Evita uses its working capital to pay your suppliers in USD, EUR, or GBP in the US, Canada, UK, EU, Japan, South Korea, Hong Kong, Singapore, China, UAE, and other countries.
Here's the process:
1/ You pass the onboarding and underwriting process (KYC/KYB/AML).
2/ We sign a master factoring agreement.
3/ You send us invoices that you need to pay.
4/ We pay for the invoices.
5/ You pay us with a factoring fee.
Our infrastructure allows us to move money faster and cheaper than mainstream banks. Our typical fees are 0.4-1.5% depending on the volume per client.
Industries we primarily focus on:
— Vehicles
— Industrial equipment
— Tech companies.
Our typical transaction size: $100k-1m.