Invox Finance works much the same as invoice financing but operates within the blockchain. So what is invoice finance?
“Invoice financing is a way for businesses to borrow money against the amounts due from customers. Invoice financing helps businesses improve cash flow, pay employees and suppliers, and reinvest in operations and growth earlier than they could if they had to wait until their customers paid them. Businesses pay a percentage of the invoice amount to the lender as a fee for borrowing the money. Invoice financing can solve problems associated with customers taking a long time to pay and difficulties obtaining other types of business credit.”
What problems does Invox Finance cover? Well we have the following:
- No direct contact
- Invalid invoices
- High legal costs
- Defrauding
- Disputes
- Insolvency
With Invox planning we solve all of these problems via a platform where all of the parties - sellers, buyers and investors are directly connected. Invox has all the following benefits:
- There are no barriers
- Lower Rates for Sellers
- Diversity for Investors
- Dynamic Invoices
- Connecting Sellers to Investors
- Fractionalized Loans
So who is going to use Invox Finance Platform?
- Sellers who have invoices they want to sell to accelerate their cash flow.
- Investors seeking higher rates of return.
- Buyers who will receive extended invoice payment periods.
Added to this Invox Finance will issue tokens which will be the key to the platform.
Join as a seller using Invox Tokens to pay for your membership to the Trusted Member Program.
Rewards Get rewarded in Invox Tokens whenever you verify or pay invoices
Become an early adapter and take part in the ICO, and enjoy all the benefits this will provide you.
InvoxFinanceTokenSale
Fantastic work, great post
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