I am a Seller using MODIFI
- What is MODIFI Seller Finance?
- How does it work for sellers?
- What are the benefits of MODIFI seller financing?
- How do sellers repay financing?
- Will my buyers be contacted by MODIFI?
- Does MODIFI require any collateral?
- Which currencies does MODIFI support?
- What happens if I receive the money of my buyer directly
- What happens if my buyer does not pay? How do you define default? What is my max loss in this case?
- What if there is an adjustment to the invoice amount once it reaches the buyer? How do you manage that?
- What happens in case of dispute? What is the process?
- Can I upload House BL/FRC to receive payments?
- What if there is an adjustment to the invoice amount once it reaches the buyer? How do you manage that?
- In which currency is the payout?
- Do you finance transactions where the buyer pays a partial cash advance?
- I only offer pre-payment or D/P terms to my buyers, or I require LCs, why should I consider MODIFI Seller Finance?
- Does MODIFI offer pre-shipment finance? I need the money to finance my purchases.
- Will you share my buyer information or financials with anyone else?
- How is MODIFI Seller Finance different from other factoring solutions?
- How can I track payments by my buyer to MODIFI?
- Can I collect payment from my buyer on MODIFI's behalf? Can my buyers pay me directly ?
- How quickly can MODIFI send payments to me?
- Do my buyers need to sign up with MODIFI?
- How long does it take to approve my buyers?
- Which countries are supported for buyers?
- What are the requirements for a buyer to be eligible?
- What are the minimum requirements for a seller to work with MODIFI?
- How are my fees structured?
- What is non-recourse bill discounting?