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Do you understand all the financial terms? That’s great. For everyone else, we provide a glossary - to make sure we’re all on the same page.
A legal term for the situation in which a company or individual can no longer pay their debts. A situation you can avoid by enlisting eXago’s services in time.
An insurance policy that protects businesses against the risk of clients not paying their invoices, for example due to bankruptcy. Or you could rely on our effective payment collection and personalised approach.
The situation in which a company or individual is no longer able to pay their debts, which can lead to bankruptcy. With eXago, you intervene before it gets to that point.
The interest rate a company pays on drawn credit. A good reason not to leave outstanding invoices drag on for months.
The maximum amount a client may take on credit, determined on the basis of creditworthiness.
The degree to which you can trust a client to pay their bills correctly and on time.
A loan with a maturity of less than one year, often used to bridge temporary financial shortfalls. Or just make sure you get paid faster, with eXago’s help.
A European network for secure and standardised e-invoicing.
A flexible advance from the bank that allows a company to cover a temporary cash shortfall, for example, to pay salaries. Or you could just collect your money faster with eXago.
The extent to which a company is able to pay its bills - such as wages, suppliers or taxes - in the short term without any problems. A strong liquidity position means having enough cash to keep a business running - and that’s where eXago comes in. We make sure your cash is not tied up in outstanding invoices, but available when you need it.
A (partial) advance payment on an invoice. Always nice to have, eXago makes sure the balance follows.
A Belgian digital platform for handling bankruptcies and judicial reorganisations. A place you’d rather not end up - eXago helps you avoid it.
The fact that you’re here is both good and bad news. Bad, because you have outstanding invoices of which, deep down, you’ve had enough. Good, because we can help you. How? You’ll find out in our demo. No sales pitches, just a no-nonsense explanation of how we can restore the health of your cash flow.
Nearly fell off your chair scrolling through our website and missed the demo buttons? No worries. Send us your question using the form and we’ll get back to you as soon as possible.
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