CROSS BORDER FACTORING
CROSS BORDER INVOICE DISCOUNTING is an online multi-currency invoice exchange platform connecting businesses and private funders. It is financing option available for cross border trades which allows companies to finance their trade receivables by selling them to private buyers, on the other hand, it gives private funders the opportunity to optimize and accelerate returns on their capital.
Our lending partner is a marketplace, where suppliers can sell their invoices online directly to individuals or companies willing to purchase them. As a result, the Supplier obtains cash in exchange for a discount rate paid to the Funders of the invoices.
Funding Range - $25k - $2 million
Term Range - UPTO 90 days
Interest Rate: 11-14%
Interest Range - 16-18%
Security Required - ESCROW of Invoice Receivables