Invox Finance Platform : Solving Cash Flow Problems for Small Businesses

One of my friends wanted to start a restaurant recently in a small plot which they own. But even for that, he needed a capital of around Rs. 5 lakhs. Since he does not have any significant security to show except the plot, almost all the banks have rejected his loan applications.

This is the case of just one small business.

Imagine how many such people across the country are facing the same problem, where they cannot transform an idea into reality just because of lack of funds?

There must be thousands of such people.

This is just a small example of how severe cash and cash flow problems can be for the small businesses.

Invox and its team identified this problem and decided to solve these problems for once and for all.

What is Invox?

Invox solves the cash flow problems for small businesses by connecting all the three participants of the market and creating a direct relationship between them, something which the traditional method does not do.

This is how Invox helps each participant :

• Sellers : Sellers are connected with individual investors directly who can finance their invoices. This allows them to cover up for their operational expenses while they are waiting to be paid by the buyers.
• Buyers : Buyers can get more time to pay for the sellers, thus helping them to grow as well.
• Investors : Investors can now get access to a territory which was mostly dominated by banks and finance companies. The investors can invest in a large number of small businesses across the globe and get a better-diversified portfolio.

In short, it balances and helps all the 3 participants and helps each of them grow!

How does it work?

Suppose, a seller has an invoice. Now, the amount of the invoice is quite large, and the customer is a new shop owner who is just starting his business.

He might pay some advance amount, but in this case, the seller will have to let the buyers some time before he can pay the full time.

Now, in the meantime, the seller has sold items worth a fortune, but the money is still to be reflected in his account. He has to keep up with the operational costs while that happens.

This is where many small businesses were crippled and were forced to shut down when they couldn't keep up with the costs.

But, Invox solves this problem.
The seller can get the amount from an investor, and the seller can return the money with the principal back to the investor once he gets that from the buyer.

The buyers can also pay to the sellers directly on the Invox platform, and Invox will then take care of all the math and do the rest for them.

It solves a complex problem of today's world, and helps businesses flourish!

Truly amazing!

About ICO

The INVOX token is the altcoin of the Invox platform.

464 million INVOX tokens will be created in total.

The ICO sale will begin on 3rd April, 2018.

For 1 ETH contribution, the users are entitled to receive 10,000 INVOX tokens plus any bonuses offered during the ICO period.

The maximum bonus that can be availed during this period is 20%.

Verdict

Small businesses across the globe face serious cash-flow problems. Many people cannot even start their first business due to these issues. Sellers are also scared of not being able to cover up their operational costs while they are waiting to be paid.

But, with Invox, these issues are history.
The investors directly finance the invoices of the sellers, so that they can cover their operational costs while the buyers pay them. At the same time, the investors can diversify their portfolio and help a large number of small businesses grow, while they earn as well.

Invox connects all the 3 participants, and helps them grow as they collaborate with each other!

Website: http://www.invoxfinance.io/
Whitepaper: https://invoxfinance.io/docs/Invox-Finance-Platform-White-Paper-Version-1.03-24-Jan-2018.pdf

Blog by ollivander7
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