Digital factoring
Your invoices have value.
Put it to work sooner.
Do not let your customer’s payment terms determine your next step. Access an advance against completed, not-yet-due invoices through a digital process.
Individual offer · Fees and conditions agreed in advance
Regulated financial services
Supervised by the Hungarian National Bank
Finance provider: Péntech Financial Solutions Zrt.
Check the MNB register ↗Factoring eligibility
Do you invoice other businesses?
Let’s explore your options.
- The transaction is between businesses.
- Delivery or performance is complete and documented.
- The invoice is not yet overdue.
- The receivable is eligible for financing and assignment.
How factoring works
From invoice to working capital.
A clear process, with agreed terms at every step.
Tell us about your business
Register and provide your company details and the invoice you would like to finance.
Review your offer
Following assessment, review your limit, fees and the required conditions.
Receive your advance
Funding starts after contracting and fulfilment of the disbursement conditions.
Settle the remaining balance
After your customer pays, we settle the remaining balance and contractual fees.
Factoring fees
Look at the total cost.
Not just a percentage.
Understand how much reaches your account, what is deducted and what happens if your customer pays late.
Financing period
The amount and duration may affect your fees. Confirm the calculation basis and period.
Deductions and settlement
Costs may be deducted from the advance or the remaining balance. Review both net amounts.
Late payment and risk
Additional costs may arise from an extended financing period or late payment. Confirm your obligations before signing.
Prepare for assessment
What documents
might you need?
We confirm the exact requirements for your transaction during the application process.
Invoice and evidence of performance
An issued invoice, delivery note or acceptance certificate, plus the contract or purchase order.
Financial information
Trial balance, tax account statement, receivables ledger and any additional information required.
Identification and authority
Documents to identify the company and its representative, and verify signing authority.
Questions about factoring
Make the details clear.
What is factoring?
Factoring is financing against your business’s receivables. You assign an eligible invoice receivable to a finance provider, which pays an agreed advance. Once the customer pays, the remaining balance and fees are settled.
Which invoices can be financed?
Factoring generally applies to completed, documented B2B transactions with invoices that are not yet overdue. Eligibility depends on an assessment of your company, customer, invoice and underlying transaction.
How much does factoring cost?
Fees may depend on the invoice value, financing period, customer risk and contractual terms. Your individual offer should explain the total expected cost, the amount you receive and the settlement process.
When will I receive the funds?
For existing contracted customers, disbursement may take place within 24 hours once the documents, checks and all funding conditions are satisfied. Initial assessment and contracting require additional time.
Will my customer be informed?
The customer may need to be notified of the assignment and payment instructions, and asked to confirm the receivable. Your offer and contract explain the exact process.
What if my customer pays late or fails to pay?
Late-payment costs and repayment obligations depend on the agreement. Factoring does not automatically transfer all customer default risk. Discuss recourse rights and any insurance conditions before signing.
Your next step need not wait for a payment deadline.
Find out whether your invoices could qualify for financing.