Rates & costs

We do not publish a rate card. Every financing is tailored, and a percentage on a web page tells you nothing about your situation. What we do instead: explain in advance exactly what your costs consist of, so that you know what you are looking at when you open the quote.

What your costs consist of

Factoring

With factoring you may face at most two kinds of cost.

The factoring fee is a fixed percentage of the invoice value. It covers taking over the receivable, the administrative processing and, if you choose it, the receivables management.

On top of that, a daily fee only applies once an invoice has still not been paid by your debtor after 30 days. In most cases it therefore stops at the factoring fee, with no extra costs.

Inventory finance

You pay interest on the amount drawn. There are also costs for establishing and periodically reviewing the stock value. Who carries out that valuation or review and what it costs is set out in your quote.

Business loan

You pay interest on the principal, according to the repayment schedule we agree with you. Any arrangement fees and the costs of creating security are stated separately.

Costs that can apply to any form

• Costs for assessing the application
• Notary and registration costs for creating or taking over security
• The cost of credit insurance, where it is part of your solution
• Costs of external parties such as valuers or credit reference agencies

What you get on paper in advance

Before you sign, you receive an overview setting out:

• the funding amount and the term
• every rate as a percentage and in euros
• all additional costs, stated separately
• the total cost of the financing
• the conditions under which a rate can change

If a cost item is not in there, we do not charge it either.

How your rate is set

Your rate depends on a number of things we weigh up in the assessment:

• the form of finance, or the combination of forms
• the size of the facility and how intensively you use it
• the quality and spread of your receivables book
• the nature and the value of the security
• the sector you work in and the payment terms that apply there
• whether we take over an existing pledge from your bank

If you combine several forms, we look at the whole. That is usually more favourable than taking out the same forms separately with different parties.

Costs on late payment

If a debtor does not pay on time, or a repayment fails to come, additional costs can arise. Think of interest over the period for which you remain funded, or the costs of a collection process. What applies exactly is set out in your agreement and in our general terms and conditions.

Want to know what it comes to in your case

Start the Quickscan for a first indication, or get in touch for a conversation. You are not committed to anything.