| Invoice Total | 50 000,- Kč |
| Financing by Auction up to | 45 000,- Kč |
| Invoice due date /days | 30 |
| Auction Fee * | 405,- Kč (+DPH) |
| Sent to the supplier's account | 44 510 Kč |
| Price of financing ** | 209 Kč |
| Surcharge after payment by the customer | 4 792 Kč |
| Total factoring costs | 1,23% |
* The auction fee is subject of currency and VAT.
** Total financing costs at an auction average interest rate of 5.56% p.a. The amount of interest varies according to the current market situation and investors' interest in paying the invoice.
Everything takes place online and it does not take you more than 5 minutes. All you have to do is have an identity card, a second document and a bank statement. We will send you the contract for signing by e-mail.
We will activate your supplier account after crediting a fee of CZK 100/ € 5,0 to our bank account. With this payment, you also sign the framework agreement.
Now you can upload the invoice and other documents and than request an auction.
Investors compete for your invoice by offering the lowest possible interest rates.
As soon as the auction is successfully completed, we will immediately send the required amount to your bank account.
After payment of the invoice by the customer, we send a surcharge less interest and fee to your account.
Because we can have more than one investor on one invoice, it is possible to finance larger invoice amounts.
Do not wait for the invoice to be due, you can have 90% of the amount in your account immediately. Thanks to this, you can immediately manage other orders and grow your business.
Your business information is not published in the auctions.
The length of the auction depends on the interest of investors and lasts a maximum of 3 days. You will receive money immediately at any time during or after the auction. It can't go any faster.
You pay 0.9% (cor CZK) of the pre-financing amount provided and the interest earned for investors. You do not pay any additional fees.
CRIF/CRIBIS rating, based on all available sources of information.
