FAQ

Frequently asked questions – Factoring & Discount

Simple: none! Everything takes place online. If we need documents, you can send them scanned. Even contracts are signed online. Our app keeps you informed step by step about the stage of your applications.

All you need to do is access our website https://www.omnicredit.ro/, click “log in” and follow the instructions. The registration process for Omnicredit platform takes 30 seconds.

Invoices and payment instruments (promissory notes and cheques) with at least 7 days until due date and which represent delivered goods/provided services.

As we wish to meet your financial needs, Omnicredit does not have a minimum or maximum value. Uploading the invoice with its value and depending on the result of the analysis, we decide the funded value.

The money will be in your account within maximum 8 hours from the time when your application is approved. The approval process takes maximum 1 hour for standard applications up to LEI 25,000.

The average cost is 3% per month of the invoice/instrument value, but it may vary depending on the funding term, requested amount and analysis result. We invite you to use the simulator calculator on the homepage of our website https://www.omnicredit.ro/.

The required documents vary depending on the funding value. In the platform on the level of the uploaded application you will find the list of documents required for credit analysis.

We fund up to 100% of the invoice/instrument value, depending on the analysis results.

Yes, we also accept invoices issued by state institutions.

Yes, the assigned debtor is notified of invoice/instrument transfer and the notification specifies the Omnicredit payment account for the transferred invoices/instruments.

According to the contract, you have to transfer the money within maximum 24 hours from cashing.

The usual payment terms are between 7 and 120 days, but for special project we can accept longer terms as well.

If the delay is contractually justified by the debtor, an extension of the payment term may be made. Otherwise, we have the option to request the return of the amount, from your company.

Frequently asked questions - Entities Micro-credits

Simple: none! Everything takes place online. If we need documents, you can send them scanned. Even contracts are signed online. Our app keeps you informed step by step about the stage of your applications.

All you need to do is access our website https://www.omnicredit.ro/, click “log in” and follow the instructions. The registration process for Omnicredit platform takes 30 seconds.

From the time of providing the required documents, we give you the answer within maximum 1 hour for standard applications up to RON 25,000.

We strive to request minimum documents so that your business potential is as clear as possible. The required documents differ depending on the requested value. On the level of the uploaded application you can find the list of documents required for credit analysis.

We make the credit proposal, which also includes the costs part, considering the reimbursement power of your business, so that the installment is comfortable, however, you can try the calculator on the website for a simulation.

For anything necessary to develop your business. You can even pay your goods providers and buy a device from the same credit. Thusly, in the products section on the website, you can also find the types of micro-credits available on our platform.

After the approval and signing of contracts, the money shall be transferred in the current account of your company specified by you. The value of the installments is written in the schedule, integral part of the contract, with the exact specification of the payment date (date you chose). The payments shall be made in the account we specify to you, also in the contract.

In principle, you must have had economic activity in the last 3 months. We say “in principle” because we also appreciate start-up business, but this is another story, much more interesting.