Secrow has evolved to fill a growing void in the way money is passed between parties. The lack of certainty and growing rate of mistrust that are associated with credit risk management for the delivery of quality services and products has presented an opportunity for both the supplier and consumer.

There are growing incidences of misrepresentation in a number of major industries as reported regularly in media and news such as A Current Affair, The 7:30 Report, Good Morning Australia etc. How often do we hear of professional scammers taking advantage of unsuspecting victims on a daily basis? This type of deception has created the environment of mistrust.

The perception of prey amongst the elderly, the unsuspecting, the non-English speaking, and the inexperienced in dealing with suppliers in relation to expensive projects is extremely concerning. Whilst there is no singular answer to the consumers concerns of mistrust, quality of supply, and financial risk, Secrow can alleviate the majority of these problems allowing for the growth of positive relationships.

Suppliers of goods, Trades people, and Contractors also carry the same burdens within the day-to-day activities of their own business. The most significant and consistent supplier message associated with business risk relates directly to being paid for the services rendered. The costs associated with delayed payments such as legal, administrative, financial charges, downtime and factoring all retard business growth and potentially cause the collapse of operations.

At this time, payment options for tradesman/suppliers consist mainly of payment at completion or up front, progress payments, 7 - 30 day accounts and factoring. All of the above options only favour one or the other party to the transaction. Secrow has equal benefits to both parties, allowing for payment transparency and efficiency.