Business financing up to €50,000.
A decision within 24 hours.

✓ No collateral ✓ Sign remotely with Smart-ID ✓ A repayment schedule that fits

Get in touch with us on Whatsapp

What does your business need funding for?

Your situation

“My clients pay in 30–90 days”

Our solution

Invoice financing

  • ✓From €1,000 per invoice
  • ✓3% (30 days) / 4.5% (60 days) / 6% (90 days)
  • ✓Money in your account the next day
Your situation

“I need to buy goods or materials”

Our solution

Purchase financing

  • ✓We pay your supplier
  • ✓A limit of up to €50,000
  • ✓Repay over up to 6 months
Your situation

“I need working capital”

Our solution

Business loan

  • ✓Amounts from €5,000 to €50,000
  • ✓Terms from 1 to 6 months
  • ✓2% per month + a 2% arrangement fee

What will it cost? A simple calculation.

Move the sliders to see the calculated costs for each of our solutions.

Invoice financing

€5,000
30 days
30d60d90d
Commission excl. VAT (3%): €150.00
VAT (21% of commission): €31.50
Total cost: €181.50

Purchase financing

€10,000
3 months
123456
Arrangement fee (2%): €200.00
Interest (2%/month): €600.00
Total cost: €800.00

Business loan

€15,000
6 months
123456
Arrangement fee (2%): €300.00
Interest (2%/month): €1,800.00
Total cost: €2,100.00
Apply for financing

How to get your funding

Three simple steps from the first conversation to financing.

  1. Get in touch

    Call us, message us on WhatsApp or send an email. Tell us what funding your business needs.

  2. We find the right solution

    We match the financing to your needs, assess the transaction and agree the terms with you.

  3. Receive your funding

    Once the transaction is approved, receive the funding to keep your business operating and help it grow.

The industries we help grow most often

Transport and logistics

Large European freight forwarders often pay only after 45 or 60 days. We help free up money for fuel, repairs and driver salaries as soon as the goods are delivered by financing your issued invoices.

A typical transaction

Factoring an invoice for a delivery to Germany €4,200, with money in the account the next morning.

Agriculture

Seasonal work requires immediate investment. We finance fertiliser and seed purchases before harvest and also offer agricultural machinery leasing (15% down payment, comprehensive insurance and GPS included).

A typical transaction

A working capital loan of €15,000 to start the sowing season, with flexible repayment after the harvest is sold.

Trade and manufacturing

Large orders require raw materials such as timber, metal and industrial oils. We pay your supplier invoices so you can start production immediately.

A typical transaction

Raw material purchase financing of €30,000, repaid in instalments over 4 months.

Forestry and logging

Forestry operations need a steady cash flow for fuel, equipment maintenance and wages. We finance invoices for delivered timber and help cover expenses while you wait for your customer to pay.

A typical transaction

A logging company finances a €15,000 invoice with a 60-day payment term to cover fuel and machinery repair costs.

Construction

Materials and workers need to be paid today, while payment for completed work may arrive later. Invoice and purchase financing help keep construction moving and enable you to take on new orders.

A typical transaction

A construction company finances a €20,000 invoice for completed work to pay wages on time and start its next project.

The stories behind the numbers

Client feedback and practical ideas for your business’s next step.

Explore our stories →
About us

Financing from real entrepreneurs

Scandipay is part of Pirmdiena Group — a private family office with more than 20 years of experience building global businesses.

We finance Latvian businesses using our own private capital. That is why we are not a typical bank: we do not have lengthy credit committees, slow bureaucracy or hidden fees. We are entrepreneurs ourselves and make decisions at the speed of business.

24h Decision time
B2B financing in the Baltics
  • Local Baltic market
  • Cross-border export invoices (UK)
  • Agricultural machinery

Frequently asked questions

How quickly can I receive the money?
We make a financing decision within 24 hours. Once the invoice or loan application is approved and the agreement is signed with Smart-ID, the money usually reaches your account on the same or next business day.
Does my business need physical collateral?
Most of our services — invoice and purchase financing, as well as working capital financing up to €50,000 — do not require physical collateral. We primarily assess your actual cash flow and the reliability of your customers. In some cases, such as agricultural machinery purchases, the equipment itself serves as security.
How long does my business need to have been operating?
We assess every situation individually, but to qualify for financing your business should ideally have been active and showing stable cash flow for at least the past 6 months.
How does selling an invoice differ from a traditional loan?
With invoice financing (factoring), you receive money for work already completed by selling your issued invoice to us for a fee. We then wait for payment from your customer.

A business loan provides working capital with a fixed repayment schedule of up to 6 months, helping cover operating expenses before the expected income arrives.
Are there hidden interest charges or additional fees?
Our fees are shown upfront in the calculators. Invoice financing has a commission based on the payment term. Purchase financing and business loans have a 2% arrangement fee plus interest of 2% per month. The final terms are set out in your offer and agreement.

Not sure which solution to choose? Let’s talk.

+371 28316687
invoices@scandipay.lv
 Contact us

Scandipay is part of Pirmdiena Group. We work with our own capital, allowing us to make decisions quickly and without bureaucracy.

SIA “Scandipay” · Registration no. 50203730031 · Ojāra Vācieša iela 6B, Rīga, Latvia, LV-1004

SCANDITRADE LTD · UK company no. 17197332
Country Depot, 124 City Road, London, United Kingdom, EC1V 2NX

Contacts
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