Before you start

The application has four steps. Have the following information ready before you begin:

  • Legal business information — registered business name, entity type, tax ID (e.g. EIN or company registration number), business address, and estimated annual revenue
  • Applicant and ownership details — your name, address, email, and details of anyone who owns 25% or more of the business. A personal guarantee from the applicant is typically required as part of the financing agreement.
  • Online banking credentials — you'll be asked to securely connect your business bank account

How financing works with Alethium

Alethium partners with regulated financial institutions to provide trade financing to buyers. Our funding partners are responsible for underwriting, credit decisions, and providing capital. Alethium manages the transaction itself — including invoice creation, approval, payment timing, and visibility between buyers and sellers.

Note on the application flow: To complete your financing application, you will be redirected to our current capital partner's website (Slope) to fill in the details. Once you've completed the application there, you'll return to Alethium. This is a temporary step in the process — your credit limit and financing activity will be visible in Alethium once you're approved.

Step-by-step instructions

1

Enter your business information

Provide your legal business details, including registered business name, entity type, tax ID, business address, and estimated annual revenue. It's important that these details match your official records — especially your tax ID.

2

Provide applicant and beneficial ownership information

Enter your personal details as the applicant, and identify anyone who owns 25% or more of the business. Financial institutions are required to collect and verify beneficial ownership information as part of standard customer due diligence and anti-money-laundering regulations.

3

Authorize a credit check

You'll be asked to authorize a standard business credit review. This allows the funding partner to evaluate your business profile and determine an appropriate credit limit. The review is handled securely and used solely for underwriting purposes.

4

Connect your business bank account

In the final step, you'll connect your business bank account using Plaid, a secure service that links your bank so that funds can be disbursed and repayments processed reliably. You'll need your online banking credentials.

What happens after you submit

  • In many cases, approval happens quickly — sometimes within seconds
  • In some cases, additional compliance or verification checks may be required, and review can take up to a couple of business days
  • Once approved, your available credit limit will appear in Alethium and you can use it to pay suppliers on extended terms

Common questions

How long does approval take?
Many applications are approved almost instantly. Where additional checks are needed, it can take up to a couple of business days.
What is Plaid and is it secure?
Plaid is a widely used, secure service that connects your bank account to financial platforms. It does not store your banking credentials. Your bank may require you to approve the connection.
Why do I need to provide beneficial ownership information?
This is a standard regulatory requirement. Financial institutions must collect and verify this information as part of customer due diligence and anti-money-laundering obligations.
Where do I see my credit limit once approved?
Your available credit will be displayed in Alethium, visible when sellers create financed orders on your behalf.
Is a personal guarantee required?
Yes. The financing partner typically requires a personal guarantee from the applicant as part of the agreement. This means the individual signing the application is personally responsible for repayment if the business is unable to pay. Make sure the person completing the application has the authority to provide this guarantee.
Why am I redirected to a different website to apply?
The financing application is handled by our capital partner (currently Slope) on their platform. Once you complete the application there, you'll return to Alethium and your approved credit limit will be visible in your account. We're working to make this experience more seamless over time.

Still need help? Our team is happy to walk you through any questions you still have.

Contact support