Factris Holding B.V.

Best Alternative SME Financing Solutions Provider 2020 - Europe

2020

The fintech company Factris, with offices in the Netherlands, Lithuania, and Latvia, has been disrupting the financial system with its innovative solutions to traditional banking since 2017. The company focuses on assisting SMEs by providing low-cost working capital, along with other custom-tailored financial services. The primary weapon in Factris’ arsenal is an innovative method called “factoring.” Instead of the traditional, complicated process of acquiring a small loan from a bank, factoring allows an SME to receive almost-instant capital by Factris purchasing their unpaid invoice and managing its collection for a fee.