453. FACTORING WITH CRYPTO CURRENCY

FACTORING WITH CRYPTO CURRENCY

April 27, 2022

Entities that have CRYPTO CURRENCY that is trading on platforms may provide it through https://www.change2100.com/THIBMART/DIRECTORY-1/contents/en-us/d84_-29.-FIDES-JVA-TEMPLATE.html (“JVA”) or https://www.change2100.com/THIBMART/DIRECTORY-1/contents/en-us/d125_30.-USPES-JVA-TEMPLATE.html (“JVA”) for use in factoring.

A market for factoring has been developed through https://www.change2100.com/THIBMART/DIRECTORY-1/contents/en-us/d130_124.-HOWSE-IBOE-WITH-CLEARING-BILL-PAY.html (“HOWSE IBOE”) issued for various reasons.

To be valid, the https://www.change2100.com/GTD/contents/en-us/d3770_372.-CLEARING.html (“CLEARING”) clause of a HOWSE IBOE must be executed.

For CLEARING, a HOWSE ASSOCIATE may co-sign a PURCHASE ORDER issued by a HOWSE AFFILIATE to OCHO LB, S.A. DE C.V. (“OCHO”), for coffee or for gold, providing PROOF OF PAYMENT CAPABILITY.

OCHO may provide an INVOICE to the HOWSE AFFILIATE.

OCHO may repurchase the coffee or gold from the HOWSE AFFILIATE, with a co-signed PURCHASE ORDER, and the HOWSE AFFILIATE may issue an INVOICE to OCHO.

Both INVOICES may be presented to the JVA to be factored, requesting 50% value of the amount to be paid for each INVOICE; and, when an INVOICE is satisfied, the amount paid for the factoring would be recovered, plus an additional equal value as profit for the JVA.

Similarly, INVOICES from other entities may be presented to the JVA for factoring.

However, the CRYPTO would not be spent or depleted in the process; rather, the CRYPTO would be leveraged through the JVA to obtain funds that would be used to pay for the purchase of the INVOICES by the JVA.

For more information send an email to crypto-factoring@change2100.com