The program is supported by a pool of world-known investors with a reserve of $500M (USD). It's designed to help companies unfreeze their working capital from invoices awaiting payment.
Any Latin America-based exporter of furniture and furniture products, with a turnover of over $200 000 (USD) per year, that trades with buyers using deferred payments.
Is your company trading with deferred payments terms of 30-120 days, resulting in your working capital being frozen for months? We can provide immediate cash for some or all of your pending invoices. We will then collect the payment from your buyer on the due date, saving you time and money.
Access to finance of up to $10M (USD) per buyer, with funds sent within 48 hours as soon as two documents are signed.
The usual cost of financing is from 0.65% - 0.95% per month.