Is it normal that the invoices that I invested in are not paid on due date?

When buying invoices, an investor must understand that is normal that they can be paid late. This is the reason why we don’t work with private individuals since they are often not aware of this fact. The national average of overdue days for paying invoices in Belgium and France is around 20 days. At Edebex, […]

Do you charge interest for late payment when invoices are past due date?

We demand interest for late payment after having sent a third reminder to the debtor 25 days after due date. However, these are not always charged in reality: Sometimes they are mentioned in negotiations with a debtor to finally receive payment in an amicable manner. This is the preferred way over a legal procedure which […]

Where can I see the current status of my (unpaid) invoices?

Edebex offers investors the service to follow up on their unpaid invoices from beginning to end. This service is free of charge as each investor only has to pay the annual membership fee of 150€. In addition, Edebex ensures transparency by regularly informing investors about the actions taken and the current status of an invoice. […]

What happens when a claim is opened for an unpaid invoice?

1. Opening of the claim file by Euler Hermes As soon as a claim file has been opened, the unpaid invoice will be passed on to the credit insurer who continues to follow up on the case. We will inform you every 30 days whenever we receive an update on the case from Euler Hermes […]

Why do I not see any invoices to buy in my profile?

Edebex offers invoices to you for purchase in two ways: Exclusive attribution: Investors are notified by mail as soon as an invoice has been attributed to them. The allocation is based on an algorithm which takes into account several factors like the remaining percentage of your investment amount, your desired minimum and maximum invoice amount […]

In cases of non-payment, do you chase the debt?

Edebex operates as a service provider which takes care of all administrative management related to the purchase and follow-up of an invoice. In the event of non-payment, we follow up the unpaid debt and keep you informed of its current status.

How do you validate an invoice for upload to the platform?

Every invoice that is uploaded to the platform is analysed based on more than a hundred criteria. One of the most important criteria is the validation of the invoice by the debtor. This process is called “external audit” of the invoice. By default, the debtor must answer a couple of questions by mail: Does the […]

How does Edebex follow up with the debtor of an invoice?

The standard follow up by Edebex during the first 25 days after the due date is as follows: Due date – 10 days: phone call follow up in case of a new debtor or a seller with a new debtor. Due date + 5 days: written reminder 1 Due date + 6 days until the […]

Explanation of invoice statuses on Edebex

Underwriting: The invoice is being processed by our services. For purchase: This invoice was subject to a positive audit and was assigned to you through exclusive allocation. You have 12 hours to purchase the invoice. After 12 hours, the invoice is allocated to another investor. Transfer cash: You have confirmed that you want to purchase the invoice […]

How does diversification work in my investment portfolio?

Edebex works on a customised allocation system. At the time of registration, you specify the amount you want to invest, together with the maximum and minimum amounts of the invoices to be bought. Then, when an invoice meets your criteria, we use our diversification grid. More specifically, to allocate the invoice to you, we follow […]

How do I buy an invoice on Edebex?

Edebex works on a customised allocation system. At the time of registration, you specify the amount you want to invest, together with the maximum and minimum amounts of the invoices to be bought. When an invoice that meets your criteria is offered for sale, we send you an email. From that time, you have 12 […]

What are the benefits for me as a buyer?

By buying invoices on Edebex, you gain access to simple, profitable and safe investment channels. Furthermore, you will be helping to fund the economy while at the same time assisting businesses with their cash flow requirements. For further information, click here.

How am I reimbursed by the debtor?

You buy the invoices you wish on the platform. To simplify the process, Edebex takes care of the transfer of the funds. Whenever an invoice is paid by the debtor, the money goes through the third-party Edebex account and is then transferred to your own account.

How do you assess the debtor’s creditworthiness?

The debtor’s creditworthiness is assessed in two steps: A first analysis is based on the credit rating produced by our credit insurer Euler Hermes, the global leader in credit insurance. The credit rating must be equal to or above the minimum required by Edebex. If the rating is below, the debtor is immediately refused. If […]

Is there any contractual time period when I register on Edebex?

No. When you register on Edebex, there is no commitment to a contractual time period in which a specific volume of invoices must be offered for sale. Please note, however, that your registration on our platform – which is needed to buy invoices or put them up for sale – is valid for one year […]

What information must I provide to register on Edebex?

To register you need: A scan of the front and back of your identity card If you are not the manager/director of the business, a power of attorney and a scan of the front and back of the identity card of the company’s manager Your business registration number Confirmation of your agreement to our general […]