Explore factoring for freelancers
Fast billing
for freelancers
Factoring offers a flexible solution for independent entrepreneurs who strive for faster payments. We ensure a smooth and efficient process, tailored to the unique requirements of freelance life. In a few steps, you can upload your invoice and receive your compensation immediately. Perfect for independent professionals who don't want to wait for traditional payment terms.
The benefits of factoring at a glance
Faster payment
With factoring, you will receive your income faster as a self-employed person. Once you've delivered your work, Faqtoring converts your invoices into instant payments. This speeds up your cash flow, so you are no longer dependent on customer payment terms.
Improved liquidity
Improved liquidity is crucial for independent entrepreneurs. With our form of financing, you can improve your cash flow, giving you more flexibility in your business operations, investments and your personal life. This helps you manage financial challenges more effectively.
No debt accumulation
At Faqtoring, you don't accrue debt as a freelancer. Unlike traditional loans, factoring is a prepayment on your own income, keeping you financially healthy without additional debt.
Mitigation of risk
Factoring reduces the risk of late or non-payment. Faqtoring takes over debtor management, including the risk of default. For you as freelancers, this means fewer worries and more certainty about your income.
Financing options
for freelancers
How freelance factoring can improve your cash flow
As a freelancer, managing your cash flow is important to keep your business running. However, getting customers to pay on time and dealing with irregular payments can sometimes be a challenge.
Fortunately, there is a solution: freelance factoring. Freelance factoring is a financing option designed specifically for independent professionals like you. With factoring for ZPPs, you can have your invoices paid directly by a factoring company, so you don't have to wait for your customers to pay. This offers you the opportunity to improve your cash flow and grow your business on a stable financial basis.
In this article, you'll learn more about freelance factoring and how it can improve your cash flow. We'll discuss the benefits, the process, and some key considerations when choosing a factoring company. Discover how factoring can help you, as an independent entrepreneur, to be financially successful as a freelancer.
Freelancing without stress
As a freelancer, you understand better than anyone that time is valuable. You have to deal with tight deadlines, customer expectations and keeping track of administrative tasks. That's why it's important to have a reliable partner that simplifies and accelerates your financial affairs. At Faqtoring, we understand the needs of ZPP people. Our sign-up process has been streamlined for your convenience, so you can get started quickly. No complicated paperwork or long waiting times.
And here's the great thing: Faqtoring ensures that you get paid within one business day after submitting an invoice. No more hassle with late payments or uncertain cash flow. We understand that, as a freelancer, you want to be able to get the money you earned quickly.
The factoring rules for you as a freelancer
Costs for
factoring
2%
5%
Frequently asked questions
Does factoring change the relationship with my debtors?
No, factoring does not have a negative impact on your relationship with debtors. At Faqtoring, we take a discreet and respectful approach, taking over communication with your debtor. As a freelancer, you remain the first point of contact and we only support with billing. Watch here what the process looks like
What happens if my debtor pays late or doesn't pay?
If your debtor is delayed in payment or defaults, Faqtoring takes over the risk and handling. We will proactively contact the debtor to find a solution. We strive to make this process as efficient as possible, without costing you a lot of time as a freelancer. Your role is to provide us with the necessary support and information if required/possible. Read more in our terms and conditions that you will receive during the application process.
What proof of delivery is required to use factoring?
Factoring requires clear proof of delivery. This can be a time sheet, a confirmation of service or an email delivery agreement. The document must state the services or products provided, the agreed price, and the approval by the debtor. Faqtoring will also call as an additional confirmation of the completion and acceptance of your work.
Can I selectively choose which invoices to invoice?
Yes, you have full control over which invoices you submit for factoring. You can decide to factor only a few or all of your invoices, as long as they meet the minimum invoice value of $2,000 and come from debtors you've added to your FAQtoring account.
What is Faqtoring's role in the billing process?
In the billing process, Faqtoring takes on the role of intermediary. You upload the invoice to our portal instead of sending it directly to your customer. We take care of the processing by sending the invoice to your customer with a clear watermark. This way, you will receive the money immediately and we will take care of the rest, which saves you valuable time as a freelancer. Watch here what the process looks like