Factoring is a method of working capital financing. You transfer your claims pursuant to issued invoice with deferred payment towards the buyer (debtor) to FAKTORO. FAKTORO immediately pays you up to 90 percent of the total amount invoiced. After the debtor settles with FAKTORO, we process the agreed fee for the factoring service and transfer the remaining amount to you.
You just need to fill out an application in www.faktoro.lt and submit the requested documents.
You have excellent opportunity to obtain funding, if for at least 3 past months you are selling goods and / or services to customers with a sustainable financial position and a good payment history.
All applied charges for services are identified on our website. Moreover a set amount of fees for a particular contract will be presented in a transparent way to you before the conclusion of the contract.
By submitting the documents and the application via the FAKTORO website, you will save the significant time for your business. We ensure the security of the website, so you can be sure that the documents will remain confidential.
It can be done. If you do not have the opportunity to submit documents electronically, please contact us for a meeting.
If you submit the application and documents properly, you will know the decision and get the money in less than 24 hours. Try it!
If payment deadlines are exceeded, we apply the amount of finance charge named in the agreement. On the client delay we will inform you immediately, so you can remind the client of the payment deadline. In order that the financing fee would not be further calculated due to overdue payment, you will be able to repurchase the claim rights from FAKTORO according to the invoice.
FAKTORO evaluates customer loyalty and a good history of cooperation. We will offer even faster service and more favorable financing conditions for our loyal customers.
You do not have to pledge the assets (save fees), pay liability (limit) and the administration fees, you will be able to get the financing even for a small amount. We also make one-time contracts, by financing separate accounts. You will get the money faster and more conveniently.