Pool Types

Revolving Credit Line

This is a common credit product that approves the borrower for a certain credit limit. The borrower can borrow money and repay it, repeatedly, as long as they stay under the credit limit and make timely payments.

Receivable-backed Credit Line

The borrower is granted a credit line, but they must present a receivable for each borrowing transaction. This receivable must first be approved. Once approved, an advance rate (which is less than 100%) is applied to the receivable amount to determine how much the borrower can borrow using this receivable. This additional amount is then added to the borrower's available credit.

Receivable Factoring Credit

The borrower can factor a receivable by receiving an advance payment, which is a percentage of the invoice amount.