We operate an online factoring marketplace where small, medium, and large companies (sellers) meet Bidders (factors) to sell collection rights (electronic invoices) through auction processes.
How are receivables discounted in aklara factoring ?
Suppliers select the invoices they want to auction and set the maximum rate at which they are willing to discount their documents. Auctions are made up of accounts receivable from the same debtor, with the same payment date and currency.
01
Bidders receive an invitation to the auction and participate by setting the amount and minimum discount rate at which they are willing to purchase receivables from Suppliers.
02
The market finds the equilibrium point between supply and demand and determines the winning Bidders in the auction based on the bid rates.
