How much does invoice factoring cost?
Use our calculator to easily calculate the fee for using invoice factoring by KTI in Briox. A similar calculator is available directly in the invoice, to help you choose how to finance it in the best possible manner.
How quickly is the money paid into my company account?
With factoring, you can qualify in a matter of hours, and receive funding within 24 hours typically.
Am I eligible for business financing from KTI?
Most likely, yes. Invoice factoring can be in use right after you accept the terms and conditions, and the initial company check is done.
How much of the invoice can I finance?
The financing rate depends largely on your own wishes. Often, there is no need for 100% financing, and in that case it is worth adjusting the financing rate so it corresponds to your company’s needs. The most common financing rate is somewhere between 30-70%, but there is flexibility in either direction.
Can I use invoice factoring even if I only want to finance a few invoices?
It doesn’t matter how many invoices you want to finance. If you want fast access to working capital to improve your cash flow, invoice factoring is a helpful tool.
Comments
0 comments
Please sign in to leave a comment.