Financial Policy

Our Financial Policy

Transparent, fair, and tailored to the needs of SMEs. Here is how our financing works.

1. Factoring Process Overview

Our factoring process is designed to be straightforward and efficient:

1

Submit Invoices

Upload your invoices to our secure online platform. We review and approve them within hours.

2

Receive Funding

Up to 90% of the invoice value is transferred to your account within 24 hours of approval.

3

Final Settlement

Once your customer pays, we transfer the remaining balance minus the agreed fee.

2. Fee Structure

Our fee structure is transparent and competitive:

  • Factoring Fee: A percentage of the invoice value, typically ranging from 0.5% to 3% depending on volume, industry, and debtor quality.
  • Service Fee: Covers credit assessment, account management, and reporting services.
  • Credit Protection Fee: Optional fee for full credit insurance coverage against non-payment.
  • No Hidden Charges: All fees are clearly communicated upfront with no surprise costs.

3. Eligibility Criteria

To qualify for our factoring services, businesses generally need to:

  • Operate as a legally registered business entity (GmbH, AG, UG, etc.)
  • Have commercial invoices (B2B) as the primary billing method
  • Maintain a minimum annual turnover appropriate for the service level
  • Provide standard due diligence documentation
  • Operate in a transparent and compliant manner

4. Credit Limits

Credit limits are determined based on:

  • Creditworthiness assessment of your debtors
  • Historical payment behavior and patterns
  • Industry-specific risk factors
  • Geographic and market considerations
  • Overall portfolio composition

Limits are reviewed regularly and can be adjusted as your business grows.

5. Payment Terms

  • Advance Rate: Up to 90% of invoice value within 24 hours
  • Reserve Payment: Remaining balance (minus fees) paid upon customer settlement
  • Settlement Period: Typically within 2 business days of customer payment
  • Currency: Available in EUR, CHF, SEK, PLN, and other major currencies

6. Termination Policy

Our factoring agreements include fair termination terms:

  • Notice period of 30 to 90 days, depending on contract terms
  • No early termination penalties
  • Outstanding receivables at termination will be settled according to the agreement
  • Detailed final accounting provided upon termination

7. Data Security and Confidentiality

We take data protection seriously:

  • All client and debtor data is encrypted and stored securely
  • Access to financial information is restricted to authorized personnel only
  • We comply with GDPR and all applicable data protection regulations
  • Client confidentiality is guaranteed and protected by contractual agreements

8. Dispute Resolution

In the event of a dispute:

  • We maintain a dedicated dispute resolution team
  • All disputes are handled according to our published complaints procedure
  • We aim to resolve all disputes within 30 business days
  • Legal remedies remain available if a mutually acceptable resolution cannot be reached

9. Contact for Financial Inquiries

For questions regarding our financial policy, please contact:

A.B.S. Global Factoring AG
Mainzer Straße 97
65189 Wiesbaden, Germany
Phone: +49 (611) 977 10 0
Email: info@abs-ag-fn.it.com