"Long payment terms of our customers tie up a lot of capital"
The growth potential of SMEs is slowed down by long payment deadlines and liquidity shortages. This makes the planning and implementation of long term investments difficult, which would facilitate growth. With help of the prefinancing of debitors through the Advanon platform, long payment deadlines are not a problem anymore and the liquidity can be planned better.
"With Advanon the financing is faster and easier than with banks or factoring"
Invoices, which are uploaded on the Advanon platform, are financed in 50 minutes on average and the money can be transferred in less than 24 hours. This is faster and less complicated than every bank. In contrast to classic factoring, the SME can choose at every time which and how many invoices should be prefinanced. The financing therefore stays flexible.
"We use the capital efficiently, instead of blocking it in debitors"
The prefinancing of debitors allows a better cash flow management and a more efficient dealing with circulating assets. Debitors are no longer blocked capital, but can be deployed for growth.
You decide which invoices you would like to have prefinanced - without tedious responsibilities!
You determine the fee, which you are willing to pay for the prefinancing.
After an investor has decided to prefinance your invoice, the money will be transferred to you.
Link your accounting software to Advanon and profit from easier prefinancing.