TurnKey Lender’s powerful invoice factoring software offers three different funding models:
Marketplace: With this model, a lender can choose which invoices to fund and which to ignore, depending on the risks calculated by the lending software, the returns, and the customer in question.
Financing program: Here a lender can set up a program of steady funding of invoices from a chosen business. This way a business can find an announced program and apply to either be approved or rejected.
Funding by rules: This model lets the lender specify a list of conditions (like industry, risks, amount, and term) at which they are ready to finance invoices. If a business complies, it can get funded automatically.