We’ve collected answers to some of our user’s most frequently asked questions.
Everyone can become an investor at Creditplace and profit from solid returns in an innovative investment channel. Creditplace Arena allows you to purchase receivables at a discounted price and gives you total control over the investment amounts and risk exposure. Take the first step to access investments opportunities that are usually available only for financial institutions, enjoy it now.
When a business makes a sale, it usually doesn’t get paid immediately by its client, having to wait for 30 to 120 days. On the other hand, the costs related to its sale, such as payroll, raw materials, utilities, logistics, etc., are already paid out when performing its services or manufacturing its products. The waiting period to get paid after getting charged for the operational costs may cause a cash flow problem for business and, then, they search for solutions to reduce this payment delay and the effects of mismatching revenue and costs. Invoice financing is one way for business to perceive the cash from sales in a shorter delay: a factor – usually a bank/financial institution – advances the cash and gets paid directly by the business’s client at the due date. The bank/financial institution, in this case, has a profit from the service fees and the interests charged on the businesses. Creditplace is a platform that allows, for the first time, individuals to invest in this kind of transaction through the purchase of invoices at a discounted price resulting in competitive rates of return compared to standard investments options in a bank, for example.
Creditplace allows everyone to access investments that provides:
- Competitive rates of return compared to usual banking solutions
- Low risk since the companies responsible for the redemptions are solid and financially healthy
Liquidity with the short period of time between the invoice purchase and its redemption – in average 60 days
The investor money is kept in a trusted account managed by a certified Payment Services Provider ensuring full protection for your money. Any amount transferred by the investor is transmitted directly to the trusted account and is not held by Creditplace itself.
Absolutely, your personal data is securely stored in our servers and any financial transaction will be executed through our certified Payment Services Provider that ensures the protection of your data.
Yes, the minimum invoice amount available to purchase is 2,500 €
At Creditplace we are totally transparent, with no hidden fees for our services. At any time, you can access our Fee Policy in detail at [Link to fee policy].
Yes. New receivables are uploaded regularly to the Creditplace Arena and you can choose which ones to purchase and what portion of them based on the information displayed on the platform about each one
Creditplace was established in early 2013 by a group of senior economists and analysts with extensive experience in international capital markets and online trading systems. You can find more about then at [About page].
You can transfer the cash available at your e-wallet to your bank account anytime you want. If you have purchased invoices, you must wait them to be redeemed to get the corresponding cash available in your e-wallet. In average, the redemption time of invoices in Creditplace Arena is 60 days.
When purchasing invoices, you get a discount price lower than the invoice face value. When the invoice is paid in full you will receive your investment and profit. Each invoice has different discount rates which are all visible in the Arena. Since the companies responsible for the redemption of these invoices are solid and healthy companies, it represents a good ratio of risk/return. Bear in mind that, traditional investments have lower returns and/or higher levels of risk are taken. Without a bank as intermediary, our platform can provide you with much higher profits in your investments.
Each transaction is structured by a composition of collaterals depending on the stability of the business and its clients. These clients are large and well-known companies surveyed by Creditplace analysts. We check the authenticity of invoices and shipping documents for you before purchasing. When a business sells an invoice, it is selling the ownership of the payment and the credit risk, so the investor is the owner of the debt against these major companies.
Creditplace Arena is available to companies with high-quality and stable clients, willing to diversify and increase their sources of funding and solve their cash flow problems. If you are interested in our services, please send us an email at firstname.lastname@example.org and we will be able to verify your eligibility.
When a business makes a sale, it usually doesn’t get paid immediately by its client, having to wait for 30 to 120 days. On the other hand, the costs related to its sale, such as payroll, raw materials, utilities, logistics, etc., are already paid out when performing its services or manufacturing its products. The waiting period to get paid after getting charged for the operational costs may cause a cash flow problem for business and, then, they search for solutions to reduce this payment delay and the effects of mismatching revenue and costs. Invoice financing is one way for a business to perceive the cash from sales in a shorter delay: a factor – usually a bank/financial institution – advances the cash and gets paid directly by the business’s client at the due date. The bank/financial institution, in this case, has a profit from the service fees and the interests charged on the businesses. Creditplace offers to businesses a new way of Invoice financing, much simpler and cheaper, without hidden fees, totally flexible, tailored to their needs.
Instead of waiting for 30 or 60 days for the payment of your client, you can receive cash immediately by selling your receivables at Creditplace Arena. It allows you to have a better cash flow management and gives you time and resources to plan your business growth and development.
There are multiples reasons to choose Creditplace:
Flexibility: you can choose which invoices to sell and when to sell them instead of the obligation of selling all your receivables as in traditional invoice financing;
Transparency: you don’t have to worry about hidden fees, because we are totally transparent with our Fee Policy;
Competitive costs: compared to any other way of getting credit in traditional financial companies, our fees are competitive . This is possible because Creditplace platform shortcuts the relation between investors and businesses excluding the bank as an expensive intermediary.
The sale of an invoice is subject to:
- An Investor Discount, remunerating the Investor for advancing your money.
- A Processing Fee, remunerating Creditplace for providing the platform.
You can find more details about our Fee Policy here [Supplier fee policy link].
No, you can choose when and which receivables/invoices you want to sell. There is no obligation to sell all your receivables as in traditional invoice financing.
Yes, you can only sell an invoice if it has an amount TTC of at least 2,500 €.
There are different categories of invoice financing depending on your profile and needs, and so the procedure with clients changes for each one.
Please contact us directly at email@example.com and we will tailor a solution which best fits your needs.