URIHO, a subscription-based accounts receivable guarantee service provided by Raccoon Financial Co., Ltd., has signed a business matching agreement for customer introductions with Tsuyama Shinkin Bank Co., Ltd.
Tsuyama Shinkin Bank is a community-based financial institution that serves as a “partner of the Sakushu region, the General Consultation Shinkin Bank,” providing support to the concerns of local residents and helping to revitalize the local economy.
In addition, for customers who are struggling with new initiatives such as business efficiency and digitalization and are unsure of their effectiveness or how to use the systems, we provide detailed support by utilizing Tsuyama Shinkin Bank’s network to provide information, hold study sessions, and hold training sessions.
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In this business matching, we will provide the industry’s first subscription-based accounts receivable guarantee, “URIHO,” which solves uncollected accounts receivable due to delayed payments or bankruptcy of business partners, to customers of Tsuyama Shinkin Bank who have a need for this service. With reasonable fees starting from 9,800 yen per month and a simple product design, “URIHO” is an easy-to-use service even for small and medium-sized enterprises.
As small and medium-sized enterprises face challenges such as worsening cash flow, labor shortages, rising prices, and a lack of successors, Tsuyama Shinkin Bank will be able to offer a new accounts receivable guarantee service to cover the risk of non-payment, as a new proposal to enable companies to conduct transactions with peace of mind.
Raccoon Financial will continue to strengthen its ties with regional financial institutions and work to further expand the number of users of “URIHO.”
SOURCE: PRTimes