Xolv helped machine builder pre-finance major project

Published on 21/01/2019

In the Netherlands, many dozens of financial institutions engage in working capital financing. These range from zzp-factoring (small invoices are advanced for a fee of a few percent), to financing debtor portfolios of millions of euros at large companies (for a fee of a few tenths of a percent).

When it comes to more complicated situations such as procurement and inventory financing, the playing field is already smaller. These forms of working capital financing are offered by only a few major banks and a very limited number of specialists. When it comes to even more specialised matters such as transaction finance, only a handful of parties have mastered it. Xolv is one of these parties.

Recent and successful case study

Xolv Finance's specialists helped a major machine builder pre-finance a large project on behalf of a Swedish stock exchange fund. Its own house bank saw no possibilities to temporarily increase credit lines for this one large project (size several millions of euros). In consultation with the machine builder's management, Xolv Finance arranged a solution with a temporary financing of as much as 90% of the order size. This with the agreement of the house banker and the client. It enables the machine builder to pay full attention to development and production without liquidity pressure, in order to deliver an optimal end product.

Want to know more about what transaction finance can do for you? We are happy to look with you when you can enter into new projects and transactions as a company. Please contact us via info@xolv.nl or 073 - 820 02 95. Our specialists will be happy to assist you.

Want to know more? Get in touch.