smart factoring
Get paid for your invoices right away
Smart Factoring provides continuous access to funds from invoices. This allows you to immediately convert issued invoices into available funds for new orders and deliveries, without having to align your payments with third-party deadlines.
How Smart Factoring Works
Setting a plan and a limit
Together, we review your business and your current and potential partners to determine the total amount of financing.
Regular invoice issuance
You issue invoices to your customers as usual and upload them to the platform.
Funds in your account within 48 hours
You receive an advance payment (up to 90% of the total amount) immediately after each invoice is issued.
Full control
We keep track of payment deadlines, and you receive the remaining balance as soon as the customers transfer the funds.
Why Choose Smart Factoring
Protection against non-payment
We can offer credit insurance that also includes monitoring the financial health of your counterparties.
Less work for the accounting department
We handle communication with your customers regarding payments so you can focus on your business.
Constant cash flow
You no longer have to rely on your customers' payment schedules. You have immediate access to funds after every sale.
Smart or Xpress – which one is right for you?
Total invoice amount
How it works
Planning and Predictability
Type of business need
No fixed monthly minimum. The financial limit is determined individually for each client after an assessment
For continuous operation
Structured Financial Planning
A large volume of invoices
Total invoice amount
How it works
Planning and Predictability
Type of business need
Up to €25,000
Small and dynamic businesses
Maximum flexibility with no strings attached
For express financing of individual invoices
Frequently Asked Questions About Working with Smart Factoring
Can factoring help with international transactions?
Absolutely! International or export factoring is popular among companies that export abroad. Some even consider it a form of export insurance. In addition, it can provide cash flow support to bridge longer payment periods in commercial transactions and can help trade run more smoothly.
What's the difference? – Factoring vs. traditional bank loans
Faster processing, greater flexibility, and more control over funds make factoring an attractive financing option for businesses.
How does factoring collect payments from my customers?
At Smart Factoring, we prioritize professionalism and customer relationships throughout the entire payment collection process. As a factoring company, not a debt collection agency, we understand the importance of maintaining positive relationships with your customers. Our team is committed to handling payment collection in a professional and courteous manner. We act as your partner, working alongside you to streamline payment processes. Our goal is to ensure that your valuable business relationships remain intact.
What happens if my customer doesn't pay the invoice?
With recourse factoring, the business selling the invoices retains the credit risk. If the customer fails to pay the invoice, the business is responsible for recovering the amount. On the other hand, with non-recourse factoring, Smart Factoring assumes the credit risk. If the customer fails to pay, the business is not liable for repayment to the factoring company.
How is the advance payment process defined in a factoring agreement?
The advance rate in a factoring agreement is determined based on several key variables:
- Customer history: A history of timely and consistent payments from the customer to their clients plays a role in determining the discount rate.
- Customer payment history: The customer's payment history is taken into account when determining the down payment percentage.
- Your company's financial stability: The financial health and stability of the client's business are taken into account.
- Reliability of delivery/payment confirmation documents: The quality and reliability of the documentation confirming deliveries and payments do not affect the advance payment percentage.
- Client's Industry: Different industries may have different risk profiles, which affect the advance payment percentage.
If you can't find the answer to your question, you can contact our team for assistance and get more information.
Scale and Complete Security for Large Projects
Financing with no limit on invoice amounts
Protection Against the Risk of Nonpayment by Customers
Full control and transparency over your payments
