Description
FINEA provides you with a range of solutions designed specifically for VSMEs bidding for public contracts.
Organization
FINEA
Detail
Pre-invoicing advance:
This advance may reach 70% of the invoicing forecast granted on the basis of a financing request, in order to strengthen the cash flow of the VSME. This is intended to cover all expenses incurred or to be incurred for the fulfilment of the contract before invoicing.
Invoicing advance:
It covers the necessary deadline for obtaining the certificate of accrued charges. The advance deploys 80% of the amount of the invoices/counts, representing the receivables arising and entitling to payment and not yet recognized by the principal.
Accrued charges advance:
Issued at a rate of up to 90% of the ACC (Accrued Charges Certificate).
Eligibility
VSME winners of public contracts
