Nabis Capital
Sell your Net-terms invoices for cash
Invoice factoring in a user-friendly interface, directly integrated into the Nabis wholesale portal. Never wait for payments before starting your next batch of production.
Get StartedSell your Net-terms invoices for cash
Invoice factoring in a user-friendly interface, directly integrated into the Nabis wholesale portal. Never wait for payments before starting your next batch of production.
Get StartedClick Button. Get Cash.
Nabis delivers your order to a retailer on credit terms. Request invoice factoring with the click of a button.
Nabis advances you a portion of the invoice amount (e.g. 70%), less distribution and factoring fees, on a non-recourse basis.
Nabis is responsible for collecting the payment from the dispensary when due and pays you the remainder of the invoice (e.g. 30%). The risk of collection and default is borne by Nabis.
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Factoring means that we will purchase your outstanding sales invoice with a retailer after the sale and delivery has been made. Taking title means that Nabis will purchase your inventory itself, and subsequently sell it to the retailer.
Nabis Capital can provide factoring of ~70% of the retailers in California. The Nabis Credit Tier indicates which retailer invoices may be approved, with retailers rated Excellent, Good, and Fair generally being approvable. Retailers with Weak and Poor credit ratings are generally not factorable.
Eligibility for factorable retailers is based on Nabis' proprietary credit model which incorporates data points from every single transaction with a retailer. We evaluate retailers' payment behavior, among other factors uniquely available to Nabis Capital, to assign retailers to Credit Tiers. Those Credit Tiers may be viewed by all brands in the Accounts tab and in New Orders, as well as the Capital tab for brands with active factoring agreements.
Nabis Capital offers factor rates based on initial underwriting and due diligence. We typically offer 3.00% rates for non-recourse factoring for a "Net 30" sales invoice (most common). Rates may be as low as 2.25% on shorter invoice terms, and higher for longer-term invoice terms.
Non-recourse factoring means that after Nabis Capital takes assignment of your receivable, there is no direct recourse to the brand. Limited, defined instances such as disputed invoices or retailer default may require repurchase of the receivable by the brand.
A term loan is a lump sum of cash given to you with business assets typically providing collateral security to lenders. Factoring is upfront cash to purchase the accounts receivable off your Balance Sheet on an invoice-by-invoice basis.