Financing up to 90% of your income from sales on Pigu.lt. The amount of receivable income is based on the data of the last completed reporting period or on the basis of the data of the current reporting period, if at least 20 days have passed since its beginning. In order to determine your receivable income and the amount of financing, the Pigu.lt system will form and transfer to “Faktoro” the report of last 12 months, which shows the amount of sales and returns of each month and the amount of sold products during the last completed reporting period.
Pigu.lt Marketplace seller financing
Pigu.lt is the largest e-sales platform in the Baltics. Faktoro provides funding to Marketplace sellers to help them grow their businesses. We operate in Baltic countries and Finland.
Some facts:
- 92% success rate
- 500 invoices financed
- 2.23 mln. Eur financed
- average invoice amount 4708 Eur
The factoring service is a financing service provided by Pigu.lt partner “Faktoro” for the seller’s income received from sales on Pigu.lt. This is the fastest and easiest way to convert sales receivables into cash and grow your business.
“Faktoro” provides financing to small businesses under the European Investment Fund’s (EIF) financial instrument EaSi. Pigu.lt Sellers are already eligible for EIF guarantees for microcredit.
The factoring service is a financing service provided by “Faktoro” for the seller’s income received from sales on Pigu.lt. This is the fastest and easiest way to convert sales receivables into cash and grow your business.
What works for everyone sometimes does not work for no one
We understand that it is sometimes difficult to choose the most appropriate financing method.
Faktoro will assess your company’s operations and the specifics of your sector and offer the financing solutions that best suit your needs.
Let’s talk!
- 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
- 0.5% annual contract fee
- 0.1-2% annual interest
- Credit limits from EUR 30 000 to EUR 1 000 000
- Deferment of accounts up to 180 days
- Individual – we assess each case individually
- Extremely fast – we plan ahead together
- Flexible – more business growth opportunities
- Lower costs