Once the IFG-client relationship is established and the initial documentation executed, the following SIX BASIC STEPS are needed to complete the first funding transaction:
You deliver your good and/or services to your customer.
You create and issue an invoice for those good and/or services.
You offer to sell the invoice to IFG.
You advise your customer, the account debtor, of the IFG funding transaction with a Notification of Sale.
You customer, the account debtor, acknowledges to IFG that it owes the account debt obligation to you and agrees to pay the account debt directly to IFG (or a lockbox controlled by IFG).
IFG 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 our initial due diligence of your customer and the initial documentation have been executed, our process and documentation are streamlined.
Contact Us today for more information on how the IFG Solution can work for you.
This information is not intended as an offer to sell or the solicitation of an offer to buy a franchise. We offer franchises solely by means of our Franchise Disclosure Document. Certain states and foreign countries have laws governing the offer and sale of franchises. If you are a resident of one of these states or foreign countries, we will not offer you a franchise unless and until we have complied with all applicable legal requirements in your jurisdiction.