Winner of GCCI Awards
Date: Mar 22nd, 2019
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Typical Spot Factoring Transaction
Each transaction has three main parties: the company that sells the invoice, known as the Client; the company that will pay the invoice, known as the Client’s Customer (or account debtor); and the Forex that provides funding through its spot factoring service.
• Forex’s invoice factoring services are fast, and in fact, unmatched in the industry.
• You can decide what percentage of an advance you need.
• There are no long term contracts involved.
• There are no hidden fees.