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Factoring for your transport company

Do you issue invoices with a long payment term? Instead of waiting for your money for 30 days or more, use factoring for transport companies and you will receive the money within 48 hours. Do you need one-time financing? Do you have permanent contracts and expect a high financing limit? Or maybe your clients use a non-assignment ban in the order? At Transcash you can find the best product for the needs of your transport company.

Comparison of factoring products

Microfactoring

Do you issue single invoices to various contractors? Use the microfactoring - a flexible solution without any obligations. You decide what invoices you finance. You only pay a commission on the financed invoice and no fixed or subscription fees.

Full Factoring

Do you regularly cooperate with contractors from Poland or abroad? Is your company registered in Poland? Full factoring is the solution for you. It guarantees high financing limits and allows you to shorten the due date of invoices to one day. Use factoring as a reliable and permanent element of the financing strategy of your company.

Loan

Non-assignment ban of receivables in a transport order? The loan solves this problem. We will finance your invoice, even if your contractor does not agree to the assignment.

Microfactoring

We finance single invoices issued to payers from Poland or Germany
Payment monitoring and debt collection of the payer are included in the price of the service
We will pay you 100% of the gross invoice value right away
We transfer money to your account within 48 hours
You will pay a low commission - only 2.99% for 30 days of financing

Full Factoring

We finance all invoices issued for a contractor (domestic and foreign)
We take over the contractor's insolvency risk
We pay 100% of the gross value of the invoice, less the commission
You receive monitoring and collection of payments in the price of the service
We provide high financing limits set individually to the needs of your company

Loan

We finance invoices with a non-assignment ban
We finance single domestic or foreign invoices
Financing limit from PLN 30,000 to PLN 100,000
We pay 100% of the gross invoice value

How much does it cost?

Microfactoring
Full factoring
Loan
Commission
From 2,99% to 5,99%
min. PLN 129,99
From 0,9% determined individually
from 6,59%
min. PLN 139,99
Granting or increasing a limit
PLN 0
PLN 0
PLN 0
Payment monitoring and debt collection
Included
Included
-
Administrative fee
PLN 0
PLN 299
PLN 0

How much does it cost?

Microfactoring
Commission
From 2,99% to 5,99%
min. PLN 129,99
Granting or increasing a limit
PLN 0
Payment monitoring and debt collection
Included
Administrative fee
PLN 0
Full factoring
Commission
From 0,9% determined individually
Granting or increasing a limit
PLN 0
Payment monitoring and debt collection
Included
Administrative fee
PLN 299
Loan
Commission
from 6,59%
min. PLN 139,99
Granting or increasing a limit
PLN 0
Payment monitoring and debt collection
-
Administrative fee
PLN 0

The benefits of factoring for your business

Ultra-fast and completely online financing
Transparent pricing, no hidden fees or subscription
We finance domestic, foreign and non-assignment invoices
Money in your company's account on the same day

Frequently Asked Questions

Why do I have to provide you with transportation documents?

Transportation documents confirm the proper performance of the service. They 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 deadline. 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). Using 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. We take into account what kind of relationship you want to finance.

  • Origin of invoices

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

 

Who can use full factoring service at Transcash?

Full factoring can be used by any company from the TSL industry registered in Poland, which has been on the market for at least 6 months.

What documents are needed to use factoring?

The documents that are needed to grant financing are:

  1. copy of the invoice
  2. copy of the transportation order
  3. copy of shipping documents

Attach all documents to you order in the Customer Service Dashboard.

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