10 C
London
Wednesday, April 24, 2024
HomeBankingFactris & NN Investment Partners: Agree on European financing agreement

Factris & NN Investment Partners: Agree on European financing agreement

Date:

  • Factris has closed a new EUR 50m secured financing agreement with asset manager NN Investment Partners (NN IP)
  • The facility used to provide financing to European small and medium-sized enterprises (SMEs) via the purchase of their trade-related invoices
  • As invoice finance proving to be one of the fastest forms of funding available to small businesses
  • This enhancement enables NN IP to meet its responsible investing (RI) ambitions by supporting the European real economy
  • Factris aims to help small businesses during the ongoing pandemic, and excited to have NN IP as a new funding partner
  • Factris a proven financial leader through technological innovations, such as their Finance Automation for Business platform

Related stories

Payflows emerges from stealth with €25m Series A funding

Payflows Series A Funding:Fintech start-up Payflows has...

Kneip names ABN Amro Investment Solutions exec Elisa Alonso Sanz as new CEO

New CEO Appointment:Kneip, a Luxembourg-based fund data...

Revolut to launch operations in Mexico with new banking licence

Banking Licence Approval:UK challenger Revolut has received...

UK fintech Gresham Technologies to be acquired by STG Partners for £147m

Acquisition Details:UK fintech Gresham Technologies is set...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img