Transparency is one of the pillars of our approach. In line with MachinePlatform's mission which aims to make the market for second hand packaging machinery more efficient and transparent, we apply the same principle to our dealings with prospective buyers and sellers. This means that we are also completely transparent in all our financial dealings. The table below provides an overview of the costs:
Lastly, we will translate the information provided in the above in an example.
Seller A places an item on MachinePlatform for which the seller A wishes to receive an amount of € 3000,-. In the event MachinePlatform does not succeed in facilitating the sale of the time, Seller A is charged € 0,-. Should MachinePlatform successfully facilitate the sale of the placed item, a commission of 10% of the value of the transaction is charged (transaction value in the example is < € 100.000,-). Following this example a commission of € 300,- is due and seller A will be paid the amount of the invoice minus commission within 14 days after completion of the transaction.
Should you have any questions regarding the financial handling don't hesitate to contact us at
financedepartment@machineplatform.com.