Factris Strengthens Growth with Major Funding
Factris has secured a €100 million facility from Brand New Day. This significant deal will enhance its factoring finance services and support small and medium-sized businesses across Europe.
Supporting SMEs with Factoring Finance
Factoring finance helps businesses improve cash flow by selling unpaid invoices. With this funding, Factris can offer more flexible financing solutions to SMEs struggling with delayed payments. This move empowers businesses to focus on growth instead of financial stress.
Brand New Day’s Strategic Partnership
The collaboration with Brand New Day highlights investor confidence in Factris’ business model. The facility enables Factris to strengthen its reach and provide innovative financial solutions to companies across different industries.
Expanding Market Presence
Factris plans to use the facility to scale its factoring services. By combining technology with financing expertise, it aims to simplify invoice financing and make it more accessible for European businesses.
Boosting Digital Financial Solutions
With the rise of fintech, Factris leverages AI-driven tools to assess risks and provide fast funding. This €100 million boost allows the company to improve efficiency, reduce approval times, and meet rising demand for digital financial services.
Impact on European SMEs
Small and medium-sized businesses often face challenges with cash flow. This facility gives them access to quick financing, helping them sustain operations, pay suppliers, and invest in growth opportunities.
Future Outlook for Factris
With fresh capital, Factris is well-positioned to expand its customer base and strengthen its role in the European factoring market. The funding demonstrates confidence in its long-term vision and growth strategy.
Conclusion
Factris’ €100 million facility from Brand New Day marks a milestone in its mission to support SMEs. By boosting factoring finance, Factris empowers businesses with financial freedom and fuels growth in the European economy.
