News
Dutch SMEs are struggling with cash flow
The financial service companies Euler Hermes and Bibby have released the findings from their annual survey. Many SMEs in the Netherlands are struggling with capital. According to the survey, managing debtors is greatly contributing to this issue of cash flow.
Read the full article
People of Factris - behind the scenes!
Fatima has come a long way despite her young age. Back in her native Morocco, her education in computer science opened up a lot of opportunities for her. She quickly found success working as a frontend developer at the multinational company Capgemini.
Read the full article
How to prepare your SME for a financial slowdown after Christmas
While many dreams of what awaits them beneath glimmering wrapping paper, others anxiously face an avalanche of business activity that they can hardly keep up with - only to be left feeling financially out in the cold when it’s all done.
Read the full article
14.000 freelancers can now be paid earlier through factoring
A partnership has recently been announced between Factris and the Dutch freelancer platform Verloning.nl. This will allow freelancers working via Verloning to use Factris’ services, enabling them to get paid within 24 hours for invoices sent through Verloning.
Read the full article
People of Factris - behind the scenes!
Justas can safely be called a pioneer in non-banking invoice financing in Lithuania. Seeing the lack of this service in 2015, he had such faith in his business idea that in spite of the dissuasion of sceptics, he “rolled up his sleeves” and dived right in.
Read the full article
Factris wins "Most Client-Focused SME Financing Solutions Provider 2019" award
Factris has built its reputation by disrupting the financial industry through their innovative solutions to traditional banking. Discover how this firm is the ‘Most Client-focussed SME Financing Solutions Provider’ for 2019.
Read the full article
People of Factris - behind the scenes!
This is a person who can definitely be called a Factris (formerly Debifo) veteran in Lithuania. “I was the first employee at this company, aside from the manager at the time, of course,” says Edmundas, who has been working in the company for four years.
Read the full article
People of Factris - behind the scenes!
On one hand, Brice is “attracted to logic and numbers” and applies a structured approach to thinking through the outcome of every decision, and on the other, he thrives on new experiences and not knowing what tomorrow will bring.
Read the full article
Factris: EU Banks to restrict lending to SMEs
Changes in regulations across the EU will create new problems on small and medium-sized enterprises (SMEs) in an already difficult lending environment. Cash flow is already a significant problem for SMEs across Europe.
Read the full article
Why Does Factoring Remain Out of Reach for Peer to Peer Platforms?
Call a taxi, order dinner, pay your bills - all from the computer on your lap or the smartphone in our hand. Without question, we're using new technology more and more to accomplish everyday tasks. But have these efforts been successful?
Read the full article
Factris' CEO Brian Reaves wins CEO Awards 2019
Factris is very proud of our CEO, Brian Reaves, who has been awarded this year by Finance Monthly! It is a recognition of the whole Factris team for achieving desired goals and being driven forward by such CEO.
Read the full article
People of Factris - behind the scenes!
I always say that just having a good idea or product but not telling anyone about it is not enough. On the other hand, sometimes people view those of us who work in marketing as magicians whom everything depends on. That’s not right either.
Read the full article
Factris will soon dominate SME financing in Europe. Here’s why.
Gaining people’s trust and loyalty isn’t easy; whether it’s a teenager looking to their parents for more freedom or a fintech company looking to finance small businesses, it really comes down to having specific reasons to believe in a positive outcome.
Read the full article
People of Factris - behind the scenes!
Paulius Jauga joined the fast-growing Factris team only a year ago, and the rapid growth of the company has rubbed off on him as well- he’s noted personal growth in himself with each passing day.
Read the full article
Banks are constantly saying NO. We are the people that say Yes.
Read the full article
Factris named as one of One to Watch for EBA
Factris has been named as ‘One to Watch’ in Europe in a list of business excellence published by the European Business Awards, one of the world’s largest and longest-running business competitions.
Read the full article
Strongest in Lithuania and in the Baltic region
Factris is certified as "A" class leader in our business sector in the Baltic region. Credit bureau "Creditinfo" certifies that Factris has a high credit score in Lithuania.
Read the full article
More small businesses say NO to banks in 2019
The details contained in the report show that more than ever, small and medium enterprises (SMEs) across Europe are starting to reject traditional banking in favour of more-responsive financing alternatives when they need temporary cash flow.
Read the full article
How serious of a problem are late payments
Late payments are toxic to the growth, profitability and sustainability of your business. What can your business do about this debilitating problem? Ask yourself a question: Is your business moving forwards or backwards?
Read the full article
Factris Disrupts Traditional European Financing with New Platform
The platform forges new ways to make financing easier and more available for small and medium businesses. Factris has launched a new version of their Finance Automation for Business platform or the “FAB” platform for short.
Read the full article
Factris launches services in Latvia and names new country managers
Factris announced the launch of financing services uniquely suited for SME's in Latvia through its wholly-owned subsidiary, based in Riga. The Latvian market is ripe for alternative financing, and Factris has positioned itself to seize this opportunity.
Read the full article
How your seasonal SME can weather challenges throughout the year
An age-old proverb to anticipate what the weather will bring goes like this: “Red sky at night, sailor’s delight; Red sky at morning, sailor take warning”. In order to plan ahead, sailors need to know what weather awaits them.
Read the full article
Factris is consolidating its position in Lithuania and is expanding into other European markets
The Lithuanian factoring company previously known as Debifo is re-launching as Factris. The move comes after a merger with the Dutch factoring company, Factris, which was completed in January.
Read the full article
Factris wins court case brought by Rabobank
The Amsterdam fintech company Factris does not have to change its name. Rabobank subsidiary Facturis loses summary proceedings against the company. This decision was announced on 3 April by the Court of Amsterdam.
Read the full article
There is a dark side to exporting, but it can be avoided
The desire to grow is probably high on every business owner’s agenda. Some start out trading in their domestic market and then move on to explore overseas opportunities when circumstances permit, while others go global immediately. And this is welcome.
Read the full article
Credit hasn’t always been self-evident
Borrowing is a common practice among governments, businesses, and consumers. In fact,never in the history of humanity has global debt been this high. Few people realize that credit hasn’t always been as popular as it is today.
Read the full article
Factris announces the expansion and investment plans in Lithuania
Factris intends to scale its development team and operations in Lithuania to accelerate the development of its factoring platform and execute on its ambition to become the Pan-European leader of working capital solutions for SMEs.
Read the full article
Building a successful company culture
We all want success in business, and few people here would disagree that company culture has an enormous impact on the performance of a team. There are many ways to cultivate a thriving environment, but after having been involved in building many..
Read the full article
Factris acquires Lithuanian factoring company Debifo
Factris announced the successful conclusion of the 100% acquisition of “Debifo” for an undisclosed purchase price.
Read the full article
Understanding Customer Lifetime Value
In writing about customer value, I am looking at the financial side of the equation that is only part of the overall company journey, but often does not receive enough attention.
Read the full article
Factris concludes EUR 100 million credit facility agreement
Factris announced the successful conclusion of a €100 million credit facility agreement through Swiss investment advisor ruvercap. The credit facility will be used to provide working capital to small and medium-sized businesses throughout Europe.
Read the full article
Factris concludes EUR 1.5 million funding round and Acquires Crown Finance
Factris announced the successful conclusion of the funding round led by the European venture capital fund Speedinvest Fintech.
Read the full article
Leveraging the European Project
The European project has suffered from a lot of negative sentiment lately, with populist movements gaining ground in Hungary and Italy, Brexit and the influx immigrants.
Read the full article