Purchase financing with quickpaid.
Offer your customers the right financing for their product - completely free of charge for you.

Information for suppliers

Why will I be contacted if my customer uses quickpaid?
quickpaid enables your customer to finance his supplier invoice. In order for A.B.S. Global Factoring AG to be able to finance your supplier invoice, the claim must be legally assigned to A.B.S. Global Factoring AG. You will receive an e-mail with the form “Consent to immediate payment” to be signed by an authorised signatory. Please return this form to us – that´s all you have to do.

After the sale of the receivables to A.B.S. Global Factoring AG, your invoice will be settled immediately (within 1 working day) by A.B.S. Global Factoring AG without any deferment of payment.

Payment via quickpaid gives you payment security and a liquidity advantage – strong competitive advantages for you at zero cost!

quickpaid is a product of A.B.S. Global Factoring AG, an established and licensed financial services institution, and is subject to ongoing supervision by BaFin and the Bundesbank. Insolvency is therefore extremely unlikely.

Even if A.B.S. Global Factoring AG were to become insolvent, this would not have any effect on you as a supplier, since

  • A.B.S. will pay your invoice(s) immediately after your consent to the sale of the receivables. In addition, the assignment of a claim by you to A.B.S. only becomes legally effective once you have received the money from A.B.S.. It is an assignment step by step against payment by A.B.S. If you do not receive payment from A.B.S., the sale of receivables/assignment does not take place either.
  • the payment to you is a so-called “cash transaction” according to the insolvency code. Therefore, this payment cannot be challenged afterwards – not even by an insolvency administrator. In principle, there is also no right to segregation or separation of any third party. A.B.S. has rather received something equivalent for the equivalent.

Very simple – by signing and returning to us the “Agreement to immediate payment” declaration sent to you by the quickpaid portal. The declaration of assignment should be signed by an authorised signatory of your company. The exact procedure for the sale of receivables can be found on the declaration of assignment.

As soon as the declaration of assignment has been received, the invoice is paid immediately (within one working day). As a supplier, you therefore have a considerable influence on the time of payment.

The advantages of quickapid are obvious. Here they are briefly summarized:

  • Fast payment of 100% of the outgoing invoice and thus more liquidity
  • continuous, secure payment flow by the specialist financier A.B.S. Global Factoring AG
  • Simple processing of the invoice assignment
  • Zero risk of non-payment
  • Relief of the dunning process
  • Sales instrument for strengthening the customer-supplier relationship
  • Expansion of the product range to include financing components tailored to the customer’s needs
  • Balance sheet optimisation through reduction of outstanding accounts
  • Higher equity ratio
  • Better rating from banks

It’s unbelievable, but it’s true: Payment security and liquidity gains through quickpaid are completely free for suppliers. No fees are charged.

Only your customer pays a small fee for the pre-financing of the goods.

If you are convinced by the quick inflow of liquidity and the quick payment security of quickpaid, please contact us at mail@quickpaid.com or call us at 0611-977-10 154.

We have special programs for suppliers who want to use quickpaid as a sales tool and thus increase their sales. With quickpaid, you can also offer your customers the perfect and uncomplicated financing for their product without long application procedures. Use this added value for free!