Financing for companies taking part in public procurement

Companies involved in public procurement as suppliers of goods or services face a lack of working capital. To take part in higher-value purchases, companies must have a large amount of working capital to buy goods, pay salaries, taxes, while payment for the delivered goods is received only after 30 – 60 days. Some companies cannot participate in such procurements due to a lack of working capital.

We understand your business, and, therefore, we can offer financing solutions that are right for you. Talk to us about financing and business development matters!

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How can factoring benefit companies involved in public procurement?

Public procurement financing

Take part in larger procurements

You can participate in larger orders or smaller companies can take part in large procurements and thus grow.

Buy cheaper

You can order larger quantities of goods, thus buying cheaper and earning more.

More procurements

You can take part in more public procurements: working with a financial partner ensures that you will always have enough working capital.

Clear deadlines

If the customer is late in paying: you will not face a lack of working capital because you have not frozen your working capital.

Financing on demand

Make use on-demand: you will pay the financing fee only for the period you make use of it, which is more convenient and cheaper than taking a business loan.

Making use on demand

You can select the invoices to be financed, so you will have the exact working capital you need!

Open factoring

Flexible financing solutions

If you do not have enough working capital to purchase the goods, you might be interested in our reverse factoring service - we will pay your supplier.

Reverse factoring

Exceptionally fast financing

Receive your working capital within 24 hours of submitting your application.

Submit an application

Single use

0% contract fee
0.9-2% invoice funding fee
Economical as you only pay when you use

For invoices from
EUR 5 000
Invoice payment period up to 120 days

Convenient for occasional working capital needs
Fast – money is disbursed within 24 hours of account upload

Invoice amount (€)

Payment term (days)

120

4500€

You will receive immediately

455€

You receive after your buyer pays us

45€

Cost

4955€

You receive in total

Get offer

This is a preliminary calculator. We will provide you with an exact quote upon completion of the application form.

Long-term

0.5% annual contract fee
0.1-2% annual interest
Financing from €30 000 to €1 000 000
Invoice deferral period up to 180 days.
Individual – we evaluate each case
Exceptionally fast – we plan ahead together
Flexible – more business growth opportunities
Lower costs

Get an individual offer

DIGITAL ACADEMY, UAB

Faktoro truly stands out from other financial institutions in terms of personal approach to the client and the funding speed. The company exceeded our expectations. We were provided a personal consultant who we can call anytime to get a solution that meets our needs. The money comes in on the same day we fill out the financing application on the page.

Tadas Vyšniauskas
Director

Factoring products

The most popular invoice financing solutions are classic, silent, and reverse factoring. Contact us and we will prepare a financing solution that best suits your business.

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