Companies (Suppliers), that seek to fund their working capital, use Daskapital’s platform to antecipate the payment of their receivables and upload the invoices they wish to sell and anticipate, providing all necessary information and documents.

The invoice selling company clients (Clients), who are the invoice payers, are notified and validate the invoice.

Based on the analysis of the information provided by the Suppliers and independent third-party financial information, Daskapital assesses the risk and approves each operation, providing all necessary risk assessment information to the Investors, namely a risk score. (Daskapital may also reject the operation, ask for additional information or conditionally approve an operation, for example demanding credit insurance).

Upon approval, a limited-time auction is created in which Investors choose to make offers to buy a part of the invoice, deciding how much to invest and their minimum interest rate.

When an auction is successfully completed and the final financing conditions are established, the Supplier gets funded and receives the value of the invoice minus the investor’s interest upfront. The investors also receive their interests upfront.

At the invoice maturity (for example in 60 days), the Clients pay the invoice in full and the Investors are refunded of their investment.