Summar funds clients' accounts by discounting accounts receivable in the form of both invoices and purchase orders. For example, once a product or service corresponding to an invoice has been delivered, the Client forwards the invoice to Summar for funding. We discount receivables for immediate CASH and hold them for collection until the due date specified by the client.

Once the invoice and Bill of Landing (BOL) or Airway Bill is faxed or emailed, Summar will fund the clients' account within 48 hours in an advance payment of 75% - 85% of the invoice's face value. As soon payment is received from the client´s customer, Summar will then return the invoice balance minus the factoring fees.