News
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
Why peer-to-peer factoring tends to fail
Peer-to-peer (or P2P) platforms have become extremely popular in the financial industry. If you search on Google for peer-to-peer platforms, the majority of the results link to lending platforms.
Read the full article