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<Page>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549





                                    FORM 8-K



                                 CURRENT REPORT
                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934



                         Date of Report: August 7, 2002



                       ACTRADE FINANCIAL TECHNOLOGIES LTD.
                     (Formerly Actrade International, Ltd.)




<TABLE>
<S>                                   <C>                       <C>
             Delaware                 0-18711                   13-3437739
   (State or other jurisdic-      (Commission File            (IRS Employer
    tion of incorporation)             Number)               Identification
                                                                 Number)
</TABLE>

                   7 Penn Plaza, Suite 422, New York, NY 10001
                    (Address of Principal Executive Offices)


         Registrant's Telephone Number: (212) 563-1036

Former Name or Former Address If Changed Since Last Report: Actrade
International, Ltd.






<Page>





Item 5. Other Events.

On August 7, 2002 the Company issued a press release related to the matters set
forth herein. That press release is incorporated herein in its entirety and a
copy is attached hereto as an Exhibit to this Form 8-K.

The Company has recently ceased the business operations of Actrade Resources,
Inc. ("Resources"), one of its foreign subsidiaries, which engaged in
international merchandise trading ("IMT") through the direct purchase and resale
of products from various suppliers. It is unlikely that Resources can resume its
prior IMT business. Consequently, management terminated four of the Company's
six foreign salespersons effective July 1, 2002.

A preliminary calculation indicates that for the fourth quarter ended June 30,
2002, total IMT segment revenue was approximately $1,220,000 ($1,191,000 for
Resources and $29,000 for Actrade International Corp. ("International") which
represents various U.S. manufactures and distributors by buying and re-selling
their products overseas) compared to approximately $8,850,000 ($8,822,000 for
Resources and $28,000 for International) for the same quarter last year. With
respect to the gross sales made by Resources during the fourth quarter of
approximately $59,850,000, Resources sold approximately $39,070,000 of IMT
receivables without recourse to third party financial institutions (leaving a
balance held by Resources of approximately $20,780,000) in order to protect and
safeguard its principal. The remaining $20,780,000 in Resources' IMT receivables
will mature over the next twelve (12) months.

In addition to the adverse impact upon Resources' revenues and profits, the
termination of the foreign salespersons will also adversely impact the future
revenues of Actrade Capital, Inc. ("Capital"), which engages in the E-TAD and
E-DRAFT Program. A preliminary calculation indicates that for the nine months
ended March 31, 2002, Capital foreign salespersons generated approximately
$18,641,000 in revenue representing approximately 72% of the total E-TAD revenue
for that period compared to $10,725,000 (approximately 65%) for the same period
last year. Capital had no TAD revenue generated by foreign salespeople in the
fourth quarter of fiscal 2002 compared to $6,304,000 for the same period last
year. The Company does not believe that the revenue derived from these
transactions will be repeated in subsequent quarters.

At this time, management is evaluating its alternatives regarding the
restructuring of Resources' operations and the future direction of that portion
of its business.

The Board of Directors of the Company has also directed the audit committee,
consisting solely of three independent outside directors of the Company, to
conduct an evaluation of, and make a recommendation to the Board of Directors
with respect to, anonymous allegations received by the Board that primarily
relate to possible irregularities and other alleged improprieties in the
Company's IMT business formerly conducted by Resources.








<Page>




Item 7.  Exhibits.

99.1 Press Release, dated August 7, 2002, issued by Actrade Financial
     Technologies, Ltd.






<Page>





                                   SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


Dated:  August 7, 2002     ACTRADE FINANCIAL TECHNOLOGIES LTD.


                                     By: /s/ Alexander C. Stonkus
                                         ----------------------------------
                                         Alexander C. Stonkus, President and
                                         Chief Executive Officer






<Page>





                                  Exhibit Index

Exhibit

99.1 Press Release, dated August 7, 2002, issued by Actrade Financial
     Technologies, Ltd.






</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>ex99-1.txt
<DESCRIPTION>EXHIBIT 99.1
<TEXT>


<Page>


                                                                [ACTRADE LOGO]

                                                                   RELEASE

Investor Contact:

Melissa Payne-Smith
Investor Relations Manager
Actrade Financial Technologies, Ltd.
(732) 868-3100 x211
investor_relations@actrade.com

   ACTRADE to continue E-TAD, E-Draft and ECC businesses despite the closure of
                Actrade Resources, one of its foreign subsidiaries

New York, NY - August 7, 2002 -- Actrade Financial Technologies, Ltd. (NASDAQ:
ACRT), a provider of financing, payment and processing solutions, today
announced the recent cessation of operations of Actrade Resources, Inc.
("Resources"), one of its foreign subsidiaries. Nonetheless, Actrade remains
committed to growing its domestic E-TAD business, its international E-DRAFT
Program, and the payment processing technology of its newly formed subsidiary,
E-TAD Clearing Center, Inc.

The Company does not believe that the revenue derived from Resources will be
repeated in subsequent quarters. At this time, management is evaluating its
alternatives regarding the future direction of the former Resources business.

Chief Executive Officer and President, Alexander C. Stonkus, commented, "There
is still tremendous opportunity that we see in both the domestic and
international arena for the expansion of our products. The Company has a strong
balance sheet and is focused on marketing its products, investing in the latest
technologies, and expanding product offerings to meet the needs of our
customers. We believe in the value of our payment solutions, financing and
technology and will continue to build our domestic and international client
base."

Actrade today also announced that the Board of Directors of the Company has
directed the audit committee, consisting solely of three independent outside
directors of the Company, to conduct an evaluation of, and make a recommendation
to the Board of Directors with respect to, anonymous allegations received by the
Board that primarily relate to possible irregularities and other alleged
improprieties in the Company's IMT business formerly conducted by Resources.

                                       ###

Except for historical information contained herein, the matters discussed in
this press release



<Page>


contain forward looking statements that involve risks and uncertainties which
are described in the Company's SEC reports, including Form 10-K for the period
ended June 30, 2001 and the quarterly reports on Form 10-Q for the periods ended
September 30, 2001 and December 31, 2001 and the period ended March 31, 2002.




</TEXT>
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