- Recognise
the profit from the sale directly in your income statement
- Avoid the
need to do credit checks on your customers and remove the risk that your
customers will be unable to pay
- Cut down on
your administration by selling your invoices – at the invoice date, when demand
letters are due or much later – and avoid time-consuming long-term monitoring
of overdue debts
Sell your
private or business customer invoices created with PayEx Payment Portal, PayEx
Invoicing Service or PayEx Billing system. PayEx will purchase your invoices as
soon as the following day, and the money can be transferred to your company’s
bank account. PayEx assumes the credit risk and handles the demand process,
allowing you to continue to concentrate on your core business.
PayEx
Invoice Purchase is quoted individually based on your repayment ability and the
value of the collateral (the invoice).
Financial
services are offered in combination with other PayEx services, such as PayEx
Payment Services, creating opportunities for customer loyalty discounts on
favourable terms.
PayEx
Factoring is priced as follows:
- Amount per
invoice
- Percentage
of the invoice amount
Invoice
Purchase is an add-on service for customers using PayEx Invoicing Service,
PayEx Payment for online stores or PayEx Billing services.
A funding
agreement is signed for a minimum period of 12 months
Invoice
Purchase comprises the following:
- Invoices
created in your online store or normal business operations
- Invoices
for which a debt collection process has been initiated
- Older
invoice receivables, i.e. Long-term Monitoring