In general
Browse this page for all your frequently asked questions. This page contains more detailed information about factoring in general.
We finance your invoice within 24 hours after approval. In practice, payment occurs even sooner. This is due to the fact that we make payments at several times a day.
Are you in need of immediate payment? For a fee of €39.- (excluding VAT), we can wire you the amount directly. You simply higlight the option ”Emergency submission” while submitting your invoice.
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Invoicing
Browse this page for all your frequently asked questions. This page contains more detailed information about invoicing.
If your client goes bankrupt, the invoices submitted are insured for 90% of your invoice amount. The remaining 10% is at your own risk.
Once the client goes bankrupt, we make sure you receive your 90%. All other matters regarding the invoice are taken care of by us and our credit insurance partner.
Read moreWe take great care in managing your debtors. Since we operate in your name, we will be friendly and professional. We have accumulated years of experience in debtor management. Furthermore, special requests are always considered.
Read moreYou can simply submit your invoice in our factoring portal. You can login here.
Your invoice will automatically be sent to your client by our system. You will receive payment within 24 hours.
Read moreYou do not have to change your invoice lay-out. Apart from the change in bank account number, your lay-out stays the same.
We will however need you to add this line of legal text to your invoice:
”‘’This invoice has been assigned (ceded) to FreelanceFactoring. Payment can only be made to FreelanceFactoring at IBAN NL25RABO0312461194 BIC/SWIFT: RABONL2U Rabobank Rotterdam accompanied by the invoice number’’
Read moreThe following elements need to be present on your invoice according to Dutch regulations:
– Date of the invoice
– Unique invoice number
– VAT and Chamber of commerce number
– Your company name and address
– Your clients name and address
– The amount and description of the delivered services or products
– The amount including VAT and excluding VAT and the VAT amount due
– In case of VAT reverse charge, indicate this
– Payment term
Read moreWe finance your invoice within 24 hours after approval. In practice, payment occurs even sooner. This is due to the fact that we make payments at several times a day.
Are you in need of immediate payment? For a fee of €39.- (excluding VAT), we can wire you the amount directly. You simply higlight the option ”Emergency submission” while submitting your invoice.
Read more
The conditions
Browse this page for all your frequently asked questions. This page contains more detailed information about the conditions.
Unfortunately, we do not offer factoring for the private sector. This is due to the fact that we are not permitted by our credit insurance company to finance invoices which are not directed towards companies.
For more information, take a look on our how does it work page.
Read moreYes, we are able help you with invoices intended for several countries outside the Netherlands. Do not hesitate to contact us to discuss the possibilities.
However, we are dependent on the judgment of our credit insurance company. If they accept your debtor, we are able to finance the invoice.
Read moreIf we receive approval from our credit insurance, your client is credit worthy. If we do not receive approval, we will not be able to finance your invoices.
However, this does not entail that your client will not be able to pay your invoices. It simply means that our insurance company does not want to cover the risks.
Read moreCosts
Browse this page for all your frequently asked questions. This page contains more detailed information about the costs of factoring.
No, we do not charge you for registering a new debtor.
You can simply login to your factoring portal and submit a new debtor there. Within one working day you will receive word whether we can be of assistance and if they are approved by our insurance. .
Read moreNot only do we make sure you receive payment of your invoices withing 24 hours after approval, but we also provide debtor management and cover the risks of your client’s bankruptcy.
For more information check out our costs page.
Read moreFrom quotation to client
Browse this page for all your frequently asked questions. This page contains more detailed information about the application process.
On average, within 2-3 working days. However, you are the most important part of the application process. The quicker you provide us with the required documents, the sooner we can finalize your application.
You can easily submit the required documents in your personal factoring portal, login here.
Read moreYou will receive word within one working day. In most cases we contact you on the same day that you requested the quotation.
Furthermore, you can higlight you preference when submitting your quote. Request one here.
Read moreFirst, you can request your quotation here. Within one working day we will let you know whether we can help you.
If this is the case, you will receive a decisive quotation, no strings attached! Next, you will need to send us some documents. Once these are approved, you sign our contract.
Once that’s done, everything is all set. Welcome on board!
Read moreFactoring portal
Browse this page for all your frequently asked questions. This page contains more detailed information about the factoring portal.
Of course! Simply submit them to your online portal. Within one working day you will receive a reply whether we can be of assistance with this debtor.
We are dependent on the judgment of our credit insurance company. If they accept your debtor, we are able to finance the invoice.
Read moreYes, in your online portal you can review all of your submitted invoices 24/7. This is your personal database where you can extract reports. This is especially useful when you have to submit tax returns.
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