Invoice Factoring Platform


Invoice Factoring and Discounting Platform — combined, transparent, secure

FLOAT Lending


FLOAT is the online invoice factoring platform for Swedish companies and individuals.

With its proprietary real-time credit risk model, FLOAT is designed to further improve the corporate lending business on the Swedish market.

FLOAT Lending offers automated invoice factoring and invoice discounting on a Cloud-based SaaS platform.

Some main characteristics are:

  • Simple user experience
  • Fully automated invoice factoring
  • Instant approval process
  • Advanced risk scoring model
  • Instant online pricing of your invoices
  • No volume requirements

Launched in March 2019.

A cloud-based platform for invoice purchasing where administrators can monitor all factoring/invoice discounting and observe the status of a large number of invoices at the same time.

The invoice factoring platform produced by ZWEBB provides:

  • Fully automated invoice factoring, invoice discounting, or reverse factoring
  • API connectivity to external accounting, CRM, or core-banking systems
  • Flexible KYC questionnaire
  • Online, real-time price estimates directly on the platform
  • On-premise or SaaS installations available
  • Fast and simple service with transparent pricing


Selling and buying invoices

Selling invoices means that a business sells its unpaid customer invoices to another company, usually a bank, a factoring company or a finance company. Selling invoices is a type of factoring - it is the process where companies sell or mortgage their invoices to increase their cash flow. In short, factoring is a way to free more liquid assets.

Selling invoices means that your company has the possibility to act faster on new business opportunities and provide competitive credit times for customers. There are two different types of invoice purchasing; non-recourse or recourse factoring. When selling an invoice, the company pays a fee for selling it. The fee depends on several factors. When you use this digital invoice factoring platform, you are free to decide exactly which invoices to sell.

Invoice prices are mainly decided based on these three factors:

  • Credit risk
  • Volume
  • Type of factoring arrangement


Why should you sell your invoices?

Some advantages of using factoring are:

  • Increased liquid assets
  • Spending less time on administrative work
  • Getting fast and secure capital from outstanding invoices

Most companies that sell invoices do it to increase liquidity, e.g. to free assets for investments. It can also be a way to avoid administrative work connected to the invoices. Another reason is that the company can receive the money from the invoices quickly and safely, instead of waiting for customer payments for up to 30 or 90 days. When the invoices are paid quicker, the company gets more liquid capital to spend. Your customer will still have the same time to pay the invoice and will not notice that it's been sold.


Non-recourse factoring (invoice discounting)

Non-recourse factoring means that the company that purchased the invoice takes all the credit risk. This type of invoice usually has a higher fee compared to factoring with recourse, since the company selling the invoice avoids the credit risk. Factoring without recourse is offered within the invoice discounting option to companies with good solvency.


Recourse factoring

Recourse factoring means that the selling company still takes the credit risk (standard factoring). Unpaid invoices must eventually be bought back. Because of that, recourse factoring involves higher financial risk for the seller compared to non-recourse factoring.


Invoice financing

Invoice financing is another way of using outstanding invoices to free up fast cash. Invoice financing means getting a loan where the security is made up of the outstanding invoices and incoming assets. The loan is then paid back with the funds that arrive when the invoices are paid. The company will still maintain the sales record, even though the money that comes in goes directly to the third party.


Factoring/Discounting in the Cloud

We understand that keeping a factoring business moving forward in the fast-paced, technologically-driven world is quite challenging. It involves a plethora of complex and tedious tasks that are rather time-consuming. But the good news is that ZWEBB Fintech can help you out with that. We offer a cutting-edge factoring solution capable of saving your precious time and making all your factoring processes more efficient, automated, and streamlined.

Utilizing our cloud-based software will cut down on your administrative work, reduce your costs, and improve efficiency. In that way, your company will have the possibility to act faster on new business opportunities and provide competitive credit times for your customers. This will ultimately scale your business more quickly and empower it to thrive.


Are you looking for a partner that can provide this kind of cloud-based platform for your target market? 

Please get in touch with ZWEBB by filling out the form below.

Contact ZWEBB - Request a Quote

please fill in the form, all fields are mandatory

scroll top