Invoice Factoring
Request Network supports Invoice Factoring, thanks to the RequestNFT.
The workflow is the following:
- Create a request
- Request is approved for payment
- Mint a RequestNFT
- Sell the RequestNFT for a fee (to a Lender or an NFT Marketplace)
- When the request is paid, the money is sent to the owner of the RequestNFT
This effectively allows you to receive money in advance for a future invoice.
Last modified 4mo ago