Spot factoring
Managing the cash flow of your company is a daily headache. Financial difficulties can quickly become stressful and no business owner wants to have to close down due to simple payment delays.
Yet, this problem can quickly take on a staggering magnitude when not addressed immediately. Does this situation sound familiar to you?
Are you looking for short-term financing solutions and feeling like you're racing against time?
Do traditional offers, imposing long-term commitments and heavy procedures, not suit you?
Are you looking for a way to simply finance, and only a part of your receivables portfolio, temporarily and without commitment?
Thus, you will obtain, on an occasional basis, the financing of one or more of your receivables by choosing the customers concerned yourself.
In just a few hours, you recover the amount corresponding to these, thereby giving you the opportunity to manage your cash flow as best as possible.
You will therefore no longer be subject to the deadlines granted to your customers for the payment of their invoices and you will not have to apply for a business loan. No interest, no risk of non-payment, nor even an obligation linked to backing a guarantee.
Trust Defacto and simplify your access to the useful capital to meet your urgent liquidity needs and your development! Want to know more? Discover the essentials of spot factoring in the rest of this article.
How to achieve short-term financing with Defacto?
For managing your cash flow and financing the growth of your business, there are effective methods. Are you familiar with Defacto?
At Defacto, we offer you this à la carte solution, to provide you with occasional financing corresponding to one or more of your receivables. You choose the clients whose invoices you want to send us.
To request short-term financing on our platform, you must go through several steps:
- Step 1: To benefit from our services, start by testing your eligibility in a few seconds to create your account
- Step 2: Chose to us the invoices that you wish to finance
- Step 3: Configure your financing request.
- Step 4: Receive the requested financing according to the specified terms.
- Step 5: The repayment of the financed amount is done automatically, without you needing to intervene.
We offer you integration with different invoicing, accounting and banking tools, such as:
- Odoo
- Pennylane
- Netsuite
- Agicap
- Axonaut
- Fulll
- Fygr
- Qonto
- Inqom
- Libeo
- Quickbooks
- Sellsy
- or any bank through open banking
- etc…
Thanks to this connection, we can base our analysis on the data provided, to carry out a real-time simulation of the amount eligible for your cash request.
The more data we have access to, the more we are able to offer you financing that meets your needs.
After this assessment of your financing capacity in less than one minute, you can request the release of your funds, in a few clicks, directly from our interface.
The simplification of this process makes your experience more efficient and enjoyable, saving you a considerable amount of time.
One of the main advantages of our short-term financing at Defacto is the absence of commitment. Indeed, when you use our services, you do not commit yourself for a duration.
You thus benefit from a flexible, constraint-free solution, quick, secure, clear and simple, while remaining totally free. An interesting point compared to traditional factoring structures which can seem intrusive and rigid.
Why is it complicated to find punctual factoring companies?
For companies that, like you, have an immediate need for liquidity, factoring is a proven solution. However, searching for punctual factoring companies is sometimes a real challenge. And faced with constraints, you can easily get discouraged.
As a general rule, when setting up a factoring contract, traditional factoring companies impose a long-term commitment, which can quickly put pressure on your treasury.
According to a study conducted by the Bank of France, factoring contracts are generally very long. They span several years and make your adaptation to changes in situation complicated.
A complete transfer of the customer position is part of the terms imposed by these contracts, which often leads to difficulties in your relationships with your customers.
This indeed has a negative impact on their loyalty, as they lose trust and fear a lack of transparency.
Moreover, factoring requires generally heavy and costly administrative procedures.
The ASF - French Association of Financial Companies - notes that the costs related to this procedure are sometimes exorbitant for small businesses, with commissions and management fees that are added to the overall amount.
In this context, finding a punctual factor becomes extremely difficult. You find yourself in a delicate situation, forced to juggle your need to quickly obtain liquidity and all these constraints.
There is a pressing need for more flexible financing procedures, which adapt to the reality of the modern business world.
This is how we, at Defacto, stand out and become an attractive option for companies looking to obtain short-term financing with peace of mind.
Why choose Defacto for your financing?
By offering a punctual factoring model that is flexible, innovative, and modern, we at Defacto are able to provide concrete responses to your company's needs.
No duration commitment
By eliminating long-term commitments, you benefit from full freedom and contractual flexibility. According to the Bank of France, these factors are among the main expectations of companies towards factoring providers.
Preserved supplier relationship
While traditional factoring can sometimes interfere with your client and supplier relationships, at Defacto, this is not the case. Your transactions and business relationships remain private and we remain in the background.
Thus, you retain total control over their management, without having to follow external directives. As a result, the trust that your customers and suppliers have in you remains intact, since you are their sole and unique point of contact.
100% online service and without files
Our solutions are constraint-free and fast, thanks to a 100% online service and without files. You simply need to take an eligibility test and in just one hour you will know whether or not your financing request is accepted.
Independent from your bank
We are not a credit company per se, we are independent from your bank and we do not provide direct financing.
At Defacto, we are part of marketplace solutions, like SaaS or FinTech.
In a sense, we are comparable to a credit API. By connecting to various platforms, we have access to the companies' history, as well as recent and non-declarative data.
This way of doing things allows us to offer immediate responses, in just one hour, you can be informed whether or not your financing request is accepted.
Quick eligibility test and financing process
The financing process we offer is simple and fast. You need to take an eligibility test that will take you less than a minute, and then you just have to make your request by defining the desired terms.
You will then receive the requested funds and you won't have to worry about anything else.
Real customer satisfaction
For us, customer satisfaction is a priority. It is an important indicator that attests to the quality and reliability of the services we offer.
Since our inception, many reputable companies have chosen to follow us in our innovative approach to short-term financing, such as Ysé, Ooshot, ByCharlot, Khaven, Allocab, Karenae, Upway, Seeqle or Malt.
Here is an example of a testimonial from one of our customers:
"Defacto has allowed us to finance the extension of customer payment deadlines in an agile and flexible way. We have gained in cash flow flexibility thanks to the quick arrival of funds, after a few clicks to submit an invoice."
Irina Delecroix, finance project manager, Ooshot
