If you receive advanced cash on a sold invoice, and the invoice is not eventually paid by your customer, you will have to refund the amount owed to the investor.

Because the finance you receive is recourse finance, in the event of non-payment by the trade debtor, the original invoice advance must be refunded to the buyers through the MarketInvoice platform.

The time at which businesses must refund the money to the buyer is called the Repurchase Date. The Repurchase Date is 45 days after the expected (rather than stated) payment date.