Invoice factoring may be able to help you. This financing method allows small businesses to receive an advance on money already earned.
Get approved for invoice factoring from Nexi by applying online.
Late customer payments are a major reason why businesses and startups face cash flow problems. But with invoice factoring, small businesses receive quick payment for their customer invoices—often in days or even hours, versus weeks or months.
Simply put, with invoice factoring, the business “sells” its unpaid invoices to Nexi, who then take over the task of collections. Businesses receive a percentage of the invoiced amount up-front. Then, when Nexi collects full payment from the customer, the business receives the remaining amount—minus a small “factoring fee.”
Ultimately, invoice factoring offers businesses a way to turn their unpaid accounts receivable into fast cash. As such, it’s an ideal alternative financing option for companies that regularly have many invoices outstanding, and whose cash flow suffers because of it.
“Sell” unpaid invoices to Nexi
Receive bulk of the invoiced amount immediately
Customer pays Nexi directly
Receive remaining invoice amount from Nexi, minus a factoring fee
Invoice factoring is not a loan. Therefore, it’s a great option for small businesses and startups who want to access working capital without the worries of debt, long-term commitments, or credit score impacts. Easy and straightforward, all you have to do is pay out a “small factoring fee” for each transaction.
With invoice factoring, small business owners don’t need to worry if they have a questionable credit score or little collateral. That’s because approvals are based on their customers’ creditworthiness. The result, faster and easier access for business owners who might not otherwise have had an easy path towards funding.
Borrow up to $1,000,000
Factor rates as low as 1.25%
Application approval within 24 hours
Receive funding within 24 hours of approval
To qualify for invoice factoring with Nexi, small businesses must have:
What you’ll need to provide:
With Nexi, the road to responsible alternative funding is simple and fast: