API Escrow

API Escrow
Product Description

Take the risk out of working with a new supplier with Savnedor's escrow service. This way you know that what you are paying for is what you will receive or your money back. 

The process is as follows:
- Companies agree to use escrow service
- Buyer and seller sign Savendor's escrow agreement
- Buyer deposits 100% of funds into escrow account
- Seller makes and ships API
- Buyer completes intake inspection testing
- If all specifications are acceptable, money is released
- If specifications are not acceptable, corrective procedures are followed or buyer is refunded.

Savendor

  • US
  • 2024
    On CPHI since
  • 1 - 24
    Employees
Company types
Academic/Research
Distributor/Import Export
Start-up
Primary activities
Ingredients Distributor/Buyer
Supply Chain
Technology
Specifications
  • Selling Points
    Ethical Sourcing; Guarantee/Warranty
  • Supplied from
    United States

Savendor

  • US
  • 2024
    On CPHI since
  • 1 - 24
    Employees
Company types
Academic/Research
Distributor/Import Export
Start-up
Primary activities
Ingredients Distributor/Buyer
Supply Chain
Technology

More Products from Savendor (2)

  • API Brokering - Small Molecule

    Product API Brokering - Small Molecule

    Savendor offers API brokerage services to connect you with our 160+ API manufacturer partners who make over 2500 different APIs. Our list of partners is constantly growing and we can access items that are not listed on our website.

    Use our escrow system at no cost when purchasing through Savendor a...
  • API Update Program

    Product API Update Program

    Know the market with our API Update Program. Savendor has developed this program to give your sourcing team the data they need to make the best API sourcing decisions quickly. Savendor will gather pricing, Certificates of Analysis, lead time, and capacity info from the manufacturers of any API. This c...