Taking consultancy does not mean you will have to award me.
Hold on! do not award me now, lets discuss on the application, lets see how it is going and take your decision.
We can start with small phase to check my performance is upto the mark or not, if you or your team required I will share me screen, you can verify my standard.
Invoice Trading- You do great work for your clients, but having to wait 30, 60, 90 or even 120 days for your invoices to be paid can put a lot of strain on your business. Invoice trading come into this situation to take care.
Basic Methodology- The seller uploads the invoice(s) onto the platform and sets their terms, for example:
Invoice value = £18,000 including VAT
Advance rate = 75% i.e. £13,500
Maximum cost of finance = 1.75% per month
Term = 60 days
The registered buyers, a mix of private and institutional investors, then make bids based on this information. They are provided with background information on the Seller, the Debtor and the transaction itself, including copies of the invoice and other relevant documentation.
How it will works:
1. Application- Need to register using financial information and latest bank statements. We may integrate Xero, Sage etc
2. Invoice Uploading
3. Verification - We will have to find out a process how we will do this
4. Send money back to buyers- Once verified, we’ll we need to sell invoices online. We will have to create the session for it.
I am ready to further discussion, let me know when we discuss.