ExpoCredit funds clients´ accounts by discounting account receivables/invoices. We discount invoices from companies in exchange for immediate cash, and then hold the invoices for collection on the due date. As soon as a vendor (the client) completes a service or delivers the merchandise, the invoice is forwarded to us for funding.

Once a client submits an invoice for funding, ExpoCredit takes less than 24 hours to fund the client's account with an advance payment, ranging between 70 to 80 percent of the face value of the invoice, via wire transfer to the client's bank account. As soon as full payment is received from the debtor, we return the invoice balance minus the factoring fees.