Borrow - FAQ
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In which countries does the Atadel factoring platform can provide financing?
We provide financing in all countries of the European Union and some countries of the world (please contact with our specialist). We do not provide financing in the USA and Canada.
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Will Your Business Qualify?
We know that your business’s credit score doesn’t tell the whole story—that’s why approval for online invoice factoring from Atadel factoring is based on more than just your credit score. We focus on the overall health of your business, including:
- Business revenue
- Cash flow
- Vendor payment history
- Years in business
- Public records
Why Get Funded by Atadel factoring?
We are not a collections agency—we know how valuable customer relationships are to small businesses. Your success is what matters to us most, and you can trust us to tactfully collect on your invoice without jeopardizing your customer relationships. Our streamlined application and fast approval process make it easy for you to get accounts receivable financing, and our knowledgeable Funding Advisors will be beside you every step of the way.
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How do you determine which invoice to factor?
We review the customer you invoiced to verify their qualifications to pay the invoice. Once they are approved and the relationship is established, we buy all of your business’s outstanding invoices for that customer until either one of us ends the relationship with the customer.
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How will my customer(s) know where to send payments?
We give your customer the payment information to wire to our business bank account, and will test beforehand to ensure payment is received properly.
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Will I pay interest when factoring invoices?
No, there are no interest payments with invoice factoring. Our fees are based on the difference between the value of the invoice and our purchase price, and will be clearly explained to you by one of our Funding Advisors.
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Do you fund startups?
We do not fund startups. To qualify for funding from Atadel factoring, your business must be in operation for at least 12 months.
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Are there any restrictions on the use of working capital?
No. We trust that small business owners know best how to use their funding, so we don’t restrict how you use your funds.
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What types of businesses does Atadel factoring finance?
We fund businesses in most industries, including high risk industries. This includes attorneys, dental practices, medical practices, automotive dealers, construction companies, restaurants, retailers, manufacturers, gas stations, dry cleaners, pharmacies, business services, and more.