GVOLT

Obtaining a merchant limit step by step

Financing process for business customers

Factoring step by step

How to apply for factoring?

If you work with GVOLT and want to take advantage of the factoring limit, below you will find a clear description of the entire process. We show you where we start, what decisions are needed and what documents appear at the end of the procedure.

I want to start the process See the stages

The most important thing to start

you can start the process after 3 paid transactions,
to start, you can apply for a limit of up to PLN 50,000,
the response from the insurer and financing institution usually appears up to 2 days at each stage.

Quick preview

paid transactions needed to start the process

50,000 zł

maximum limit to start

up to 2 days

typical response time at each stage

How it works

The process is divided into 6 simple stages

We made sure that the procedure is clear from the customer's perspective as well. Each stage has a sequence, and moving on follows a positive decision on the previous step.

STEP 01

We verify that you can start the process

You can start the factoring application after you have completed and paid for at least 3 transactions. If this condition is met, we proceed to the formal verification path.

STEP 02

We submit the application to the insurer

Once the conditions are confirmed, we submit the application to the underwriter. This is the first stage of the evaluation, which allows us to proceed to the next procedure. A response usually arrives in up to 2 days.

STAGE 03

After a positive decision, we refer the application to the financing institution

If the insurer's decision is positive, we forward the application to the financing institution. This stage confirms the possibility to launch financing under the agreed terms. The answer usually appears up to 2 days.

STAGE 04

We forward the notice of assignment of claims

After obtaining positive decisions, we prepare and send documents for signature. You can sign the notice of assignment of receivables either electronically or by hand.

STEP 05

We determine the persons authorized to place orders

If necessary, we provide an additional document to identify the persons who can place orders on behalf of the company. If orders are placed only by the owner, this step is not required.

STEP 06

Once the paperwork is complete, you can use the limit

When the documents are complete and the procedure is finished, you can use the granted factoring limit according to the agreed terms.

Additional information

What should you know before submitting an application?

We are committed to a smooth and collaborative process, so we show you the most important rules in advance. This makes it easier to plan the next steps and prepare the required documents.

Scope of the procedure

the process applies to business customers,
the first limit can be up to PLN 50,000,
each subsequent step requires a positive decision at the previous level.

Documents and signature

documents can be signed electronically,
with handwritten signatures, originals must be provided,
in some companies it is necessary to indicate the persons authorized to place orders.

The processing time may depend on the completeness of the documents and the course of verification at each stage. In practice, we make sure that communication with the customer is as fast and transparent as possible.

Contact

Want to see if you can submit an application?

Contact your account manager assigned to your account on the b2b GVOLT platform. We will verify that your company meets the startup conditions and guide you through the steps of the process.

OFFICE

Address: Szyby Walenty 51, 41-700 Ruda Śląska

Tel: +48 668 944 655
E-Mail: biuro@gvolt.eu

Administration department

Need support in administrative, accounting issues?

Tel: +48 668 944 655 ext. 2
E-Mail: biuro@gvolt.eu

Logistics department

Would you like to learn more about the transport stage of your shipment?

Tel: +48 668 944 655 ext. 3
E-Mail: logistyka@gvolt.eu

Claims department

Do you have a problem with the operation of the product or need technical support?

E-Mail: reklamacje@gvolt.eu