factris invoice financing factoring

News

Tips to get an invoice paid faster

It is vital for any business that debtors pay invoices on time. Unfortunately, in practice, not every outstanding invoice is paid on time. However, you have a number of options to speed up payment. If you use the tips below, you will increase your chances of getting...

How do you handle a defaulter?

Every entrepreneur has to deal with defaulters sooner or later. This is very annoying, because not only does this cause you to lose extra time, but it also affects your cash flow. So what exactly is non-payment? Non-payment boils down to companies or individuals who...

How to calculate working capital?

How to calculate working capital?

A healthy working capital is very important for any business. Without sufficient working capital, sooner or later you as a business will not be able to meet your monthly financial obligations. But what is working capital? And what does working capital actually consist...

How to improve your working capital?

How to improve your working capital?

Working capital is very important for a business. Without sufficient working capital, you can run into problems paying day-to-day expenses. However, too much working capital is also not desirable. But what exactly is working capital? And more importantly: how can you...

The pros and cons of outsourcing invoicing

Sending invoices is part of the administrative business process and takes time every month. You spend even more time if you have to deal with defaulters. Not every debtor pays the invoice within the payment period. It is therefore necessary to have a tight accounts...

What is a healthy working capital?

A healthy working capital is vital for any business. When you are short of working capital, you can run into problems paying day-to-day expenses. A healthy working capital is therefore often thought to mean: the more, the better, yet this is not entirely true. In...

What is working capital?

What is working capital?

As an entrepreneur, you face various financial obligations on a daily basis. To meet these obligations, it is very important to have sufficient working capital. But what exactly is working capital, why is it so important and how do you actually calculate it? We cover...

What to do with unpaid invoices?

As an entrepreneur, it is very annoying if you often have to wait a long time for payment of invoices sent. Nevertheless, it unfortunately happens more than once that it takes a very long time for the paying party to fulfil its duty. But what do you actually do if...

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 that you are no longer dependent on the applicable payment term. Even better: with factoring...

Types of factoring

Different types of factoring Factoring is an increasingly popular alternative method of financing for entrepreneurs. And that is not surprising, because factoring is the way par excellence to receive money at very short notice for work completed earlier, for which the...

What is credit insurance?

When you deliver products or services on account, you naturally want the invoice sent to you to be paid as soon as possible. Yet unfortunately, it regularly happens that the invoice is paid late or, in some cases, not at all. But what if, for example, your customer...

What is a factoring company?

A factoring company provides an alternative form of financing with immediate payment of your outstanding invoices. You sell the invoices to the factoring company and get the money in your account within 24 hours. Factoring companies charge a small fee for this. In...

What is a line of credit?

A line of credit is a well-known and widely used form of alternative financing for many businesses and companies. In many situations, a line of credit is a convenient way to create more financial leeway. Nevertheless, before applying for the credit, it is good to know...

What is factoring?

What is factoring?

Never heard of factoring before or just want to know more about it? No problem, we are happy to explain it to you. Because what exactly is factoring, how does factoring at Factris work, what types of factoring are there and for whom is factoring actually suitable? ...

What is credit management?

It is important for any business to optimise working capital and minimise credit risks. Credit management ensures that these goals are achievable and gives you every opportunity to build on the success of your business. However, maintaining tight credit management is...

Factris – SME Financing Innovators of the Year

Wealth & Finance magazine has announced the winners of the 2022 FinTech Awards, awarding Factris as SME Financing Innovators of the Year. It wouldn't be an exaggeration to say that long-standing brick-and-mortar establishments have dominated the financial...

Fintech Factris leaps forward with further funding

Dutch fintech Factris has secured 10 MM EUR more funding This new funding will provide financing to SMEs via invoice factoring Dutch fintech company Factris has secured € 10 MM thanks to their partnership with NN Investment Partners (NN IP). This funding will be...

Most Innovative SME Factoring Specialists – Europe

Acquisition International has announced the 2022 year’s winners of the Business Excellence Awards. Factris has been awarded as Most Innovative SME Factoring Specialists – Europe. The highly anticipated Business Excellence Awards returns to Acquisition International in...

Factris expands factoring into Belgium

By financing a fourth European market, Amsterdam-based Factris continues forward with their pan-European strategy The fintech will focus on SMEs in Belgium ANTWERP, BELGIUM Fintech Factris has just launched their financing services to SMEs across Belgium. This new...

The Pros and Cons of Factoring

The Pros and Cons of Factoring

More businesses than ever before are turning to factoring to meet their financing needs. Find out what the benefits and downsides are to see if it’s right for you. No matter how rich the soil is, a farmer is not going to grow anything without enough water. The same...

