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How it Works

HOME / HOW IT WORKS

Invoice Investor

Invoice Seller

Sign up

Upon sign up of the investor, Pcore will ask for some verification documents to confirm the identity in order to protect invoice sellers.

Verified

Once investor is verified, they will be notified by email.

Invoice browsing

The investors can browse through the invoices and filter there searches from industry, invoice amount, star rating, Pcore covered, etc.

Bidding for invoice

Through Pcore’s web platform investors can bid on the invoices they find profitable and make counter offers to companies, in order to come to an agreement that suits both parties.

Pool investing

On some invoices pool investments will be available and investors can contribute a portion of the amount. To see the returns they would get for their investment the platform will have a calculation bar next to the invoice bidding page for them to see and access.

Review bids and finalise auction

Many offers will be made to the invoice seller by investors and this will be up to them to accept, negotiate or decline. After an agreement has been made both invoice seller and investor will finalise the auction and confirm agreement.

Payment to invoice seller

All transactions will be conducted in Pcore (PCC) which will be available from trusted exchanges, the investor will be obligated to pay the amount agreed.

Payback from invoice seller

When payment has been received from the invoice debtor, the invoice seller is obligated to give the full amount stated on the invoice to the investor on the day agreed. If a company is caught not paying back or deceiving investors there will be legal actions and recorded data from Pcore to protect investors.

Sign up

Upon sign up of the company selling an invoice Pcore will ask for some documents and gather information and analyse the company’s history, credit score and market. This extensive search allows Pcore to protect investors from fraud and bad investments.

Star rating

Company’s who have been through the process of analysis will then be rated out of 5 stars. With 1 star being the riskiest to 5 being the safest. This rating will essentially act as a guide for investors to invest carefully knowing the risks.

Invoice uploading

Once the rating has been made companies can then post invoices up for bidding. Up to 3 invoices can be posted at once, however companies must wait until they are bided off to post again.

Pcore cover

During the invoice uploading Pcore will give the invoice seller an optional cover, if selected and agreed on the rates that Pcore will charge for this service invoice sellers will have a guaranteed sell of the invoice. If payment from the invoice seller to the invoice investor is not paid on agreed due date, Pcore will pay the fund to the invoice investor. Thereafter take rights of the invoice and get the amount through our legal team.

Pool investment

Invoice seller will have the option to select making the investment available to many investors to come together to bid on the invoice, depending on the scale amount. Pcore’s trading platform will calculate the returns for the investors dependent on the amount they invest.

Review bids and finalise auction

Many offers will be made to the invoice seller by investors and this will be up to them to accept, negotiate or decline. After an agreement has been made both invoice seller and investor will finalise the auction and confirm agreement.

Payment from investor

All transactions will be conducted in Pcore (PCC) which will be available from trusted exchanges, the investor will be obligated to pay the amount agreed.

Payback from invoice seller

When payment has been received from the invoice debtor, the invoice seller is obligated to give the full amount stated on the invoice to the investor on the day agreed. If a company is caught not paying back or deceiving investors there will be legal actions and recorded data from Pcore to protect investors.