numbers

​The Problem We Solve

​💵 Invoice Factoring API

​Factor Invoice

​Get Factoring Options

​Track Factored Invoice

​📦 Purchase Order Financing API

​Finance Purchase Order

​Get Financing Options

​🏦 Collateralized Lending API

​Create Loan Request

​Loan Management

​🎯 Automated Risk Management

​Credit Scoring

​Dynamic Pricing

​🌍 Cross-Border Trade Finance

​Letters of Credit

​Trade Credit Insurance

​📊 Liquidity Pools & Yield

​Liquidity Provider Program

​Yield Farming

​🔐 Security & Compliance

​Multi-Signature Workflows

​Compliance Monitoring

​🚀 Advanced Features

​Parametric Insurance

​AI-Powered Analytics

​📈 Performance Metrics

​By the Numbers

​Success Stories

​🔗 Related APIs

Finance API: Digital Trade Finance Infrastructure

🚀 Quick Start

💰 Core Features

Instant Invoice Factoring

Purchase Order Financing

Collateralized Lending

Cross-Border Payments

📊 Trade Finance by the Numbers

The Problem We Solve

💵 Invoice Factoring API

Factor Invoice

Get Factoring Options

Track Factored Invoice

📦 Purchase Order Financing API

Finance Purchase Order

Get Financing Options

🏦 Collateralized Lending API

Create Loan Request

Loan Management

🎯 Automated Risk Management

Credit Scoring

Dynamic Pricing

🌍 Cross-Border Trade Finance

Letters of Credit

Trade Credit Insurance

📊 Liquidity Pools & Yield

Liquidity Provider Program

Yield Farming

🔐 Security & Compliance

Multi-Signature Workflows

Compliance Monitoring

🚀 Advanced Features

Parametric Insurance

AI-Powered Analytics

📈 Performance Metrics

By the Numbers

Success Stories

🔗 Related APIs