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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.

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What makes microfactoring in Transcash stand out?

Full online service
No additional or subscription fees
Fast money transfer to your bank account in 15 minutes
We pay 100% of the gross invoice value

Product features

Number of invoices to be financed
From one
Financing of foreign invoices
Yes (Germany, Czech Republic, Slovakia)
Financing limit
Up to PLN 50,000 with an option to increase
Withdrawal amount
100% of the gross invoice value
Method of settlement
The commission is payable at the end of the month
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
Up to PLN 50,000 with an option to increase
Withdrawal amount
100% of the gross invoice value
Method of settlement
The commission is payable at the end of the month
Payment monitoring and debt collection
Included

What we finance?

Transport invoices
Domestic invoices - issued to payers from Poland
Invoices issued in PLN or EUR

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 100% of the gross invoice value to your company bank account.
4
Step
Your contractor pays the invoice to us in accordance with the due date.

How much does microfactoring cost?

Granting or increasing a limit
PLN 0
Monitoring and collection of payments
PLN 0
Commission for financing the invoice
up to 30 days: 2,99%
from 31 to 60 days: 5,49%
61 days and more: 5,99%
minimum commission amount: PLN 129

How much does microfactoring cost?

Granting or increasing a limit
PLN 0
Monitoring and collection of payments
PLN 0
Commission for financing the invoice
up to 30 days: 2,99%
from 31 to 60 days: 5,49%
61 days and more: 5,99%
minimum commission amount: PLN 129

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
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

Who can use the factoring 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 at least 6 months.

How can I pay the commission invoice?

At the beginning of the month, we will issue your company a commission invoice for all invoices financed in the previous month. We will send the invoice to your company's e-mail address. You can also find the invoice in the Customer Service Dashboard in the Payments menu. After entering the invoice, you will be able to pay it through a convenient online payment gateway.

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?

You will receive the money on your account even within 15 minutes of submitting the invoice.

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, then 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, then we will use the right of reverse assignment and ask you to return the amount paid back.