TessPay Forfaiting Services CO LLC (TessPay RECAP) will provide factoring services to Sales Agencies in respect of real estate commissions due on property sales made on behalf of major UAE real estate developers. At present Developers pay Sales Agencies commissions over terms of up to 90 days producing cash flow problems for the Sales Agencies and their agents. Partnering with banks, TessPay RECAP will secure funding to enable payment of commissions within a few days of invoicing.