Money owed by a business to its suppliers or vendors for products or services received but not yet paid for.

Money owed to a business by its customers for products or services provided but not yet paid for.

The percentage of an invoice's value that CIRQL M advances to the client upfront.

A type of financing where a company secures a loan based on its assets, such as inventory or receivables.

The movement of money in and out of a business, crucial for daily operations and long-term growth.

Assets pledged by a business to secure financing, ensuring the lender has a fallback if the loan is not repaid.

The maximum amount of financing CIRQL M provides to a client, based on their financial strength.

The customer of a CIRQL M client who is responsible for paying the invoice.

The fee charged by CIRQL M for advancing funds against invoices, often expressed as a percentage.

A third-party company like CIRQL M that provides cash advances based on a business’s unpaid invoices.

A contract between CIRQL M and a client outlining the terms and conditions of invoice factoring.

The cost charged by CIRQL M for providing factoring services, typically a percentage of the invoice amount.

A report detailing the age of outstanding invoices, helping businesses monitor overdue payments.

A financing method where CIRQL M advances funds to a business based on their outstanding invoices.

The process of confirming the accuracy and legitimacy of an invoice before funding by CIRQL M.

The availability of cash or assets that can easily be converted to cash to meet short-term financial obligations.

A type of factoring where CIRQL M assumes the risk of non-payment by the client’s customer.

An individual or entity that is legally or contractually obligated to provide a payment or service to another.

An agreement where a lender provides funding that exceeds the standard borrowing base or collateral value, often to accommodate short-term needs.

A type of factoring where the business must buy back unpaid invoices from CIRQL M after a set period.

A portion of the invoice amount held back by CIRQL M to cover potential discrepancies or disputes.

A financial arrangement where suppliers receive early payments, funded by CIRQL M, while the client extends their payment terms.

Technology used by CIRQL M to protect sensitive data during transactions and communications.

The ecosystem of vendors that supply goods or services to CIRQL M’s clients.

A financing solution that optimizes cash flow for the entire supply chain, benefiting both buyers and suppliers.

The process CIRQL M uses to assess risk and determine financing terms for a client.

The funds a business has available for daily operations, calculated as current assets minus current liabilities.