Acceptance Criteria
Version 1.0 – March 2025
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
Only for Platforms:
Merchants must have 3 months or more sales history (at least 1 transaction) on the Platform
Receivable Eligibility and Exclusions
Receivable Eligibility
Fully delivered goods or completed services with documented, unchallenged buyer acceptance
Maximum invoice amount of €150,000 per Invoice
Maximum outstanding of €250,000 per Buyer
Invoice Payment Terms between 14 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
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
