Trade receivables financing (formerly known as "Dailly") is a short-term financing method. It is based on invoices you have issued but your clients have not yet paid. You can assign these invoices or use them as collateral with your bank, which will then provide you with a line of credit.
The principle of mobilizing trade receivables
Until it is paid, an invoice issued to a business client is indeed a receivable. You can assign it or pledge it, meaning you can offer it as collateral to your bank so that it can advance you the payment.
As with any financing, the mobilization of trade receivables is subject to the prior agreement and analysis of your bank.
Who is it addressed to?
It is aimed at all companies (public or private) and all professionals (craftsmen, traders, associations, liberal professions, micro-entrepreneurs, etc.) regardless of their sector of activity and size, and provided that their clients are other professionals.
Note: It is not possible to use a mobilization of professional receivables for invoices addressed to individuals.
The advantages of mobilizing trade receivables
Receivables financing allows you to get paid for products and services sold to your clients:
as soon as the invoice is issued,
without affecting the payment terms you granted them,
regardless of their payment method,
up to 100% of the pre-tax amount.
while maintaining control of your client relationships, since you choose which invoices to finance and handle the payment reminders yourself.
How much does it cost?
The cost of mobilizing trade receivables is comprised of two types of fees:
inherent to the assignment of trade receivables (a portion of the fees is a fixed amount per transaction, such as processing fees, invoice fees, or receivables line management fees) and a portion consisting of interest, linked to the amount of the financed assignments and their duration,
collected as a fixed amount, for processing certain trade receivables events (commission per notification, debt extension, collection or non-payment fees).
