ETR Digital
© ETR Digital 2026
167-169 Great Portland Street, London W1W 5PF, EnglandFlownote helps buyers, suppliers and financial institutions unlock working capital through a fully digital workflow for payment obligations.
Book a Flownote briefingIllustrative workflow and data
Create
WCN-0247
Sign
Digital note
Accept
Agreed terms
Transfer
New holder
Settle
WCN-0247
Payment details entered
The issuer records the agreed payment obligation in Flownote.
WCN-0247
Flownote connects buyers, suppliers, banks, lenders and investors through digital Working Capital Notes, helping businesses manage their working capital more efficiently.
Working Capital Notes are digital promissory notes and bills of exchange that help businesses improve cash flow without disrupting existing terms of trade.
Access liquidity tied up in payables and receivables through digital negotiable instruments.
Maintain or extend payment terms while supporting supplier cash flow.
Issue, accept, transfer, discount and settle Working Capital Notes through Flownote.
Payment details, signatures and changes of holder remain connected to the digital instrument through its lifecycle.
Northstar Components · Illustrative
Payment obligations
INV-8821
Buyer A
£720k
31d
INV-8860
Buyer B
£640k
43d
INV-8904
Buyer C
£440k
52d
Working Capital Notes
3 instruments
WCN-0247
Signed
£720k
WCN-0248
Accepted
£640k
WCN-0249
Transferred
£440k
Digital record
Audit trail
Instrument
WCN-0247
Agree the payment obligation and terms of trade.
Enter transaction details in Flownote.
Authorised signatories sign the digital instrument.
The relevant parties accept the payment obligation.
The lawful holder can transfer the Working Capital Note.
Discount the note with a lender when funding is needed.
Settle the payment obligation on the agreed terms.
Working Capital Notes help businesses of different sizes manage payments and receivables, while giving financial institutions access to short-duration trade assets.
SMEs
Working Capital Notes help growing businesses unlock value from receivables through an existing invoice finance facility or new sources of funding.
Mid-caps
Use digital Working Capital Notes to maintain or extend payment terms while supporting supplier cash flow and stronger trading relationships.
Large-caps
A scalable, repeatable digital instrument helps larger businesses unlock receivables, improve financing outcomes and work alongside existing treasury systems.
Lenders
Working Capital Notes give banks and non-bank lenders a structured, repeatable way to support clients. Choose exposures to fit your own lending strategy.
Banks and non-bank lenders use Working Capital Notes to support buyer and supplier financing. Each institution chooses exposures that fit its lending strategy.
Clear transaction documentation and a digital audit trail support the lender’s own review process.
Illustrative transaction view and data
Only the current holder and parties they authorise can access the Working Capital Note and its details.
Authorised parties apply electronic signatures through Docusign, with a complete and tamper-evident audit trail.
The lawful holder controls the instrument and can transfer it to another party. Flownote maintains a record of the instrument’s lifecycle.
Working Capital Notes open access to institutional capital and support funding on a transaction-by-transaction basis.
Replace paper-based processes with a connected workflow for issuing and managing payment obligations.
Support supplier cash flow while giving buyers greater flexibility over payment terms.
Discover how Flownote can help you manage payables and receivables, unlock liquidity and simplify your digital treasury workflow.