Under the Accommodation Factor agreement, the host must:
- Submit a copy of the confirmation of the book to be factored
- Submit verified payout details from the accommodation platform
- Update the payout details on the platform to reflect the payment information provided by Accommodation Factor.
- Send us a screenshot to confirm the updated payment details.
This ensures that, at the end of the factoring period, the accommodation platform pays the full invoice value directly to Accommodation Factor, eliminating repayment risk from the host.
Approval & Funding
Once approved:
- Accommodation Factor advances the net payout amount, less applicable factoring fees
- Funds are paid to the host within 24 hours of receipt of the booking confirmation and other required details.
- The host continues to provide accommodation services as normal
Repayment Structure
- Repayment is made directly to Accommodation Factor by the accommodation platform, not by the host
Factoring Periods
- Factoring is conducted on a booking-by-booking basis
- Maximum factoring period: 60 days
Agreement & Compliance
All participating hosts are required to sign a Factoring Agreement, which outlines:
- Payment terms
- Applicable factoring fees
- Assignment of payout rights
- Platform payout redirection
- Risk management and compliance provisions