At Defacto, our mission is to provide fast access to financing for European SMEs. However, to guarantee the quality of our services, certain exclusion criteria apply and prevent us from offering our services. If your company does not meet these criteria, we will unfortunately not be able to accompany you.
Please note that even if you meet the basic criteria, loan approval is not guaranteed; each request is assessed individually to ensure a balanced and fair decision.
Company Exclusion Criteria
Criterion | Details |
Registration | Must be registered on a publicly available trade register |
Legal Form | Must not be an Association or SCI |
Status | Company must not be deregistered from public registries |
Data Diffusibility | Data must be publicly diffusible |
Insolvency Proceedings | Closure judgement must be more than 2 years old (for the company and for all other entities with the same director) Directors should not have insolvency proceedings on any other company |
Business Sector | Certain sectors are excluded (see list) |
Company Age | Date of incorporation > 6 months |
User Exclusion Criteria
Criterion | Details |
Email Address | Registration via professional email: name@company.com or name@gmail.com |
My eligibility was declined despite meeting these criteria.
Through a secure, real-time connection to your financial data, Defacto’s algorithm calculates your eligibility by analysing multiple factors.
Our risk management policy sets evaluation thresholds to ensure responsible financing.
For example, the presence of seizures – administrative seizures from third parties (SATD) – and privileges (preferential creditors) will limit access to Defacto services.
If your business isn’t eligible today, we recommend trying again in a few months.