We buy all outstanding invoices from SMEs and freelancers if the value is above €5,000.
We charge 3-5% of the invoice value, excluding VAT. The rate depends on the payment terms of the debtor (30, 45, or 60 days) and the chosen package.
- Paid within 24 hours;
- Paid within three days;
- Paid within five days.
We take care of the collection and the risk of non-payment completely. Before we take over the invoices, we carefully assess the debtor's creditworthiness. You only need to keep an eye on the debtor's financial situation.
We do not inspect loans for freelancers or businesses. We only review the debtor.
Factoring is selling your unpaid invoices to a factoring company for immediate cash flow, while a bank loan involves borrowing money from a bank and repaying it later with interest.