Through this new lending solution, PSPs can now offer their merchant customers the facility of instant settlement of receivables due, without waiting for settlement cycles or invoice due dates.
As a next-generation provider of mission-critical banking infrastructure – from payments to lending – Banking Circle is providing PSPs with the tools to offer their customers a unique solution to the age-old business problem, that of managing cashflow. With Banking Circle Receivables Factoring, a lending decision is made instantly, online, enabling the merchant to receive payment immediately.
