If you've been affected by Covid-19 or struggled to get credit in the past, a PayRay factoring service or loan supported by INVEGA could help get you back on track.
Endorsed by the Lithuanian government, INVEGA provide financial services to small and medium businesses who might not qualify for credit without a guarantee.
Our partnership with INVEGA means we can support even more customers to increase their business development opportunities with a range of guaranteed products.
Portfolio 80% guaranteed by INVEGA
Borrow up to €1.875 million
Unlock working capital
Up to 90% invoice value in advance
Competitively low fees
Approval in 48 hours
How it works
Invoice your buyer
After selling a product or service, you issue the buyer with a deferred payment invoice.
Get paid immediately
Once your buyer has signed the invoice you forward it on to us. We'll then pay you up to 90% of the invoice total in 3-5 days.
The buyer pays us
Once the invoice is paid in full, we’ll deduct the advance payment and any accumulated interest before transferring the rest to you.
When we needed more working capital, PayRay reacted extremely fast and granted us a factoring limit in a few days.