Purchase financing with quickpaid: Competitive advantages through fast purchase financing
With quickpaid, you can finance your goods purchases in just a few minutes – completely digitally and without detours. Take advantage of cash discounts, remain able to deliver at all times and create real room for manoeuvre in purchasing – without collateral and without detours.
For companies that know when to purchase
quickpaid is flexible purchase financing from A.B.S. Global Factoring AG. We settle your supplier invoice immediately, you pay later – completely digitally, without collateral and without any paperwork.
If you want to grow, you need financial room for manoeuvre – without going through the bank. With quickpaid, you can enjoy uncomplicated online purchase financing that protects your liquidity, enables attractive discounts and cushions payment peaks with ease – without collateral, without waiting times.
What slows companies down every day:
- Customers pay late – often only after several reminders
- Suppliers demand advance payments or short payment terms – this ties up capital and can lead to bottlenecks.
- Banks only grant loans with high collateral or long review periods.
- Growth and expansion are slowed down due to a lack of liquid funds.
If you want to grow, you need financial room for manoeuvre – without going through the bank. With quickpaid, you can enjoy uncomplicated online purchase financing that protects your liquidity, enables attractive discounts and cushions payment peaks with ease.
The discount proceeds belong only to you!
A.B.S. pays your suppliers directly so that you can benefit from cash discounts, bonuses and rebates without restriction. Unlike with some providers, with quickpaid you retain the full amount of the cash discount. In many cases, the cash discount deduction can therefore almost completely offset the quickpaid fee – making purchase financing doubly worthwhile.
In the FAQ section you can find out more about the requirements for submitting invoices and frequently asked questions about our purchase financing.
"Every clever entrepreneur knows when to strike a bargain when purchasing goods. With flexible purchase financing, you get the liquidity you need!"
Artemio Paz-Perez
Head of quickpaid support
The advantages of quickpaid as purchase financing
- Immediate purchase financing without bank contact
- Quickly available liquidity, no obligation to tender
- Secure extended payment terms & discounts
- Ideal for a balanced financing mix, e.g. in combination with A.B.S. Factoring
- No collateral, no paperwork
- Fully digital – applied for in minutes
- Ideal for goods financing, stock build-up or seasonal peaks
- Also possible for individual invoices
How quickpaid works
The process with quickpaid - simply explained
With quickpaid, you can process the financing of your supplier invoices simply, quickly and flexibly. The diagram shows you step by step how the process works.
Whether for financing growth phases, for bridging seasonal peaks in demand or for targeted optimisation of your liquidity: quickpaid supports you flexibly and reliably. A.B.S. pays your suppliers 100% directly – this allows you to secure valuable cash discounts that you would otherwise miss out on.
All advantages of quickpaid at a glance
- 100 % financing of your purchase invoices
- Liquid funds can be used more flexibly than with a classic overdraft facility
- Discharge of existing credit lines and protection of collateral
- Higher profitability through better purchasing conditions (discounts, bonuses, rebates)
- Optimisation of cash flow and avoidance of growth-inhibiting liquidity bottlenecks
- Expansion of your quickpaid financing framework possible if required after internal review
- Fully digital processing – from application to payment – simple submission of invoices as PDF or photo
- Flexible selection of invoices to be financed – no obligation to tender. It is therefore also possible to tender individual supplier invoices within the quickpaid limit
- Free choice of payment terms: 60 to 120 days – depending on requirements. With the 120-day variant, repayment is made in three instalments, otherwise in one amount.
- No collateral or guarantees required
- Variable financing volume depending on requirements and utilisation
- Use of purchasing opportunities such as anti-cyclical goods purchasing or favourable raw material prices
- Compensating for seasonal fluctuations and project-related peaks in demand
- Avoidance of liquidity bottlenecks
- Realise larger orders without financing hurdles when procuring goods
- Immediate payment strengthens your supplier relationships – without risk and without additional costs for the supplier
These customers already rely on us
Why your suppliers also love quickpaid
A.B.S. Global Factoring AG settles suppliers’ receivables from customers who utilise quickpaid directly and in full. This makes quickpaid a valuable sales instrument for your business partners – such as wholesalers or manufacturers.
Because those who use quickpaid can not only offer their customers the right product, but also an attractive financing solution at the same time. This creates real added value, financial predictability and a strong competitive advantage, because quickpaid is absolutely free of charge for suppliers. Of course, every customer of the supplier can decide individually and flexibly whether, when and how often they want to use quickpaid to finance their goods purchases. Only then will they incur financing fees.
