For tax invoices that I wish to obtain financing though MoolahSense, am I required to inform my debtor?
Typically, there is no such action required on your part. When the repayment of your note is due, you are just required to ensure that your debtor makes the payment to you so that you can transfer the monies to our account for us to facilitate the repayment to Investors.
MoolahSense may, based on our credit due diligence, occasionally require an Issuer (SME) to notify their debtor of the invoice financing and to arrange payment to be made into a designated account. In such an instance, MoolahSense will notify you of the additional requirements and the process to implement these requirements.