Liquidity problems: how to solve them?
Liquidity problems can happen to both individuals and businesses and pose a challenge to financial health. Liquidity it important. Insufficient cash to meet financial obligations can lead…
-
-
What is solvency?
Insolvency is a legal term used to describe when a person or organisation is unable to meet its financial obligations. This can happen when a…
-
How does factoring work?
Tired of waiting even longer for the money from unpaid, sent invoices? Then factoring is the solution for you. This alternative method of financing for entrepreneurs ensures…
-
Fintech Factris Lands €50 Million For SME Lending From Aegon AM
Having just reached the milestone of financing €1 billion in invoices in Q1 of 2023, the Amsterdam-based fintech Factris has received further momentum thanks to…
-
Fintech Factris reaches €1 billion in financing after meteoric 2022 results
Amsterdam-based Factris closed out 2022, surpassing expectations thanks to a year-end report showing double-digit increases in average portfolio size, number of clients, and financing volume….
-
What is a credit check and why is it important?
When doing business with other companies, it is important to know who you are dealing with. A credit check can be of great value here….
-
Creditworthiness
In the world of finance, creditworthiness is a crucial concept. In this article, we will discuss what creditworthiness is, why it is important, how it…
-
Legal payment term: everything you need to know
The legal payment term is a crucial concept to understand when drafting invoices and payment agreements between companies and consumers in the UK. It refers…
-
How do I keep an overview of outstanding invoices from debtors?
As an entrepreneur, it is important to have a good overview of outstanding invoices from debtors. That way, you can manage your cash flow better…
-
What is a defaulter and how do you recognise them?
A defaulter is someone who does not pay his or her bill. This can range from large payments like a mortgage to small payments like…
-
How to prevent defaulters?
Defaulters can have a major impact on a company’s financial well-being. Therefore, it is very important to prevent defaults. In this article, we will discuss…
-
How does debtor management work?
Accounts receivable management is an important part of a company’s financial management. It involves managing outstanding invoices and collecting funds from customers. Efficient debtor management is crucial…