- Cycles in structuring and execution across LATAM, CIS and MENA
- Counsel scopes and closing-grade documentation
- Supplier and corridor contracts
- Settlement and waterfall executed against documents
We assemble buyer, supplier and capital around one real cargo, then run a gated, documented cycle to settlement. Deal by deal. Nothing pooled.
$0.5M–$5M cargo · one ring-fenced vehicle per deal · 75–120 day cycles · target 12–17% APR, priced per deal · CARTHO paid last
Per-deal targets, not guarantees, not an offer. Capital at risk. Professional and eligible participants only.
A mid-market buyer can see the cargo, the supplier and the margin — and still lose the trade. The operating layer is missing.
CARTHO is that layer — a participant that assembles the trade and makes it financeable. Not a marketplace watching from the side.
One ring-fenced vehicle per cargo. Hard stops on identity, documents and funds. CARTHO is paid last.
Our fee sits last in the waterfall. Under-recovery zeroes it before touching anyone's principal.
No management fee, no AUM charge, nothing earned while a deal sits idle.
2,052 tonnes of copper concentrate, Brazil to Tianjin, through all six gates. Funds never touch CARTHO — they move only when a gate's conditions are evidenced.
2,052 tonnes of copper concentrate at a Brazilian mine, a buyer in Tianjin. One file: route, economics, documents — before anyone talks financing.
Deal file assembled at intake: buyer, supplier, commodity spec, route, incoterms, economics, document checklist. No capital is approached until the commercial story is complete.
Both counterparties and every intermediary — identity, beneficial ownership, sanctions. The WHO light turns amber only when every party clears.
KYB/KYC with beneficial-ownership disclosure on every party; OFAC / EU / UN screening on counterparties, cargo, route and banks. Re-screened on any party change. No conditional passes.
A ring-fenced vehicle forms for this cargo alone. Title lives in its shipping documents; ~$1.86M sits in escrow no single party — CARTHO included — can move.
Corridor-specific vehicle per cargo. Title perfected via endorsed BoL / eBL, warehouse warrant or assigned receivables, held by the vehicle. Controlled escrow with independent release gates; no unilateral movement.
Independent inspection at load. The WHERE light joins WHO and WHAT — and only evidenced documents move money.
Inspection at load and discharge; title documents under controlled custody; warehouse and transit evidence tracked to the shipment. Double-financing stopped in document custody, not in software.
Across the crossing: cargo status, document state, price exposure, exceptions. The short hedge on the underlying is marked every day and unwound with the cycle.
Exchange-listed short hedge as a funding precondition — sized to the deal, marked daily. Cargo, documents, price exposure and exception flags tracked across the full cycle.
Documents against payment, all four checks green. The vault opens once, in order — CARTHO's fee last. Closed at a 13% gross spread.
Documented, auditable payment order: taxes and duties → capital principal → capital return → insurance and hedge costs → supplier → CARTHO fee (last) → residual to the vehicle. Under-recovery zeroes CARTHO's fee before touching capital principal.
The path this transaction followed is the path our six gates encode.
LATAM coffee (Colombia → Argentina) · copper to Asia · LATAM ↔ Europe · LATAM → Kazakhstan · Kazakhstan ↔ China · MENA → Europe.
Corridor-level disclosure only. Deal detail is shared under NDA with capital partners in the deal room. See corridor detail → · Walk through the cycle →
CARTHO never holds your money and never owns the cargo. Six mechanisms work without us in the room. A protection you cannot verify is marketing.
Four things can go wrong after funding. Each has a contractual catch — with its real status.
The vehicle still holds title. The cargo is sold; proceeds run the waterfall. Modelling in the deal pack, under NDA.
An exchange-listed short hedge on the underlying is a funding precondition — sized to the deal, marked daily, unwound with the cycle.
Per-shipment cargo cover is a funding precondition. Loss payee: the deal vehicle, never CARTHO.
Title lives in documents, not in software. The register is evidence, not custody.
None of these layers pay CARTHO. They pay the vehicle; the vehicle pays capital. Our fee comes last.
Disclosure widens as documents close — never before. Three levels, applied to every deal.
Nothing on this page claims more than the documents behind it.
Capital needs evidence. Traders need capacity. Suppliers need certainty. Partners need depth they do not have to build.
One vehicle per deal. Full disclosure before you commit — cargo, counterparties, documents, hedge. 75–120 days, not a five-year lock.
From $500, gated — not a public offering. KYC, jurisdiction screening, eligibility declaration, signed risk acknowledgement. Confirmed at onboarding, not at signup.
You bring the deal — buyer, supplier, margin. We bring structure, escrow discipline, syndicated capital and the settlement path. You keep the trading relationship.
Suppliers — verified buyers, escrow-backed payment, no crypto paperwork. Partners — corridor knowledge or client access, connected to repeat flow.
The edge is not capital — capital is available. The edge is the operating depth that makes a difficult trade financeable and repeatable.
The network widens on settled evidence, not on a calendar. What runs, what scales, and what stays gated on counsel.
Moving mid-market cargo, allocating short-duration capital, or building a channel that needs commodity depth — the conversation starts with a real trade.
Gated, not public. Jurisdiction is screened first — if we cannot offer where you are, this stops here and no details are collected.
Tell us what you are bringing — a cargo, a mandate, a supply flow or a channel. We will tell you where it fits, or that it does not.