Factris factoring turns SMEs’ unpaid invoices into cash flow

2022-06-27

Meet Kaspars Barons, Factris Latvia managing director at RIGA COMM 2022, on the 6th-7th of October and find out the best financing offers that meet the individual needs of your business. Factris buys part or all of your invoices, depending on what works best for your business, converting debt into lightning-fast working capital for you to use with your business development. The factoring company also manages the collection of receivables and credit insurance.

Factris’ mission is to empower SMEs through financial technology with personalised guidance. When you factor, you essentially sell your unpaid invoice to Factris. Our software lets you upload your invoice quickly and easily.

Advantages to factoring with Factris:

Working capital that’s both fast and easy to access. Don’t wait another day for late payments—keep your business growing by converting debt into capital.
Credit management that helps you stay in control and keep moving forward by collecting your customer’s invoices, so you don’t have to.
Insurance for your financial protection. Rest easy knowing you won’t lose a thing when you factor.
Collection of receivables to get your mind off of what’s owed you—and back onto making your business a success.
Finance Automation for Business or “FAB” that simplifies financing via a one-stop platform where you upload invoices, monitor payments, receive same-day capital and request credit limits.

Factris is a fast-growing international financial technology company aiming to provide low-cost working capital to small and medium-sized enterprises across Europe. The company, founded in 2017 in Amsterdam, now provides factoring services in the Netherlands, Lithuania, Latvia, Poland and Belgium. Factris has been operating in Latvia since May 2019, showing steady growth. In June of 2022, Factris reached the milestone of 50 million euros in funded invoices.

Website: https://www.factris.com/

LinkedIn: Factris Latvia https://www.linkedin.com/company/factris-latvija

Facebook: Factris Latvia https://www.facebook.com/factrislatvia

Instagram: @factrislatvia https://www.instagram.com/factrislatvia/

Twitter: https://twitter.com/factris