The client will deliver goods or provide services to its customer. The client gives the assignment clause on the invoice which informs about the assignment and routing customer payments on behalf of the factoring company. The customer receives one original of the invoice and our factoring company receives the other original at the same time. We will pay to the client so-called advance payment of 70% to 90% of the nominal value of the account receivable. The rest of the account receivable is paid after the payment made by the customer.
