Duales - ForMoreCredit

Duales
ForMoreCredit

Turn your current unpaid invoices into instant cash! Through an innovative and proven invoice discounting process Duales supplies the working capital to make your business grow.

How it Works

Duales provides your growing small business with short-term working capital financing through a “use it as you need it” invoice discounting program.

Our solution system is designed to be user friendly, incorporating the necessary framework of invoice discounting transactions into simple and straightforward documentation.

The principal documentation required by our program needs to be completed and executed once, prior to the initial funding transaction.

Once the Duales-client relationship is established and the initial documentation executed, the following SIX BASIC STEPS are needed to complete the first funding transaction:

STEP ONE: You deliver your goods and/or services to your customer.

STEP TWO: You create and issue an invoice for those goods and/or services.

STEP THREE: You offer to sell the invoice to Duales.

STEP FOUR: You advise your customer, the account debtor, of the transaction with a Notification of Sale.

STEP FIVE: Your customer, the account debtor, acknowledges to Duales that it owes the account debt obligation to you and agrees to pay the account debt directly to Duales (or a lockbox controlled by Duales).

STEP SIX: Duales completes the purchase of the invoice with a payment to you.

With your cooperation, we can complete an initial funding transaction in as little as five business days from the time of your first communication with us. Subsequent funding transactions can be completed in less than 48 hours – since, given our initial due diligence of your customer and the initial documentation executed, our process and documentation is streamlined.