Financing Invoices briefly.
What is Invox Financing?
Billing involves the purchase invoice from the seller. Traditionally, financiers agree to advance the money to the seller against each invoice. Buyers who buy seller products should then pay direct invoices to the financiers. This is based on the investor's purchase invoice from the seller. In return, the investor agrees to advance the money to the seller against each invoice. Buyers who buy seller products must pay direct invoices to investors. The global market for invoice financing is worth approximately US $ 2.85 trillion.
Invox Finance will charge processing and administration fees to the seller at 1.1% of the face value of each invoice registered on the platform. This must be paid in Invox Token. Most (about 91%) of this revenue will be used to reward buyers and sellers for verification and invoice payments. Invox Finance will charge processing and administrative fees to investors of 3.3% of each advance amount. This must be paid in Invox Token. The amount of Invox Token equivalent to 0.5% of each advance amount will be incorporated into the Invox Finance Insurance Fund. This funding mandate will accumulate and maintain buffers in Token Invox to provide self-insurance services to members and provide funds for recovery and enforcement of debt. Third parties who value the Invox Finance Platform (for example, credit rating agencies) may be charged for using the Invox Finance Platform. Third parties who wish to access the Invox Finance Platform to provide services to their users will be charged according to Invox Token.
Many businesses, especially small businesses, are involved in the supply of goods and services struggling to stay afloat due to cash flow problems. They can not meet their daily expenses and commitments because of the lack of regularly generated cash. Every business has different arrangements with various contractors and employees. Often businesses will receive payments for their goods and services every month, but in the meantime, it is necessary for them to meet weekly or weekly expenses, such as employee salaries. We will refer to an invoice financing facility, in which investors advance funds to sellers against invoices they issue as "invoice loans" or "invoice loans" or "loans"
All-In-One solution.
Project Team & Advisors:
Meet Invox Finance Team - Experts bring you loan invoices in blockchain.
Token Details:
Use Case:
Access: Join the platform as a seller by holding the Invox Token.
Rewards: Get a gift in Invox Token every time you verify or pay for an invoice.
Cost: Invox tokens are used by sellers and investors to pay their respective fees for access.
Token Type Utility Token
INVOX Token Ticker
Emission Level No new coins will be created after ICO.
Token Network Ethereum (ERC20)
Distribution Tokens will be distributed 14 days after the token sale expires.
Token Value 1 ETH = 10,000 INVOX + any bonus.
Decision:
A small business can speed up its cash flow by selling its invoice to a financier and in return, get cash immediately. Billing financing can be the best short-term financing solution, provided it is only used when funds are needed to flatten cash cycles periodically. The Invox Token will give the owner the right to access the Invox Financial Platform through the Trusted Participant Program. Participate in two stages of Invox Finance fundraising, you will be given the opportunity to purchase invox tokens at a discount.
Important links: -
Website: https://www.invoxfinance.io
Telegram Group: https://t.me/InvoxFinanceCommunity
Twitter: https://twitter.com/InvoxFinance
AUTHOR: jelambar111
https://bitcointalk.org/index.php?action=profile;u=1417970
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