Factoring
Get your invoices paid the same day with factoring
Invoice financing is an alternative financing method that allows you to get the money for goods and services immediately, without having to wait for buyers to pay on the agreed term.
Advantages of invoice factoring
Protect your working capital
You don’t have to use your working capital to pay for unpaid invoices and overdue payments.
Easy to set up
We will take care of the administration of invoices.
Save time
You only need to upload your invoices.
Speed
You will get money for your invoice in 1 hour after uploading.
Flexible
A tailor-made solution for every type and size of company.
Safe
In case of insolvency, insurance covers the invoice.
What do we offer?
- No minimum amount of invoices
- Interest from 0,75% per month
- Invoice financing limit up to €3.5 million
- No collateral required
- Financing up to 90% of invoice value
- Delayed payment term of up to 180 days
How does it work?
01
The Seller sells the products or provides the services to the Buyer and issues the invoice with delay (30-90 days).
02
The Buyer accepts the products/services and signs the invoice.
03
The invoice is provided to the Factoring Company (smeGo).
04
The Factoring Company (smeGo) makes an advance payment of up to 90% amount of the invoice to the Seller.
05
Having received the payment from the Buyer, the Factoring Company deducts the advance payment made as well as the interest accumulated, and then transfers the remaining amount to the Seller.
Why choose smeGo?
Flexible solutions
We offer a wide range of tailor-made financing solutions for working capital and more. Regardless of the size of your company or the complexity of your financing needs, you have come to the right place.
Expert Support
Our team of banking and financing professionals has extensive experience in helping SMEs and is always open to creating tailor-made solutions if your financing needs are more complex.
Fast decisions
Our advanced technology allows us to make accurate, unbiased lending decisions in under an hour.
Security guaranteed
Your safety is our top priority. We provide credit insurance coverage and use advanced technology to manage risks and ensure financial stability.
Can't find the information you need?
Contact us by phone or email and we will find the best solution for you!
