Is the factoring worthwhile for founders?

Is worth the factoring of Rechnung.de for founders?

Rechnung.de offers factoring for the self-employed, freelancers and small businesses.

We looked at how factoring works and what you should consider when using it.

How does Rechnung.de work?

Rechnung.de pre-finances your bills and increases your liquidity.

Thus, you do not have to wait until the bills are paid and reduce the risk of default on an invoice.

How much is the factoring at Rechnung.de??

Since the factoring fees are calculated individually, we unfortunately can not give you a specific number.

According to the website, the factoring fee starts at 0.5% (plus VAT) of the final invoice amount.

Among other things, the fee depends on yours and the creditworthiness of the client as well as the payment date of the invoice.

However, once you have uploaded your bill, you will be notified of the individual factoring fee. Then you can decide if the invoice will be released for factoring.

How can I upload an invoice to Rechnung.de??

After the free registration at www.rechnungs.de you can upload your first invoice and release it for factoring.

After you have uploaded the bill, it is checked internally and you can see the individual factoring fee after checking, which depends among other things on the invoice amount of the bill.

If you agree with the amount, you can release the invoice for factoring.

Frequently asked questions about Rechnung.de

Before using the factoring provider, the same questions often arise.

We have listed and answered these below.

What do I do if my client does not pay?

As soon as you have submitted the invoice, the factoring provider will completely cover the default risk of the bill.

If the customer has not yet paid after the payment date, a payment reminder will be sent first.

If no payment has been received after that, the factoring provider takes care of any reminders or collection services.

Do I have to submit any invoice I have made to Rechnung.de??

No, the factoring provider does not require a minimum number of invoices, so you can decide for each invoice individually whether you send them to Rechnung.de or directly to your client.

Which invoices can I pre-finance?

You can submit any invoice that has been rendered within the last 45 days.

In addition, the invoice may not yet be available to the invoice recipient, which will be sent by Rechnung.de to him.

In addition to the factoring fees, additional costs arise?

No, Rechnung.de charges no additional costs such as monthly fees or interest.

Summary

Rechnung.de offers factoring for the self-employed, freelancers and small businesses. Paying out within 24 hours will allow you to increase your liquidity quickly and insure against the loss of an invoice.

Due to the individual fees, you can decide individually for each invoice, whether you want to send them via the factoring provider or directly to your client – a minimum number of invoices to be submitted does not exist.

Please rate this entry:

Click on the star to rate

Average rating 4.5 / 5. Number of votes: 2

Please share the post, if he has helped you:

Kevin Pflock has been working on the topic of self-employment since 2011 and would like to use the website to support other founders in the successful founding and start-up life. Through his own experience, he knows the questions and problems of other founders very well and offers, together with other authors, assistance in starting and running a business.

Is lexoffice worthwhile for founders and freelancers?

So lexoffice helps self-employed and freelancers with the bookkeeping Lexware’s lexoffice accounting software helps bookkeepers and freelancers with…
Prepaid credit card: when is a prepaid credit card worthwhile?

Prepaid Credit Card Prepaid, the credit card for backpackers. Prepaid card based on Bitcoin. Do prepaid cards make sense for minors? Current news on the…
Dental insurance – compare worthwhile

Supplementary dental insurance – Compare worthwhile What you should consider when concluding good dental insurance Who one dental insurance would like to…
Hapag-lloyd cruises: is the new hanseatic inspiration worthwhile?

HANSEATIC inspiration: What does the new expedition class from Hapag-Lloyd Cruises offer? With an adventurous christening ceremony in the wind and…