No, invoices that are disputed or potentially disputed cannot be sold to MODIFI. We require that the invoices you sell to us are free from disputes to be eligible for financing.
What happens if a dispute arises after financing?
If a dispute with your buyer arises after we have financed the invoice, we have a couple of solutions to handle the situation:
Settlement with Next Invoice: We may settle the outstanding disputed amount using the proceeds from your next invoice.
Direct Repayment: Alternatively, you may choose to repay MODIFI directly for the disputed amount.
Our goal is to keep the process as straightforward and manageable as possible, ensuring minimal disruption to your business operations.