Dasfactoring is a crowdfactoring solution, for short-term financing, through the advance of short-term credits that companies have on their customers, specifically, invoices receivable. Dasfactoring is offered by Daskapital España S.L., a subsidiary of Das Kapital Lda.
With Dasfactoring, companies present on Daskapital platform the credits they hold on their customers, for example in the form of invoices receivable (usually between 30 and 180 days), and investors (private or institutional), in turn, compete with each other to buy, at a discount, a part or the totality of the invoice, through an auction process in which they define the amount they wish to buy/invest (the total amount or part of the invoice) and the minimum return they require. On the date the invoice is due, the debtors (customers of the company that assigned the credit/invoice) make the payment of the credit/invoice returning the advanced/invested capital to the investors, resulting in a gain. Investors make money on the difference between the amount they invest/advance to the invoice seller and the amount they receive from the invoice payer, which corresponds to the discount.
For example, if an investor buys 1.000€ from an invoice at a discount of 3%, he will pay 970€ now for the right to receive 1.000€ on the invoice due date, thus gaining 30€ (3%).
Through the auction process, companies will be financed by the group of investors who demand the lowest interest rate/return.
If you need further clarification, please get in touch with us at support@daskapital.eu.
