Sales of receivables or Receivable Financing is transferring the payment receipt from one party to another.
It is based on a company’s outstanding invoices on its buyers, that would generally come in 30-120 days. On sale the seller would get the payment upfront and investor would get at the end of credit period. This sale of receivables allows businesses to access funding against its debtor book, which is generally the company’s major asset. Cash is then available as soon as invoices are raised to be reinvested or used to run the business.
This type of finance enables the business to raise funds on the Platform without putting a collateral. This also provide the business with the facility of collection services from the expert credit management team. This not only enables businesses to focus on core function of growing its business but also relieve the companies from hassle of collection.
We are simplifying business payments with a competitive invoice finance that speeds up the receivables process, puts an end to wasted time and makes your cash flow faster. Try an invoice financing product, an alternative to routine finance, and have more power to buy inventory and pay your suppliers. Focus on growing business, making money, not chasing it.