PURE NON-RECOURSE

Providing financial services, namely, purchasing invoices of customers and providing funding, namely, providing financing services; providing financial transactions in the nature of providing debtor financing services whereby a business sells its accounts receivable to a third party at a discounted rate as invoice factoring in order for the business to make present and immediate cash needs, wherein invoice factoring is described as an outright purchase of credit approved accounts receivables, with the factor assuming bad debt losses; providing financing services by making arrangements under which businesses take the responsibility of the credit control or protection and collection on behalf of its customers including the purchase of customers receivables when required, maintain the sales ledger, help with credit checks, generate financial reports, and bookkeeping related to such accounts receivables