Factris continues to grow despite declining factoring trend

Factris’ 2021 results showed significant growth in portfolios, customers, and invoices financed Factris grew while general factoring shrank across the EU Factris has published their results from the first half of 2021, revealing substantial growth in their factoring...

Best accessible finance services 2021 – Europe

Acquisition International Magazine has announced the winners of the 2021 Business Excellence Awards. Factris is proud to announce we've won the 2021 Business Excellence Award. Business success can be defined in many ways and can be found in all locations, regardless...

Dexteritas funds Factris with EUR 5 million Facility

Funding from Dexteritas will enable Factris to extend their financing reach by purchasing portfolios from other factoring companies The contract puts the fintech company one step closer to becoming the EU’s largest SME working-capital provider Amsterdam-based fintech...

Global 100 Awards CEO of the year 2020 – Brian Reaves

EMG Publishing aims to provide a benchmark for the very "BEST OF THE BEST" industry leaders, exemplary teams, and distinguished organizations across the globe.   EMG Publishing has become a world-renowned publishing house, producing some of the world’s most...

SME Working Capital Provider of the Year 2020

The Netherlands Prestige Awards celebrates small and medium-sized enterprises consisting of localized businesses and sole traders that have thrived in their highly competitive community and have proven their success. Over the past year, 2,037 nominations were received...

Factris closes series A round to increase reach

Recent funding has given a boost to the Amsterdam-based fintech’s capabilities to finance SMEs Factris has recently concluded a EUR 5M Series-A equity funding round led by AB Ventures, the corporate venture capital arm of the Arab Bank. Current investors participating...

What is factoring?

Alternative forms of financing, like factoring, have never been more important for your business. Learn how factoring works for your SME. “There’s nothing new under the sun,” states an ancient proverb. In other words, just because it’s new to you, don’t think it’s new...

“Factoring” changed how SMEs did business in 2019

- The company Factris is positioning itself for success with its unique offering in the SME market - Factris has already experienced rapid growth with its innovative financial solutions personalized for its customers. New financing solutions changed how small and...

Netherlands Construction and Manufacturing Slows

Dutch construction and manufacturing companies are hampered by reduced demand, emissions issues and skilled labour problems Recent reports from the credit insurance company Atradius reveal signs of a slowdown in Dutch construction and manufacturing. The report on...

Dutch SMEs are struggling with cash flow

Recent research reveals more than one in three SMEs find cash flow a challenge A connection lies between unpaid invoices, banks and the struggle that SMEs face The financial service companies Euler Hermes and Bibby have released the findings from their annual survey....

14.000 freelancers can now be paid earlier through factoring

Factris enters a partnership with Verloning.nl A partnership has recently been announced between the fintech company Factris and the Dutch freelancer platform Verloning.nl. This new partnership will allow freelancers working via the Verloning platform to use Factris’...

EU Banks to restrict lending to SMEs

A regulatory framework for banks will soon change across Europe SMEs trying to secure loans from banks will suffer the most from these changes 70% of SMEs rely on bank loans, signalling trouble for millions of small businesses   Changes in regulations across the...

Factris’ CEO Brian Reaves wins CEO Awards 2019

We are proud of our CEO, Brian Reaves, who has been awarded this year! It is a recognition of the whole Factris team for achieving desired goals and being driven forward by such a CEO.  Read the full item of Finance Monthly CEO Awards, on page 22.   About Brian...

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.   Factris was chosen as it demonstrates exceptional achievement in...

More small businesses say NO to banks in 2019

Alternative-banking solutions are catching on at an exponential rate across Europe   Factris has published results for the first half of 2019 demonstrating the growth in alternative financing solutions. The report showed that from January to June of 2019,...

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? Many would enthusiastically respond,...

Strongest in Lithuania and in the Baltic region

We are proud of our small, but meaningful achievements - ABALT 2018 certificate notes that our company is "A" class leader in our business sector in the Baltic region and credit bureau "Creditinfo" certificate indicates that we have a high credit score in Lithuania,...

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. In addition to this, the court ordered Facturis...

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. Despite its present ubiquity, I dare to...

Factris acquires Lithuanian factoring company Debifo

Factris announced the successful conclusion of the 100% acquisition of “Debifo” for an undisclosed purchase price.   Debifo is a leading working capital provider in Lithuania with a 35% market share in the alternative lending space and growing rapidly. The...

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. Factris is a fintech...

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 of immigrants.   As an immigrant from the US to the Netherlands, I often wonder why. I see fantastic...

Focus on telling your business story

Trade your invoices for working capital by factoring

This site is registered on wpml.org as a development site.