Flex Payment offers a factoring service with an integrated invoice generator.
Details about Flex Payment
Small businesses and the self-employed frequently suffer from delayed payment. They provide terms of payment to their clients, who then proceed to wait until the last possible minute to transfer funds – or who would rather pay later or in installments as they themselves are lacking liquidity. The result is always the same: the person or company who raised the invoice has to wait. Thanks to Flex Payment, however, the waiting is now over.
The FinTech offers flexible, reasonably-priced immediate financing for small companies, freelancers, and sole traders. Then again, so do others. What is special about Flex Payment, however, is that it also offers an integrated invoice generator: users access the tool online (desktop or mobile) and generate their invoices; the FinTech’s system then checks them and credits the sum to their account within 15 minutes; in return, the creditors pay between 1.95% and 3.95% commission on the invoice total. If the clients default, Flex Payment starts recovery proceedings, too, leaving the businesses and freelancers to carry on with their work.