Most Innovative SME Capital Provider 2019Go to the news page
The EU Business news encompasses some of the most vibrant business regions in the world that strive year after year to ensure economic growth.
In the last few years, Europe has been rocked by immense economic changes, with the most notable of these being Britain’s decision to leave the EU. The European Enterprise Awards are for those who weather the storm of economic uncertainty and continuously enhance their products and/or services to appeal to a global audience.
Factris is proud to get recognized and receives a "Most Innovative SME Capital Provider 2019" Award at European Enterprise Awards 2019.
Factris closes series A round to increase reach
Factris has 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 in the round included Speedinvest and Optima Investments, along with high networth investors.
Factris and NN Investment Partners agree on European financing agreement
Factris has closed a new EUR 50m secured financing agreement with asset manager NN Investment Partners (NN IP). The facility will be used to provide financing to European SMEs via the purchase of their trade-related invoices.
What is factoring?
Alternative forms of financing, like factoring, have never been more important for your business. Learn how factoring works for your SME. Factoring (or invoice financing as it’s also known) is well known to many businesses.