Question 1

What is factoring?

Accepted Answer

Factoring is a financing solution that turns a company's issued, unpaid invoices into immediate cash by assigning the receivables to a factor.

Question 2

How does invoice factoring work?

Accepted Answer

You upload an invoice issued to your client, receive an advance within 24 hours, and the factor later collects from the debtor at the due date. The process is 100% online.

Question 3

What is non-recourse factoring?

Accepted Answer

In non-recourse factoring the factor assumes the debtor's non-payment risk: if the debtor doesn't pay, you don't return the advance.

Question 4

What's the difference between factoring and a loan?

Accepted Answer

Factoring is not a bank loan: no debt on your balance sheet, based on your invoices, no collateral, and the limit grows with your turnover.

Question 5

How much does factoring cost?

Accepted Answer

The cost includes a factoring fee and interest on the advance; the amount depends on invoice volume, payment terms and the debtor's creditworthiness.

Question 6

What documents do I need?

Accepted Answer

Typically the issued invoice, the client contract and your company details. Applying with Instant Factoring is fully online.

Question 7

Who can use factoring?

Accepted Answer

SMEs and B2B companies that issue invoices with payment terms — in transport, trade, manufacturing, construction and services.

Frequently asked questions

How It Works

Financing Through Instant Factoring

Payments, Fees, and Bills

Terms and Conditions

Now you know how Instant Factoring works.