Question 1

Why is invoice financing through Finyoz so favorable?

Accepted Answer

We offer both sides — investors and companies — a common platform and match the right investments with the right pre-financing for companies whilst cutting out the middle-man. We keep efficiency high by relying on automation where deem it possible to keep costs extremely low.

Question 2

What documents are required to register my company ?

Accepted Answer

Registration is quick and easy and can be done on the same day. No company documents (balance sheet, sales lists, etc.) are required from your side. We cooperate with several data providers to obtain the required documents directly. Our automated registration process allows you to focus on your core business and start financing your invoices immediately.

1. Register for free.

2. A permitted company representative goes through online identification within a few minutes.

3. Create debtors and start invoice financing!

Question 3

What businesses is invoice financing available for?

Accepted Answer

With our automated process, cost-effective and efficient invoice financing is equally available to small and medium-sized businesses as well as large corporations in a variety of industries. To ensure genuinity, and avoid misuse of our service, some pre-requisite have to be met:

You supply exclusively to commercial customers (B2B)

Your company is older than 24 months

Your company is located in Germany or Austria

Your customers are based in Germany or Austria

Your invoices have payment terms between 14 and 90 days

Your accounts receivable are free of liens and the deliveries or services on which the accounts receivable are issued have been rendered in full

Your customer base is stable and has a consistent payment discipline

Once registered, you can have all of your invoices financed through us, or only those invoices that you select.

Question 4

Which invoices and terms can be financed?

Accepted Answer

Your commercial receivables must be free of liens and the deliveries and services on which the receivables are based must have been provided for in full. There is no minimum annual revenue requirement. The duration of your invoice cycle can be from 14 to 90 days. This allows you to give your accounts receivable longer payment terms and lets you stand out from your competitors.

Question 5

Is every duration always available?

Accepted Answer

Finyoz acts as an intermediary between Corporate Treasury investors and companies. Therefore, the availability of maturities is based on the current financing demand of the companies.

Question 6

What are the costs for me as a company?

Accepted Answer

The exact amount of your financing fee is determined by our risk management system in real-time and shown to you for acceptance when you enter the to-be-financed invoice details. With Finyoz, you finance your invoices at unrivaled rates:

No monthly or annual fixed fees.

No commitment fee.

No debtor verification fee.

No credit check fees.

No monthly minimum purchase.

No contractual commitment period.

Question 7

How is Finyoz financing secured?

Accepted Answer

For each financed invoice, your debtor must confirm in advance that the receivable is accepted and paid without objection on the settlement-due date. However, you remain the contact person for your debtors that's why it is important to use our services with disciplined debtors you have had an established relationship with. We are not a factoring company that will buy doubtful debt off you, our aim is to help you increase your working capital at the lowest cost possible for you. Only if you are not able to progress with your debtor and in the case of late payment, we can take over the dunning process and collection for you through our mandatory insurance partner.

Questions and Answers