Financial Services - , ,
Who we are?==========- Founded in 2016, Novamondo is a Hong Kong and Shenzhen headquartered accounts receivable factoring and service provider. Our focus is to provide a cashflow solution for small and medium sized enterprises by unlocking immediate access to cash on outstanding invoices of up to 90% of face value. This allows the small and medium sized enterprises to more efficiently manage their working capital needs. What is factoring? ==============- Purchase of accounts receivable from seller so that the seller receives cash upfront and the factoring house takes on the credit risk of payment on that account receivable.Benefits of factoring?================- Immediate access to cash, up to 90% of invoice value- Cash collection service is outsourced to Novamondo, which frees you up to focus on growing their core business- Steady and reliable cash flow which makes managing expenses easier- Up to 100% credit risk protection- Strengthen your market competitivenessWhy choose Novamondo?====================- We have a strong balance sheet. We know that choosing a financial partner requires certainty of confidentiality, and ample access to funding. - We understand the Chinese and international capital markets. The founders come from years of experience operating in asset management, credit risk underwriting, investment banking, commercial banking, international factoring house, and credit insurance.- We are not a bank and hence able to provide a working capital solution that is flexible and fits your needs.How to contact us?Email: info@novamondo.asia