Tools

Find out more about the Penny Quick Quote tool and our approval process.

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Tools

What is the Penny Quick Quote tool?

You can find our Quick Quote tool in your account dashboard under 'Get Started'. 

Just enter your customer's company name, and we'll check their eligibility. 

Since our algorithm uses the latest data, if we can't offer invoice factoring for a specific company today, that might change in the future.

I got approval with Penny Quick Quote, but my invoice was rejected. Why?

The Penny Quick Quote tool only considers the invoice amount and the debtor (the company paying the invoice). 

However, real-time decisions also take into account other factors, such as the terms and nature of the invoice. Please speak to our client support team for more details.

My invoice has been approved, what happens next?

Great! After we approve your invoice and send it to your customer, our team will reach out to them for validation and advance your funds. 

Most transactions are validated in under 3 hours and paid out within 24 working hours.

Can't find the answer you're after? Drop us a line!