FLEXIDEA is an up-to-date invoice financing solution. This online platform allows you to forget about the unsettled accounts.
No more paper work, no more waiting. Just upload your invoice and get the payment within 24 hours.
Discover how simple, fast and groundbreaking it can be!
is the best way to concentrate on business, not on payment deadlines
no time wasting
no annual or registration fees
no need to go to bank
The invoice financing service is primarily suited for small and medium-sized enterprises. We make it possible to avoid long payment terms of the outstanding invoices.
To use the service your company should have a trading history of 6 months and revenue for this period of at least EUR 30 thousand. You also should not have any on-going lawsuit and/or tax issues.
Invoice financing is designed to advance the cash flow by selling the invoice. You will receive the payment within the 24 hours instead of standard 15-120 days. The whole process is very fast and convenient:
1. You register and identify yourself online in FLEXIDEA portal;
2. You sign the Agreement with us remotely just ONCE using one of the integrated tools (e-signature, Mobile-ID or Smart-ID);
3. You issue and submit an invoice to us using the Portal (only for delivered goods; advance payments are not permitted);
4. We evaluate you and your debtor within 24 hours;
5. If the debtor’s background meets our requirements, we (portal on behalf of the Customer) send the debtor notification about the changes of requisites of the invoice and receive the confirmation (whether the goods have been delivered and accepted for payment thereof) from the debtor;
6. Your invoice gets financed.
7. The debtor pays directly to our account on the agreed terms.
Yes, it is. You don’t have to go somewhere or even call. The service is fully online, but navigation – intuitive. You will enjoy working with it at the time of your convenience.
Only details of your company. To give you the best offer, we can also ask you to upload bank statements for the last 6 months.
You can sell all the invoices you need. Just enter the Portal, upload the invoice and get your money paid.
We finance invoices issued only to companies and public sector. We do not finance invoices issued to private persons or individual entrepreneurs.
Sure. We currently accept the invoices for debtors registered in European Union countries.
Invoice payment terms: 15-90 days;
The minimum Invoice Value – EUR 500;
Limit for a customer – up to EUR 50 000;
Financing of 70% to 100% of the outstanding invoice amount.
We are able to finance up to 100% of the outstanding invoice amount. Once your invoice gets financed, we will deduct the discounting fee and remit the rest of the amount to your account. Fee structure is very simple and transparent.
No, we do not.
You should not change details of the issued invoice. We (portal on behalf of the Customer) will send the debtor notification about the changes of requisites of the invoice. As soon as we receive the confirmation (whether the goods have been delivered and accepted for payment thereof) from the debtor, we will transfer the cash for your invoice to your account. All payments by the debtor related with the assigned invoice must be transferred to our account specified in the notification sent to the debtor and you put your best efforts that the payment is remitted in this specific manner.
Registration on the Portal is free. Also, we don’t require minimum annual fee and fees for contract changing and reports. The financing fee starts from 1% monthly (min EUR 100.00 in 30 days).
For example, you submit a EUR 5,000.00 invoice. Advance rate is 0.
The payment is due in 30 days and the monthly discount is 2%.
Discounting fee = EUR 100.00
After discounting you will receive EUR 4,900.00 immediately.
Very good financial background. A trading history of 3 years and annual revenue of at least EUR 1 mln.
We offer an invoice financing with the redemption obligation of the customer, which means that you have full responsibility for the payment of the invoice by the debtor and will cover the invoice amount if the debtor doesn't. If the debtor (your client) does not pay the invoice in the due date or pays the invoice partially, the remaining sum is calculated by us and passed for payment to you. The repurchase term is the due date stipulated in the Invoice + 30 (thirty) calendar days.