Advantages for your supplier
- Payment security from day 1
- Full predictability of revenue
- No more default risks
- Suitable financing directly for the product
- Attractive sales tool to increase turnover
- Relief in the dunning process – no follow-up necessary
- Reduction of costs for trade credit insurance
- Improvement of the rating through secured payment flows
- quickpaid is completely free of charge for suppliers – with no additional effort
Why quickpaid is superior to traditional purchase financing
quickpaid is based on the principle of reverse factoring – but offers decisive advantages: without complicated contracts, but flexible, quick and easy to use. In contrast to traditional reverse factoring models, quickpaid can even be used for individual invoices – without any obligation to tender. Other forms of purchase financing such as Finetrading cannot compete with this uncomplicated solution.
What makes quickpaid special:
- Quick implementation: Simply upload your invoice as a PDF or photo to the quickpaid portal – done.
- Direct processing with the supplier: We contact your supplier and offer immediate payment of the invoice.
- Fast payment: After approval, the claim is settled by A.B.S. – even before the due date.
- No framework agreements required: Neither a tripartite agreement nor long-term commitments are necessary.
- Maximum flexibility: Even individual invoices can be financed without complications.
Any questions? Here you will find all the basics of purchase financing
quickpaid is the ideal purchase financing for companies and tradespeople who purchase goods or raw materials and want to manage their liquidity in a targeted manner. Especially if you have to wait a long time for payment for your own orders, you can quickly run out of liquidity for new purchases – which slows down the growth of your company. This is where quickpaid comes in: We combine the desire of many SMEs for the latest possible payment terms with the suppliers’ interest in receiving payment quickly.
Which companies benefit in particular?
quickpaid is particularly suitable for small and medium-sized enterprises, craft businesses and retailers who want to purchase goods flexibly and at favourable prices. Thanks to fast, simple and digital processing, you enjoy maximum freedom.
How does the financing work?
With quickpaid, you can conveniently finance your purchases. Our financing solution offers you an uncomplicated financing framework without the need for collateral, complex application processes or the submission of business figures – for amounts up to EUR 20,000. For financing limits over EUR 20,000, we also require some additional financial documents.
Typical application scenarios for quickpaid
-
Optimise goods purchasing: Respond quickly to special offers, discount opportunities or larger order quantities
-
Compensate for seasonal peaks: Christmas business or holiday season? With quickpaid, you can secure materials and only pay after sales – up to 120 days later.
-
Secure large orders: Purchase raw materials, fulfil orders and only pay when the customer pays – without liquidity bottlenecks.
-
Finance growth: Seize new opportunities without burdening your existing credit line. quickpaid supplements your financing flexibly and in line with your needs.
Your benefits:
-
Fast, digital processing
-
Up to 120 days payment term
-
Secure a discount and reduce financing fees
-
No costs for unused lines – quickpaid is only used when you need it
The costs for quickpaid as purchase financing depend on the selected payment term – transparent, comprehensible and without hidden fees. There are no application costs or ongoing fees.
Especially clever:
If you receive a discount from your supplier and pay immediately thanks to quickpaid, you reduce your costs twice – through the reduced invoice amount and a lower financing fee.
An example:
For a gross invoice of EUR 15,000 with a 3% discount and a payment term extension of 60 days, you pay EUR 494.70 to quickpaid.
The minimum fee with quickpaid is 25 EUR, so quickpaid is worthwhile from an invoice amount of approx. 800 EUR. You can calculate your individual conditions at any time here. Simply try it out!
You only need a few minutes and your identity card to register with quickpaid.
If you are the sole authorised representative of a company entered in the commercial register, you can register and identify yourself completely digitally via PostIdent.
If you are not an authorised representative, you can also register your company. In this case, the customer contract must then be signed by an individual authorised to represent your company.
Which invoices can be financed with quickpaid?
In order for an invoice to be eligible for financing, the following requirements must be met:
- The invoice is issued in EUR, CHF, USD, GBP or SEK (only one currency possible per account).
- The goods or services have been delivered or rendered in full.
- At least 7 days have elapsed between the invoice date and the due date.
- The invoice amount does not exceed your available financing limit.
- The supplier is based in the EU, Switzerland, UK, Norway, USA, Canada or selected Asia-Pacific countries.
- The invoice complies with the statutory invoicing and accounting requirements.
- The invoice is not already secured by factoring or other financing.
- The invoice is a business-to-business (B2B) invoice.
To use quickpaid as purchase financing, we need:
- Current annual financial statements
- Current BWA (at least the last but one)
- Current totals/balances list (at least the last but one)
- Current OP list (at least penultimate)
- Bank statement
- Shareholder structure
