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Full Factoring

Do you have constant cooperation and plan to regularly finance multiple invoices? Full factoring is a solution that will meet the needs of your company. Get a safe and secure way of financing. Full factoring reduces the invoice payment due day to only one day. In this service, we takeover the risk of the contractor's insolvency.

 

Enter your contractor's tax identification number (NIP) in the form below and we will call you back with information on the amount of the financing limit that we can offer to your company in this relationship.

Go to the contact form

Finance invoices

Enter the TIN of the contractor whose invoices you want to finance with factoring and your contact details. We will call you back to present a solution for your company.


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    Product features

    Number of invoices to be financed
    All invoices issued for a selected contractor (one or several)
    Financing of foreign invoices
    Yes
    Financing limit
    Determined individually
    Withdrawal amount
    100% of the gross invoice value minus the commission
    Method of settlement
    The commission reduces the withdrawal amount
    Payment monitoring and debt collection
    Included in the price of the service

    Product features

    Number of invoices to be financed
    All invoices issued for a selected contractor (one or several)
    Financing of foreign invoices
    Yes
    Financing limit
    Determined individually
    Withdrawal amount
    100% of the gross invoice value minus the commission
    Method of settlement
    The commission reduces the withdrawal amount
    Payment monitoring and debt collection
    Included in the price of the service

    Full factoring - how does it work?

    1
    Step
    You sign an invoice financing agreement with us and report contractors whose invoices you want to finance.
    2
    Step
    You issue an invoice for the transport performed - the invoice includes the Transcash bank account number.
    3
    Step
    You provide us with online invoice scans, and we transfer funds to your account within 24 hours.
    4
    Step
    Your contractor pays us an invoice in accordance with the payment date.

    How much does full factoring cost?

    Granting or increasing a limit
    PLN 0
    Failure to use the financing limit
    PLN 0
    Commission for financing the invoice
    From 0.9%, determined individually
    Payment monitoring and debt collection
    PLN 0
    Administrative fee
    PLN 100 per month

    How much does full factoring cost?

    Granting or increasing a limit
    PLN 0
    Failure to use the financing limit
    PLN 0
    Commission for financing the invoice
    From 0.9%, determined individually
    Payment monitoring and debt collection
    PLN 0
    Administrative fee
    PLN 100 per month

    What documents will we need?

    To finance the invoice, we need copies of the following documents:
    VAT invoice
    International Consignment Note (CMR)
    Transport order
    You can attach all documents in the Customer Service Dashboard.

    What will your company gain by choosing full factoring?

    Financing limit fitted to the needs of your company
    Possibility of financing foreign invoices
    Money in your account on the same day
    We takeover the risk of the contractor's insolvency

    We finance invoices issued to payers from Poland and abroad

    Country of the invoice issuer
    Country of the invoice payer
    Country of the invoice issuer
    Poland
    Country of the invoice payer
    Whole Europe

    Frequently asked questions

    Who can use the factoring service?

    Any company from the TSL industry, registered in Poland, which has been operating on the market for at least 6 months, can use the factoring service at Transcash.

    Why do I have to provide you with transportation documents?

    Transport documents that confirm the proper performance of the service are as important as the invoice itself. Thanks to the complete set of documents, we can verify whether the assignment is not prohibited in the order and whether the invoice has the correct payment date. Sending a complete set of transport documents significantly speeds up the decision to finance the invoice.

    What is the difference between Microfactoring and Full Factoring?

    The most important differences between these services are:

    • Number of invoices submitted for financing:

    In the microfactoring service, you can transfer a single invoice for financing, which you issued to any contractor (each time we apply for an assignment of receivables), in the case of full factoring, you forward all invoices of selected contractors for financing (one or several with whom we sign a global assignment).

    • Financing limit:

    The financing limit in microfactoring is a maximum of PLN 50,000 (it can be raised during cooperation). In the case of full factoring, the limit is always set individually, taking into account what kind of relationships you want to finance.

    • Origin of invoices:

    We finance only invoices issued to Polish and German contractors with the microfactoring service, in the case of full factoring we finance both Polish and all foreign invoices.