How to choose the optimal online factoring limit?
The limit renews after each repayment of an invoice by its recipient. So if you issue invoices worth PLN 100,000 a month with a payment term of 60 days, it makes sense to request a limit of PLN 200,000.
Your Guardian will assist you in determining the optimal limit.
Can I change the limit during the contract?
Yes – you can request a reduction or increase in the limit, depending on your company’s situation. How to change the limit? Log in to the Customer Area and submit a request to change the existing limit.
Can the use of the limit be suspended?
In the case of using factoring in a flat fee, there is such an option. Contact your Supervisor or Customer Service.
How to check the available limit?
To do this, log in to the Client Area, and then go to the “CONTRACTS/ACTIVE CONTRACTS” tab.
Can I pay for business purchases within my allotted limit?
The funds obtained through factoring can be used for any purpose. The cash released in this way is the property of the company and we do not in any way verify for what purpose it will be used.
The limit granted under factoring is for financing sales invoices, not purchase invoices.
However, it is worth remembering that if the funds obtained from factoring are not sufficient at the moment, you can use a purchase financing product and gain a separate limit.