In this transaction, the client transfers his invoices to GO2 Fintrade to manage the collections process. You can access up to a 90% advance on those accounts receivable and thus convert long-term sales into cash sales. When the end client pays on the factored invoice due date, GO2 Fintrade will transfer the difference to the customer immediately through our automated system. This Factoring Funding Solution can help you fund your business by unlocking the power of your accounts receivable.
Within the product offering, GO2 Fintrade specializes in national and international factoring to help smaller companies finance B2B operations. Internationally, we are deeply knowledgeable in the emerging markets of Latin America as they require financing facilities for their exports to the US and Europe.
In this transaction, we will proceed to fund your initial advance based on the invoices submitted, the advance funding will vary from 80-95% of the factored invoice value. Clients and Suppliers complete transactions efficiently on our secure platform and Go2 Fintrade funds within 24 to 48 business hours.