Source data for factoring companies and funds

Every invoice in the industry, seen at its source.

Fapro is the platform that connects factoring companies and funds with the source data of every invoice, from official sources such as the SII, Chile’s tax authority, and the Chilean Treasury (TGR). You decide with your own criteria; we provide the information.

  1. IssuedThe company issues it
  2. SIIIt is registered
  3. FaproWe read the source
  4. FactoringEvaluates and assigns
  5. FundApproves and funds
+90,000
companies with their tax information
7 years
connected to the SII
5 funds
in the Smart Funding network
ISO 27001
certified by DNV
With Fapro we get information easily, quickly and securely. It is a powerful, easy-to-use tool that lets us reduce operational risk and prevent fraud
Héctor Arias · Head of Risk, BL CapitalTranslated from SpanishRead the BL Capital story

The problem

Factoring companies and funds worked with self-reported data and spreadsheets.

Every deal depended on what the client reported and on spreadsheets emailed back and forth. With Fapro, factoring companies and funds look at the same source data.

TopicBeforeWith Fapro
InformationA tax folder supplied by the client, which can be altered.The invoice as it was born in the SII, exactly as issued.
Sending to fundsSpreadsheets and emails to send deals to each fund.One batch, several funds and the re-assignment filed with the SII, all in one place.
RiskRisk shows up when it is already too late.Daily alerts: Insolvency Bulletin, Treasury debt, disputed invoices.
MarketYou don’t know how much your clients factor elsewhere.Share of wallet and opportunities: who to call today, and for how much.
IntegrationPayment portals and heavy migrations.No need to change your system: we handle the integration.

Solutions

Four tools, the same source data.

Smart Finance to know and monitor your portfolio, Smart Funding · Factoring to send invoices to several funds, Smart Funding · Funds to receive and evaluate them, and Onboarding to bring in documents straight from official sources.

For factoring companies

Smart Finance · know, monitor and grow your portfolio

A 360° profile of every company, threshold-based traffic lights, flagged debtors and the reasons why, unassigned financeable invoices, and share of wallet: how much of what each client factors goes through you and how much through others.

Explore Smart Finance
For factoring companies

Smart Funding · Factoring

Send your invoices to several funds from one place, compare each fund’s advance and re-assign to the fund or to the Bolsa de Productos de Chile (BPC), Chile’s commodities exchange, without leaving Fapro. Free for every party, and the client always stays yours.

Explore Smart Funding · Factoring
For funds

Smart Funding · Funds

Receive deals with source data and evaluate them invoice by invoice. Your rate, your criteria; we handle the integration with your system.

Explore Smart Funding · Funds
For companies that onboard companies

Onboarding · official-source documents, in minutes

Your client connects with their SII credentials and you get their information without asking for a PDF.

Explore Onboarding
< 30 svalidation
2 minactivation
up to 70%fewer lost prospects
  • Tax folderSII
  • Tax debt certificateTGR
  • VAT returns (F29)SII

Customers

Results from teams already working with Fapro.

More voices from the industry

  • Using Fapro let us rule out fraud worth more than CLP 100 million. Thanks to the solution, financial companies stay connected, can react faster and operations are more efficient and secure
    Risk Manager · Factoring companyTranslated from Spanish
  • Fapro let us increase sales by 60% and our portfolio grew 2.5x. With the solution we get financial information faster and evaluate and approve deals with more agility, improving customer satisfaction
    CFO · Financial companyTranslated from Spanish
  • Thanks to Fapro, we have strengthened our relationship with investment funds. Working with Fapro’s smart financial solution opened the door to new funding lines
    Partner and Commercial Manager · Factoring companyTranslated from Spanish

Security

Your SII credentials, under mandate.

The invoice travels; your credentials don’t. Fapro only reads information from official sources, such as the SII and the Chilean Treasury, with audited controls.

ISO/IEC 27001:2022Certified by DNV

How we protect your data

  1. Read-onlyWith a company’s credentials we only read; we never issue or change its documents.
  2. EncryptedStored encrypted, and no one at Fapro can see them. Only the system uses them to read official sources.
  3. RevocableThe company cuts off access whenever it wants, for whoever it wants.

Book a free demo.

In 30 minutes we show you Fapro with your own portfolio or your evaluation inbox.