About
GENIEUM
We have built our digital platform with technologies from some of the world’s most advanced companies while meeting highest industry standards of information technology, data and privacy security.
Our Mission and Vision
Our mission is to provide simply better trade credit terms for B2B trade.
Our vision is to improve business cash flow and growth, globally, by reinventing the use of trade credit in recurring B2B trade.
About Us
With an experienced team, global ambitions and a culture of innovation and partnership – we deliver trade credit solutions that strengthen business communities with better cash flow and growth.
Genieum’s secure, compliant and scalable enterprise grade platform is cloud native, microservice based, built on AWS hosted infrastructure.
01. How is Genieum different to factoring or lending?
Good question. Genieum is neither factoring nor lending. Genieum provides suppliers and their buyers with better trade credit. We affect the transfer of title to goods and services from the supplier to the buyer and in that process, we pay suppliers upfront for their outstanding invoices and re-invoice buyers with our 45 days interest-free and up to 120-day payment terms.
02. Do I need any special licences or government approval to promote Genieum?
No. Once accredited by us, you will have everything you and your organisation require to promote Genieum to your clients. We are fully compliant with all applicable laws and regulations.
03. What is the Certified Trade Credit Partner (CTCP) Program?
Yes. We rely on our accredited Partners so it is our job to support you. The better we deliver support the more successful both our businesses become. You will get access to professional development programs that will earn you PD points and equip you to effectively promote Genieum to your clients. You will have a dedicated Account Manager.
04. What rates of commission does Genieum pay?
Our commission rates are very generous and depend on the volume of business your clients account for. Generally, rates are between 1.50-2.00% p.a. This equates to $15,000 to $20,000 p.a for each $1,000,000 trade credit balance outstanding. Further details will be provided on enquiry.
05. Will my client information be safe and kept confidential?
Yes. We comply with all data security laws, like GDPR and the equivalent in all countries we operate in. In terms of confidentiality, your clients are yours. We do not share information, and we do not let any other Partners see your client prospects.
06. How do I know if my clients are suitable?
Good question. If your client has a B2B business model (meaning they sell to other businesses on invoice payment terms (aka trade credit terms)) and they have been trading successfully for at least 12 months, then they would be eligible for Genieum. We have clients of all sizes operating in all industries.
Our Team
We are always looking for talented individuals to join our team
Brad Prout
Founder and CEO
Brad is the founder and CEO of Genieum
Brad Prout
Founder and CEO
Brad has over 30 years’ experience in financial markets, specialising in SME credit and receivables financing.
Brad has established and run many small businesses as well as held executive positions at major global corporations including Bankers Trust Australia and Swiss Bank Corporation.
Brad leads an experienced and dedicated team of professionals with core competencies in technology, finance, credit and accounting.
Brad and the Genieum team are driven by a shared vision to improve the cash flow and growth prospects of businesses across the world by reinventing the use of trade credit in recurring B2B trade.
Brad is based in Sydney and together with his team, supports customers and partners across all major market time zones.
Customer Stories
Better Trade Credit
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Better Trade Credit
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Better Trade Credit
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Better Trade Credit
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In The News
Use Geniuem. Simply better trade credit
Whether you are selling and/or buying on trade credit terms, you need Genieum
