What document obligates the corporate to pay the Financier, how does debt transfer happen?

Created by Linda Atuh, Modified on Wed, 8 Apr at 9:49 AM by Linda Atuh

- Debt transfer takes place through a Deed of Assignment (DOA) on the platform, following which a Notice of Assignment is also generated

- In the Master Buyer Agreement signed by the Corporate, the Corporate undertakes to pay the Financier on the due date

- A platform-generated Notice of Assignment also confirms the Buyer’s obligation to pay the Financier