|Direct netting||Multi-company netting||
Multi-company netting with claim assignment
|1. Upload sales ledger from time to time here.
| -||-||1a. (Optional) set a discount to your non-performing claim.|
| -|| -||1b. Receive proposal for claim assignment by e-mail. Confirm, if interested.|
|2. Receive a proposal for netting by e-mail. Confirm, if interested.|
| -||-||2a. Sign provided escrow agreement. The buyer of claim pays the claim assignment price to claimsnetting.com escrow (until netting is complete). |
|3. Send netting notice.||3. Sign provided netting agreement.|
| -||-||3a. Claimsnetting.com releases claim assignment price to the seller. If the netting does not close, claimsnetting.com returns the claim assignment price to the buyer of the claim.|
|4. Give the signed notice/agreement to your accountant for recording in the books.
| Fees|| || |
| Free|| 0.5% of each claim netted. || 0.5% of each claim netted + 2.5% of assigned claim (buyer pays, free for seller).|