Debiteurenbeurs and Credion recently started to collaborate. Through collaboration Debiteurenbeurs and Credion give entrepreneurs the opportunity to enhance their liquidity position.
The startup Debiteurenbeurs from Enschede and consultancy Credion recently started to collaborate. Credion, advisor and mediator when it comes to lending to SMEs, can provide entrepreneurs an alternative to stay in business. Debiteurenbeurs on the other hand benefits from a wider network of companies that are looking for an alternative form of funding.
Debiteurenbeurs is designed to improve the liquidity position of SMEs. This method has already been tried in other countries, but is new in the Netherlands. Because debtors often pay (too) late, a company’s growth is inhibited. At the online marketplace of Debiteurenbeurs entrepreneurs can easily improve their liquidity by selling long outstanding invoices via an auction system to a pool of investors. Simultaneously, the Debiteurenbeurs provides investors the opportunity to achieve an attractive return on their capital at an acceptable risk. The Dutch AFM has granted an exemption repayable funds.
Since 2000, Credion helps entrepreneurs to provide in their financing needs, by providing specialized knowledge and creating strong relationships with lenders. After a risk assessment companies receive advice on how to fill their funding in question. In 80% of cases, bank credit is not sufficient for an entrepreneur, but they also look for other sources of money. “By offering the ability to finance outstanding invoices, we give the entrepreneur the opportunity to continue with their business”, says Van der Weg, CEO of Credion. “By working together with Debiteurenbeurs we can offer SMEs another unique party as a financing solution.”