What If The User Does Not Care If Companies Pay Late As Long As Bank Interest Or Factoring Charges Are Minimised, Could The Robin Hood System Automatically Take Care Of This?
Robin Hood could automatically transfer a percentage of the surcharges it levies to the user’s bank or factoring supplier. Additionally, the Robin Hood System would enable easy access to factoring services if required. The surcharges collected for late payments could be automatically credited to this service so that it too could cost the user nothing in interest payments. Financial institutions would be delighted with this form of Debenture security.
