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3232Invox Finance: A Blockchain Based Solution For Peer-to-Peer Invoice Financing
https://www.digit.info/invox-finance-a-blockchain-based-solution-for-peer-to-peer-invoice-financing/
Sat, 31 Mar 2018 01:48:09 +0000https://www.digit.info/2018/03/31/invox-finance-a-blockchain-based-solution-for-peer-to-peer-invoice-financing/Read more]]>Invoice Financing is a popular business function in small and medium businesses which are in an urgent need of cash. Invoice financing, for those who may not be aware, is a process which involves businesses selling off their invoices to third party financers in exchange for instant cash. These invoices are sold off to financers at a discounted price which they can later cash with the debtors to get the full value. For instance – you run a business which is to be paid $10,000 from it’s debtors, but the date of payment is about two weeks away and you
Invoice Financing is a popular business function in small and medium businesses which are in an urgent need of cash. Invoice financing, for those who may not be aware, is a process which involves businesses selling off their invoices to third party financers in exchange for instant cash. These invoices are sold off to financers at a discounted price which they can later cash with the debtors to get the full value. For instance – you run a business which is to be paid $10,000 from it’s debtors, but the date of payment is about two weeks away and you