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.
"As far as I'm concerned, it's a great idea. I get paid immediately and can use the cash to gain additional business. As I see it, I actually earn money by using Dansk Faktura Børs, because it is now much easier for me to pursue new opportunities when they occur."
Frank Due Sidelmann, Fds Handel Og Service