Trends in working capital finance
Banks used to be mainly active in financing working capital to both SMEs and large companies. As a result of the Basel Accords and strict internal rating models, banks are imposing increasingly stringent requirements on SMEs. As a result, they increasingly have to say 'no' to a financing request. Since the financial crisis, many new alternative financing companies have therefore emerged, such as factoring companies and crowdfunders. They dominate these days.
Making the right choice
Since the crisis, there are dozens of factoring companies but also crowdfunding organisations new to the market. So lots of choice, which at the same time makes it difficult. Because what exactly do you look for when selecting the right party? Xolv Finance can advise you on this. Based on a thorough analysis of your situation, needs and wishes, we draw up a financing proposal based on real figures. We will then seek out the best parties for you in order to make the right choice. In addition to the figures, we also look at the conditions and securities set by the financing companies. Below, we explain how factoring and crowdfunding works using infographics.
How does factoring work?
How crowdfunding works
