HOW IT WORKS
"The Levantor Solution is extremely simple!"
There is minimal new documentation required – less than ten pages. All of the existing commercial agreements between buyer and seller are untouched. Our technology platform provides all of the operations support that you could require. In many cases our solution will actually simplify your accounts payable/receivable process.
Our solution operates on a weekly basis:
Buyer or Seller provides us a list of all invoices and credit notes for the week in electronic format
Our platform verifies the invoices and produces a funding request for Buyer to sign physically or electronically
We pay Seller on the due date for the underlying invoices
We send a reconciliation of the payment to Seller
Buyer pays us on the agreed extension date
It really is that simple!