Invox Finance – Invoice Financing on a Peer-To-Peer Basis

What is Invox Finance?

Invox Finance is a decentralized peer-to-peer invoice lending platform that allows sellers, buyers, investors and other service providers to directly connect, interact, and share information. Invox Finance was founded by ABR Finance Pty team member. Ltd., an invoice finance company based in Australia. This platform will improve financing traditionally where the investor who buys the invoice from the seller and advances funds against it has no direct relationship with the buyer. Financiers only trust the information provided by the seller. Consequently, the relationship between the seller and the buyer is not entirely transparent to the investor and therefore exposes the financier to a considerable risk of an unpaid invoice as agreed or disputed.

The Invox Finance platform will provide solutions for traditional invoice financing by implementing systems where trust and transparency between all parties are developed through a non-existent reward system. In addition, the implementation of transactions and information flows will not depend on a single centralized service provider but is governed by a transparent set of rules implemented on a fully distributed ledger.

Invox Finance User

1. Investors who provide capital through capital purchase invoices from sellers, aim to seek higher returns and diversify their investment portfolios.
2. Sellers who have an invoice to sell, the purpose is to accelerate their cash flow circulation.
3. The buyer receiving the financing invoice from the seller, the main purpose of the extended invoice payment period by the seller, thereby optimizing the buyer’s cash for their cash flow position.

Invox Finance Model

This platform will completely eliminate the need for financiers involvement by linking businesses that want to accelerate their cash flow through sales of seller invoices, directly with investors who want to finance the invoice.

Invox Finance Token (INVOX)

The Invox Token is a token that runs on the ERC-20 standard Ethereum network. Invox Finance Token offers services to sellers Through the Trusted Members Program, each seller will be required to withhold certain Invox Token to gain access to higher invoice financing rates. Invox Finance will also reward buyers and sellers with Invox Tokens for verification and invoice payments.

Invox Finance has rolled in the sale period of the INVOX token, you can contribute to that period on the http://www.invoxfinance.io portal. Here’s the sales structure of the INVOX token.

Conclusion

Invox Finance has provided an invoice financing modernization that will facilitate investors, sellers, and buyers in transactions. This financing model is supported by the INVOX token that will grant the seller access through the Trusted Members Program, each seller will be required to hold certain Invox Token numbers to gain access to higher invoice financing rates.

{Website}{Whitepaper}{ANN Tread}{Twitter}{Medium}