Loan and Credit is a factoring company, open to cooperation with various entities. Its clients are micro, as well as small and medium enterprises. Established on the initiative of the Good Finance loan company , which has enjoyed trust in the Polish market for years.
Loan and Credit helps entrepreneurs maintain financial liquidity by providing factoring services. Cash for invoices not yet paid can be used to pay for current expenses and to invest in further development.
Loan and Credit offer
How does factoring by Loan and Credit work? The company’s clients do not have to be afraid to engage their own contractors in the transaction. They conclude contracts directly with Loan and Credit without informing a third party. This is called silent factoring , protecting the entrepreneur’s image and at the same time enabling him to benefit from additional funds on the company’s account.
Various companies use Loan and Credit services, but factoring is especially appreciated by freelancers and micro-enterprises, as well as small and medium-sized enterprises. Factoring services for small businesses allow them to be more competitive in the fight for principals, to whom they can offer a longer payment period.
SMEs value the opportunity to use additional money for investments. Everyone is convinced by online factoring . Loan and Credit allows you to complete all formalities via the Internet, from registration, sending invoices, to granting financing.
Financing invoices through factoring Loan and Credit
Loan and Credit offers clients financing invoices worth PLN 500 up to the amount agreed individually with the client based on an analysis of his ability. Each registered receives an individual factoring limit . Under it it is possible to finance several invoices . Timely payment of receivables leads to renewal of the limit, and customers can apply for its increase. The factoring company charges 4% for every 30 days of financing, giving users the option to extend the repayment period by another 14 days without additional fees. Customers also have the right to submit an application for extension of the payment period to 120 days from the date of invoice. New users do not pay for factoring, the costs of financing the first invoice are zero for a period of 30 days. If the customer decides to register another one within this time, he will pay only 0.8%. Loan and Credit provides services based on unpaid invoices for completed orders.
Currently, Loan and Credit also offers two attractive promotions
- The first invoice up to the amount of 5,000 PLN for 3o days for PLN 0
- Second invoice up to the amount of 5,000 PLN for 30 days for 0.027% per day (0.8% for 30 days)
Online factoring is appreciated by customers. Mainly due to trouble-free online registration and the possibility of receiving money for current expenses, the implementation of subsequent orders or payment of bills.
The portal works for free (no subscription fees) and is easy to use. Just set up a company account on the site, factoring will become more affordable. The entrepreneur incurs no fees for this and as mentioned, he can finance the first invoice for free. The formalities are handled via the Internet, which makes factoring for small businesses the most popular.