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Microfactoring

Have you issued an invoice with a long payment term? Microfactoring is the solution for you. Select the invoice you want to cash and send it to us for financing. It is a simple and flexible solution because you decide which invoices you provide for financing. You do not pay any fixed or subscription fees. Use microfactoring whenever you need it.

What makes microfactoring at Transcash stand out?

Full online service
No additional or subscription fees
Fast money transfer to your bank account in 30 minutes
We pay 100% of the gross invoice amount minus the commission

Product features

Number of invoices to be financed
From one
Financing of foreign invoices
Yes (Germany, Czech Republic, Slovakia)
Financing limit
From PLN 50,000 to even PLN 300,000
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

Product features

Number of invoices to be financed
From one
Financing of foreign invoices
Yes (Germany, Czech Republic, Slovakia)
Financing limit
From PLN 50,000 to even PLN 300,000
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

What do we finance?

Transport invoices
Invoices issued in PLN or EUR
Invoices issued to payers from Poland, Germany, Czech Republic and Slovakia

How does microfactoring work?

1
Step
Create a free account in the Customer Service Dashboard and sign an online contract for factoring services.
2
Step
Issue an invoice for the transport and send us a scan or photo of the invoice online.
3
Step
We transfer funds to your company bank account within 30 minutes.
4
Step
Your contractor pays the invoice to us in accordance with the due date.

How much does it cost?

Granting or increasing a limit
PLN 0
Monitoring and collection of payments
PLN 0
Commission for financing the invoice
up to 30 days: from 2,99%
from 31 to 60 days: from 5,79%
61 days and more: from 6,29%
minimum commission amount: PLN 129,99

How much does it cost?

Granting or increasing a limit
PLN 0
Monitoring and collection of payments
PLN 0
Commission for financing the invoice
up to 30 days: from 2,99%
from 31 to 60 days: from 5,79%
61 days and more: from 6,29%
minimum commission amount: PLN 129,99

What documents do you need to prepare?

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

We finance Polish and foreign invoices

Country of the invoice issuer
Country of the invoice payer
Country of the invoice issuer
Poland
Romania
Country of the invoice payer
Poland
Germany
Czech Republic
Slovakia

Fequently Asked Question

What currency can the invoice be submitted for financing in?

In microfactoring, we finance invoices in PLN and EUR.

How quickly will I receive the money for the submitted invoice in the microfactoring service?

If your company is registered in Poland, you will receive the money on your account even within 30 minutes of submitting the invoice. If the company is registered in Romania, you will receive the money within 48 hours.

What will happen if my contractor does not pay you the invoice on time?

If the invoice payment date has passed and we have not received the payment from the payer on the invoice, we contact the contractor to confirm the actual payment date. Next we start monitoring payments and, if necessary, debt collection at our expense. If the collection is not successful, we will use the right of reverse assignment and ask you to return the amount paid back.

Who can use the microfactoring service at Transcash?

The factoring service can be used by any company from the TSL industry:

  • registered in Poland, which has been operating on the market for a minimum 1 month,
  • registered in Romania, which has been operating on the market for at least 6 months.

Choose your next step