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Financing the purchase of goods despite long payment terms - how craft businesses secure liquidity
Many traders, craftsmen, installers, distributors are familiar with this situation: Demand is high, new orders are waiting, but the company bank account is too empty to purchase materials in time. Delays cost revenue and can jeopardise valuable customer relationships. So how do you finance new goods when customers haven’t paid yet? The solution: purchase financing with quickpaid.
The challenge in the skilled trades: advance payment with an empty cash register
In the skilled trades sector, speed counts – but the necessary capital to get started right away is often lacking. Many businesses have to make advance payments. They order materials, stock their warehouses, pay their staff, and then wait weeks for payment from their customers.
The reality often looks like this:
- Customer payments are delayed – 30, 60, even 90 days are quite common
- Liquidity bottlenecks arise even though the order has long since been completed
- Discount periods expire because the necessary funds are missing in the account
- New projects must be postponed or rejected
- Growth potential remains untapped
And it’s not because of a lack of demand, but because the money is received too late.
The customer only pays weeks after the service has been provided. Perhaps an approval is still missing, a final tweak or the invoice is stuck in the checking process. In the meantime, you lack the capital to buy new material – and therefore the opportunity to accept further orders.
Particularly paradoxical: The better business is going, the greater the liquidity problem often becomes.
So if you want to grow, you need access to fresh capital. This is exactly where quickpaid comes in.
How quickpaid closes liquidity gaps in purchasing
In this situation, it’s important to act quickly! Because if the customer’s patience runs out, the order risks going to the competition. Anyone who thinks the bank will step in is often mistaken: Banks often reject loans for short-term pre-financing of goods. Investors? They’re usually not interested in small amounts. And asking friends or family for money isn’t always a good idea either.
But since 2018, there has been a smart, uncomplicated solution specifically for such cases:Â quickpaid as purchase financing.
With quickpaid, tradespeople can pay for their purchases immediately – without straining their own cash flow. The principle: submit invoices for financing via the digital quickpaid process and select a payment term. The supplier receives their payment immediately – you pay quickpaid later.
Advantages of quickpaid
- Secure a discount and still use the payment term
- Financial flexibility , even with high demand
- No paperwork – completely digital process
- Fast verification and payout
- Expanding financial scope for action
Tip: For many businesses, it is particularly worthwhile during seasonal fluctuations or material shortages.
How quickpaid works -
in 3 simple steps
- Register: Register online in just a few minutes
- Creditworthiness check: After successful verification and identification, you will receive your personalised financing framework
- Upload invoice: Submit the invoice for your purchase in the portal
- Supplier receives money: quickpaid pays the supplier immediately, you choose the payment term
A mobile phone photo of the invoice to be financed is all you need. You can adjust the financing period to suit your needs – individually for each invoice.
Why act now?
Especially in times of full order books, flexible purchase financing can make the difference between “accepting an order” and “having to cancel”. If you want to secure your supply chain, you need reliable payment methods.
With quickpaid, you are independent of your customers’ payment terms – and can grow proactively.
Why quickpaid?
quickpaid is a product of A.B.S. Global Factoring AG, the largest bank-independent factoring institute in Germany and an experienced financial partner you can trust. Try quickpaid now and create the basis for sustainable growth. Your orders won’t wait – and neither will your liquidity from now on.
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