Do you often have a long wait before customers pay you? No problem! With FlexCash you have free, flexible access to your money directly after issuing the invoice. Our partner offer with Advanon makes business planning easy and offers a low-cost alternative to factoring.
Create your profile now and upload your first invoice.
The FlexCash idea: SMEs can get pre-financing for their unpaid customer invoices with the help of investors via an online platform.
Your customer is unaware of the pre-financing. (You can also sell your invoice on FlexCash as an alternative to pre-financing. Your customer is informed in this case.)
Tiny referral fee for AXA and Advanon – Average 1% depending on the invoice amount and repayment deadline
Interest rate of your choice – A suggested rate is provided, based on the invoice conditions and the key business figures you supply at registration.
As soon as your SME has completed one-time registration, you can release any number of your customer invoices for pre-financing. This is how:
Register. You will be asked to provide documents for the calculation of key financial figures in a company check. The identification of the signatory/ies plus signature(s) and a copy of their ID or passport is necessary, at the latest before the first financing is transferred. Call 0041 44 273 94 00 or join the live chat on the platform if you have any questions.
If your customer fails to pay, you bear the default risk. The same applies to the invoicing without any pre-financing. FlexCash does not insure you against payment default. Your SME remains liable for debt collection. It makes sense to only pre-finance invoices that you can assume will be paid.
There is a pool of several hundred investors. They comprise professional investors, companies with a liquidity surplus, and wealthy private individuals.
If an investor confirms he will pre-finance your invoice, the money will be forwarded to you via our collaboration partner Advanon. This offers you security. As soon as the payment deadline has been reached and your customer has paid the invoice, you transfer the invoice amount plus fees to the investor via Advanon.
Repayments to FlexCash can be extended by up to 60 days. This offers greater scope in case your customer pays late, but does incur additional fees.
At present, only invoices that you issue to business customers (no private individuals) can be pre-financed via FlexCash.
Data is protected at all times and is stored in Switzerland in accordance with the highest security standards. You yourself decide which invoices you upload to the platform.
As a rule, only you can access your data.
You can delete your account at any time under the account settings. Your data is then no longer accessible to anyone.