Defacto finances working capital for businesses: early collection of customer invoices and supplier payment. The criteria below define which invoices are eligible for financing.
General criteria
1/ Issued invoices
Only finalised invoices are accepted. Quotes, purchase orders, or pro forma invoices are not accepted.
2/ Invoices between two companies
Both parties on the invoice must be businesses.
⚠️The following are not accepted:
invoices involving a private individual or an association
invoices between companies owned by the same director, even where a service agreement is in place.
Product-specific criteria
Criteria | Customer invoices | Supplier invoices |
Recency | The invoice may be overdue by up to 3 weeks. | The invoice may be overdue by up to 2 weeks, or issued within the last 3 months. |
Link to business activity | The invoice must relate to your commercial activity (sales, services). | The invoice must relate to your business activity (stock, supplier purchases). Administrative invoices are not eligible: rent, energy, taxes, capital expenditure. |
IBAN | Your IBAN must appear on the invoice and the account must be connected to Defacto under Data Sources. | Your supplier's IBAN should ideally appear on the invoice. |
Currency and country | Euro-denominated invoices only. Accepted countries: France, Spain, Germany, Belgium, the Netherlands. | Euro-denominated invoices only, issued by companies based in the EU or the UK. |
For supplier invoices, accepted countries are: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom.
If you frequently work with clients or suppliers located outside these countries, feel free to contact us. |
Defacto reserves the right to refuse any invoice that does not meet our financing criteria.