Our solution aims to provide the following benefits:
How it works
Traditionally:
This arrangement is not ideal for neither the buyer, nor the seller, because:
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The supplier, almost always, wants payment immediately; and
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The buyer, which in this example pays 60 days, would prefer to pay, in say 90 days and is always looking to improve its working capital.
Our Solution:
Flow provides the platform to facilitate early payments between the Supplier, the Buyer and the Financier.
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Supplier has delivered the goods
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Promissory note issued to the bank,
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Bank pays supplier same day less negotiated contingency reserve.
The Buyer pays the bank the amount agreed upon in the promissory note, in the agreed time (this example uses 90 Days.
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Day 90, Buyer pays the bank full invoice amount
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Bank pays Supplier reserve less discount rate and Flow Finance rate.
