1. Merchant and Buyer Eligibility

• B2B only: Merchants and Buyers must be “entrepreneurs” according to § 14 German Civil Code

• Merchants must be in business for 24 months or more

• Buyers must be in business for 12 months or more

• Clean AML/KYC/KYB and no negative credit bureau records

2. Receivable Eligibility and Exclusions

Receivable Eligibility

• Fully delivered goods or completed services with documented, unchallenged buyer acceptance

• Maximum invoice amount of €250,000 per Invoice

• Maximum outstanding of €250,000 per Buyer

• Invoice Payment Terms between 7 and 90 days

• Self-certify: Receivables are free of pledges/encumbrances

• No set-off of claims between Buyers and Merchants against financed receivables

Receivable Exclusions

• No receivables of Buyers that had a payment delay of 45 days or more within the last 12 months

• No disputed, overdue, or defaulted receivables

• No partial or milestone payments

• No invoices with assignment limitations

• No pre-payment invoice (prior to performance)

• No retroactive discounts/credits

• No connected-company invoices

• No invoices from Restricted Industries

3. Process Requirements

• Tilta may refuse any receivable at its sole discretion

• Tilta can contact the Buyer to confirm delivery/performance

• Funds are only disbursed to IBANs confirmed by micro-transfer or bank letter.

• SEPA B2B Direct Debit Mandate to the Merchant’s account is required for efficient handling of refunds and misdirected payments