THE INTERFACE FINANCIAL GROUP

How the IFG Solution Works

The Interface Financial Group^® provides your growing small business with short-term working capital financing through a “use it as you need it” invoice discounting program.

Our solution system is designed to be user friendly, incorporating the necessary framework of invoice discounting transactions into simple and straightforward documentation.

The principal documentation required by our program needs to be completed and executed once, prior to the initial funding transaction.

Once the IFG-client relationship is established and the initial documentation executed, the following SIX BASIC STEPS are needed to complete the first funding transaction:

STEP ONE: You deliver your goods and/or services to your customer.

STEP TWO: You create and issue an invoice for those goods and/or services.

STEP THREE: You offer to sell the invoice to IFG.

STEP FOUR: You advise your customer, the account debtor, of the transaction with a Notification of Sale.

STEP FIVE: Your customer, the account debtor, acknowledges to IFG that it owes the account debt obligation to you
and agrees to pay the account debt directly to IFG (or a lockbox controlled by IFG).

STEP SIX: IFG completes the purchase of the invoice with a payment to you.

With your cooperation, we can complete an initial funding transaction in as little as five business days from the time of your first communication with us. Subsequent funding transactions can be completed in less than 48 hours – since, given our initial due diligence of your customer and the initial documentation executed, our process and documentation is streamlined.