You submit your invoice.
Your invoice is sold at auction to the highest bidder.
You receive payment within 24 hours.
Auctions take place on your terms. You get a market-based pricing and you select the invoices you put up for sale. No hidden costs, contracts, surety etc.
What is the typical invoice size?
From DKK 20,000 to DKK 20,000,000
How are the invoices priced?
The invoices are usually traded at a rate of 98-99,75 per 30 days.
Is there a minimum requirement for the number of invoices?
No, the seller can sell individual invoices whenever needed or on a continuous basis.
How long does an auction run?
An auction is held within 1 day.
Who assumes the credit risk?
The investor assumes the credit risk in relation to the customer.
"Really good info, money 3 days after the invoice was put up for auction. Super service."
Teddy Larsen, TLR 2010 Aps