Banks are constantly saying NO. We are the people that say Yes.Go to the news page
Yes to financing your small business.
Yes to using technology to help you grow.
Yes to harnessing the power of Europe by embracing our diversity.
“It’s easy to hear the word "No" from a bank. Small businesses hear it often while asking for financial help. I heard it myself from my bank, despite being their loyal customer for years. When I asked for a loan to help grow my business, their response shocked me. The bank told me that they would only lend me money if I already had plenty of it. So, in other words, "NO".
It just didn’t make sense to me. If I already had the money I needed, why would I be asking for a loan in the first place? Yet, that’s how banks work- they hold power, they make the customer take all of the risks, and they are only there for you when you no longer need them.
After that experience, everything became clear: we needed something better, something designed for entrepreneurs and not for the wealthy. We needed an alternative to banks.
I began to liquidate my bank account and give Factris all that I had in order to help businesses access capital when it’s needed the most.
Since then, Factris has been able to achieve what was once thought to be impossible: Place the strength, expertise and resources of an international financial company straight into the hands of local, hard-working entrepreneurs throughout Europe. No more faceless financiers pulling strings and holding all the aces. At last, financing that small businesses can access quickly and easily.
That's why Factris is here: to be there for you as you grow your small business.”
- Brian Reaves, CEO of Factris
Finance Monthly has chosen Factris in the Fintech Innovation category
Year upon year, the Finance Monthly FinTech Awards recognise the true innovators who help drive the FinTech industry forward and help make the sector what it is today. Factris is among them.
Dexteritas funds Factris with EUR 5 million Facility
Factris has recently closed a funding round with the private debt fund Dexteritas for 5MM EUR. This funding will enable Factris to support more factoring companies, acquire loan portfolios, and free up trapped investment capital.
Global 100 Awards CEO of the year 2020 - Brian Reaves
Each award program comprises a unique, proprietary selection process and ranking method. Only the most worthy winners are chosen, based on their domestic and international work, according to a comprehensive set of criteria. Factris is proud to be recognised.