What is Invox?
Is an invoice lending platform disrupting a US $ 2.8 trillion industry. Lead by a stellar team with over $ 30 million of invoice financing behind them, Invox Finance is creating a decentralized peer-to-peer invoice lending platform that allows allow sellers, buyers, investors, and other service providers to directly connect, interact, share and distribute information.
Smart Contract Loan
Token Information
The cash flow is used to determine:
- Liquidity problems.
- Typical in companies because not necessarily because they are profitable does not necessarily mean that they have liquidity.
- Analysis of project roadworthiness and investment.
- Measuring profitability or business growth.
- Classification of cash flows.
- Operating cash flow: Cash received.
- Investment cash flow: Cash received or expended as investment expenses that benefit the business.
- Financing cash flow: Cash received or sold as loan payments, dividend payments.
But really what is the point of talking about cash flow, nowadays most businesses, especially small businesses, have to be investing so much in goods or services to be able to survive generally because of the big cash flow problem, since unfortunately they can't struggle with daily expenses and commitments, as there is a lack of cash money.
INVOICE LENDING INDUSTRIAL RESEARCH
INVOX FINANCE plans to tap the cryptocurrency market, this market has gained a lot in the last few years in terms of market capitalization which reached an all-time high of $180 Billion. Thanks to blockchain technology the finance industry has seen significant benefits from the use of smart contracts, legal and risk advantage, invoice lending process enhancement and establishment of trust among participants. INVOX FINANCE Will be able to tap $2.8 Trillion Invoice processing industry migrating to the blockchain technology, the start up confimed partners include ABR Finance a leading invoice processing company in Australia with a $30 Million track record in invoicing.
INVOX FINANCE ICO
INVOX FINANCE is powered by the Ethereum platform and will issue tokens known as INVOX Tokens. The value of 1 INVOX is 0.0001 ETH. INVOX ICO Hard Cap is currently set at 20000 ETH. INVOX FINANCE has a limited number of INVOX tokens and the maximum supply of the token will be 464,000,000.
Example
Bill has a small transportation contracting business and offers nationwide supply chain delivery service. Generally, your work is paid for between 30 and 90 days after your services are billed.
Which means that, on average, this can take 45 days. so that Bill finally gets his paycheck for every job.
Which means that, on average, this can take 45 days. so that Bill finally gets his paycheck for every job.
CONCLUSIONS
INVOX FINANCE really does tackle real-world problems in the financial industry – INVOX FINANCE decentralized platform will be a game changer where sellers, buyers and investors will connect and trade invoices. INVOX FINANCE has a great potential to solve problems in traditional invoice lending through transparency and risk mitigation, the project is managed by a group of specialized teams with vast experience in Invoice trading.
How It Works
The Seller.
Every seller aims to have the best price on their products or services in order to receive payments for the exchange of goods for money.
Steps to follow in a sale.
Steps to follow in a sale.
- There is an irresistible offer for buyers.
- The buyer obtains the product offered.
- The seller makes the invoice indicating the amount to be collected and the due date of the invoice.
This opportunity for the buyer is a big disadvantage for the seller compromising the cash flow.
In order to have a positive cash flow, sellers have had to apply for bank loans based on the outstanding invoices to be collected as collateral
In order to have a positive cash flow, sellers have had to apply for bank loans based on the outstanding invoices to be collected as collateral
New investment opportunity for investors
As of now, most of the investments made in the financing of invoices are made by large bank organizations. The invox financing platform will allow all types of investors to make investments in case of invoice financing.
Smart contracts will be responsible for directing funds from one party to another when their conditions are met. The terms and conditions of the loan will be codified in the intelligent contracts, providing all participants with the certainty that their terms and conditions will be enforced.
The Buyer
Reward work done
Every buyer is looking for quality, better price and credit, with this last point the buyer plays with the seller making the product sell and extending the payment time as much as possible, this is a big disadvantage for the seller because it has to resort to special funds to cover the outstanding money to be collected until the buyer cancels the invoice.
Token Allocation
The system will compensate buyers and sellers with Invox Tokens for invoice verification and payment.
. | . |
---|---|
Token | INVOX |
Bounty | Available |
Platform | Ethereum |
Accepting | ETH |
Minimum investment | 0.1 ETH |
Hard cap | 20000 ETH |
Country | Australia |
Whitelist/KYC | KYC |
Restricted areas | USA, China |
Problems in the Invoice Financing Industry
1.High interest rates
2.Lack of contact between parties
3.High risks
4.Lack of investment diversity
5.Disputes
6.Defrauding
7.Insolvency
Advantages of Invox
- Without barriers
Lower rates for sellers
Diversity for investors
Dynamic Invoices
Connecting Sellers to Investors
Fractional loans
Roadmap
Team
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