Factris News | Oct 10, 2024

Factris has merged its operations with the recently acquired Lithuanian fintech company Debifo to further develop its factoring platform and aims to become a European leader...


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Factris

🌎 factris.com

Factris is a financial technology company based in Amsterdam, North Holland, with a mission to empower SMEs through personalized guidance and accessible financing solutions. They specialize in SME financing, factoring, debt management, debtor insurance, and invoice finance.


Updates as of Oct 10, 2024

  • Factris has merged its operations with the recently acquired Lithuanian fintech company Debifo to further develop its factoring platform and aims to become a European leader.
  • Factris now offers transparent and flexible factoring rates between 1% and 3%, tailored to specific business needs based on factors like invoice volume and customer creditworthiness.
  • Factris has launched an onboarding module on their website to provide tailored factoring offers and can pay out the first invoices within 2 days.
  • Tomasz Domagalski, Country Manager at Factris Poland, highlights that Factris offers export factoring to improve cash flow, ensure stable financial planning, verify client credibility, and protect receivables for Polish businesses operating internationally.
  • Factris highlights changes in Dutch debt collection costs starting October 2024, which may impact entrepreneurs dealing with unpaid invoices.

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