For suppliers

Sell to export buyers who have already paid in.

With Veraloop by Agave Networks the buyer's money is held before you load, and your payouts are released as each step is confirmed.

The problem

Loading for a new buyer first is a gamble.

  • Supplier

    You load first and chase the money.

    Shipping to a buyer you have never met means loading and hoping. If payment never comes, you are chasing it across borders.

  • Supplier

    A new buyer's promise is not bankable.

    Export prices are better. But a new buyer's word does not pay your yard or your staff.

Six steps

Six steps. You are paid on proof, not on promises.

  1. Matched

    Buyer and verified supplier agree a contract: material, grade, tonnes, USD per tonne, dates.

    You see
    A buyer who is ready to fund.

    No money moved

  2. Funded

    The buyer pays in. The licensed escrow partner holds the money. Nothing goes to the supplier yet.

    You see
    Proof the money exists before you load.

    Held in escrow

  3. Yard check

    Material is photographed at the yard. AI checks type, grade and contamination against the contract.

    You see
    A pass against the contract, or what to fix.

    Still held

  4. Loading recorded

    4G cameras record loading into the container. Every clip is linked to the shipment.

    You see
    A payment stage released on recorded loading.

    Released on loading

  5. Shipped

    The bill of lading is issued. Shipping documents are checked against the contract.

    You see
    A payment stage released on shipping documents, not on the buyer's goodwill.

    Released on documents

  6. Delivered

    The container arrives. The buyer confirms against the evidence pack.

    You see
    The final payment stage released on delivery.

    Released on delivery

If the supplier misses contracted dates, any money still held goes back to the buyer. The exact stages are set in your contract.

Verified supplier

Yard checked · Camera live

Verified supplier badge

The verified supplier badge.

What it is

A badge on your profile that shows buyers your yard has been checked.

How you earn it

A yard check and a camera set up at loading. You get the badge before your first deal.

Why it matters

Buyers can see your yard has been checked before they fund.

Yard requirements

What you need at the yard.

Three things. We help with the setup.

  • A phone

    For photos at the yard and messages with our team.

  • A 4G camera at loading

    We help you set it up. It records loading into the container.

  • Export-grade material ready to ship

    Material that meets the grade in the contract, ready to load.

What you can sell

Steel scrap first. More materials follow.

The way a load is checked does not change with the material: photograph it, check it against the contract, record the loading, release on proof.

  • Scrap metal

    Ferrous and non-ferrous. The corridor we started on, from UK yards to Indian mills.

    Open now

  • Paper and OCC

    Old corrugated containers and mixed paper, graded from photos at the yard.

    Planned

  • Tyres

    Baled and shredded tyres, checked and filmed before they leave the yard.

    Planned

  • Plastics

    Baled plastics, checked for contamination before the containers are sealed.

    Planned

Early access

First suppliers get onboarding support from our team.

Early access is open. Your first deal is run with our team, so you are never working out the process alone.

I'm looking for reliable buyers
  1. We set up the loading camera with you.
  2. We run your first deal with you, step by step.
  3. You get the verified supplier badge before your first deal.

Questions

Questions suppliers ask.

Who holds the money?

A licensed escrow partner holds the buyer's money. Veraloop never holds it. It is released in stages, only when each step is confirmed.

When does the supplier get paid?

In stages, as each step is confirmed: on recorded loading, on shipping documents and on delivery. The exact stages are set in your contract.

What if the grade is wrong?

Every grade is checked against the contract before money is released. If there is a dispute after delivery, it is handled under the dispute terms in your contract.

How accurate is the AI grading?

Over 99% accurate in testing for metal type. Grades steel scrap with 93% accuracy. Estimates contamination within about 4 percentage points. Results from testing. Accuracy varies with conditions; every grade is checked against the contract.

What do I need as a supplier?

A phone, a 4G camera at loading (we help you set it up) and export-grade material ready to ship.

Which materials and markets do you cover?

Steel scrap first, such as HMS 1&2. UK yards selling to buyers in India and other markets. More materials and routes follow.

Is Veraloop live now?

Early access is open. Your first deal is run with our team. Tell us about your trade and we contact you within 2 working days.

What does it cost?

Early access is free. When you trade, Veraloop charges a small fee per completed deal. We will confirm the exact fee before you sign any contract. No hidden charges.

All questions and answers

Sell to buyers who have already paid in.