My average invoice amount is less than 5.000€. Can I use the Edebex platform?
There are 2 possibilities : 1. Yes, but our commission will be calculated on an amount of 5.000€ 2. Yes, if you have different invoices from the same debtor with the same due date. We can make a package of all those invoices and selling them as a group.
What types of debit/credit card are accepted on the platform?
We currently accept only Visa or MasterCard-type debit/credit cards.
Why is my debtor not eligible for invoice selling?
The acceptance of a receivable depends on two factors: The credit rating awarded by our credit insurer: this rating is based on the track record of payment behaviour, the size of the company, its annual accounts and certain other ratios An additional assessment carried out by Edebex.
How much will registration on Edebex cost me?
Registration on our platform, both for sellers and buyers of accounts receivable, costs €250 exclusive of VAT per year. This sum covers the charges for managing your account.
My company operates in the construction, caretaking or food industries. Am I subject to any particular rules?
If your company is in the construction, caretaking/security or meat industries, the amount of pre-funding of the invoice is restricted to 50%. Article 30b of the law of 27 June 1969 on workers’ social security imposes an additional obligation on your debtor. The debtor is required, at the time of paying the invoice, to check […]
My company is based abroad, but many of my invoices are in euros: can I register on Edebex?
Only companies registered in Belgium, Luxembourg, the Netherlands, Portugal and France can register on the platform as sellers of accounts receivable.
Do I need to register on the platform to run a full online simulation?
The invoice selling simulation available on our site is free of charge and there is no need to register on our platform to access it. We do, however, ask you for your email address to prevent our site becoming overloaded. Click here for the link to the simulation.
My company is a micro-business/SME. Can I use the platform?
All businesses can use our platform for buying and selling commercial debts, so SMEs and micro-businesses that need ready cash can sell their invoices on Edebex with no problems.
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 […]
Do I need to submit my company’s annual accounts or turnover?
Edebex focuses on the financial situation of your debtor/customer and not on that of your business. We therefore do not ask you to provide information of this type.