Factoring – an opportunity to get the money right away,
regardless of the invoiced payment due date!
How it works?
After selling a product or service issue an invoice to the buyer with deferred payment by more than 30 days.
Submit the application and required documents in FINNEO website for financing.
Within the 48 hours, you will know the answer on the funding and by making a contract with FINNEO, you will get up to 90% of the invoiced amount to your account.
The buyer pays the invoice to us, and we, after deduction of the agreed amount for factoring services, transfer the remaining money to you.
Be able to provide longer payment terms to your customers.
Use frozen funds for your business development and prosperity.
Save valuable time, as we check your customers’ reliability and control their settlement.
No costs of the valuation of assets, insurance and mortgage, since there is no need to pledge assets.
Receive discounts from your suppliers, because you will be able to pay them faster.
Balance your company’s cash flows and payments.
Within 48 hours you will know the decision on the funding and get the money.
Submit the documents and make contracts within our website, without leaving the office.
We are also financing young companies. We do not require collateral or personal guarantee.
You experience no risk, because we safely handle documents in cyberspace, to ensure confidentiality.
Get your money now, if:
- You have issued invoices with payment date in 30 days or more;
- Your activities or property is not subject to restrictions or arrests;
- You sell goods and services to reliable customers;
- You are in business more than 6 months;
- Your goal is to make your business grow and prosper.
Team of professionals
Professional and reliable team with more than 15 years of experience in the financial sector.
We are here to help your business thrive
Reliability, confidentiality and respect for the customer – our core values.
More than 15 years of banking experience with Swedish banking group in Lithuania – AB SEB bankas in corporate lending and leasing. He was part of the management team, dealing with lower quality and toxic loanand leasing portfolio during and after the financial crisis of 2008.
Engaged in legal practice since 2004.
Attorney at law since 2008. The main areas of specialization: contract and corporate law, mergers and acquisitions, financial transactions, real estate, dispute resolution.
Since 2014 managing partner at law office Bite and Caikovski ADJUTO.
In order to be competitive, we apply longer payment terms to our customers. As a result, our working capital is frozen. After trying FINNEO factoring, we are not looking for other financing ways anymore.
When advising our customers we discovered that for smaller companies obtaining of working capital financing is quite complex in the traditional bank. As FINNEO factoring is especially convenient way to finance the working capital needs, we highly recommend it to our customers.
With growth of our business we face the lack of working capital and our time. Both issues FINNEO helps to solve. We recommend.