Tuesday, February 7, 2023

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Factris & 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 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

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