Liquidity and ease of mind: MODIFI pays you 80% of invoice balance right after shipment and takes over the credit risk – so even if the buyer defaults you do not have to go through the lengthy and cumbersome bank claims process which takes approx. 2-3 months with no guaranteed payment – tying up your liquidity for the whole duration.
MODIFI offers additional benefits such as flexible limits which increase over time, a more accurate advisory on your buyer’s creditworthiness through in-house credit underwriting, and a completely digital process which takes far less time and effort on your part.