Simple .....
Acudeen is able to generate revenue by buying the invoices at a discount of 2% per month.
As an example, if a supplier has an invoice worth US$10,000 that’s maturing in 90 days, Acudeen would attempt to buy it for US$9,400 and as soon as the corporation fulfils the invoice, the start-up keeps the balance of US$600 as profit and then pays the bank for the credit line.
