Home|News|New signing of Fibus in November 2023

New signing of Fibus in November 2023

Being a broker is not just about negotiating: innovation, through the creation of new types of contracts in collaboration with our partners, insurers or factors, is just as important.

Partager :

A case in point is our latest signature Credit Insurance: our new client specialises in programmatic advertising, a system for auctioning online advertising space in real time.

The invoicing circuit is therefore tripartite: our client, the advertisers and the media agencies. How do you finance a debt that doesn't really belong to its issuer? The media buying payment circuit is complex and highly regulated.

With operations in Europe and North America, and annual sales of 520 M USD, the problem statement was not a simple one. But no matter! Our action consisted of imagining, from an embryonic solution that already existed in the USA but was not being exploited, tailor-made contracts for all activities based in the USA, Canada and the UK.

  • 3 in 1.
  • At the same price.
  • And better.
Our client has now secured all its trade receivables with well-established credit insurance policies covering both advertisers and media agencies.

For a price that is actually lower than that of its former US insurance policy, which is not being used, it now covers its American and European activities, with improved negotiations on all the key points: premium rates, cover rates, time limits for declaring claims, investigation and monitoring costs, etc.

Fibus
signing
3 policies for the price of one, and on better terms.
  • Turnover : $520M
IT services specialising in programmatic
Negotiations

  • Canada and the UK added to the US policy, at a lower price
  • Improved premium rate
  • Optimised compensation quota
  • Longer claims notification deadlines
  • Investigation and surveillance costs revised downwards
    Innovation
  • New types of contract, adapted to the complex payment circuits of media buying
Partager :

These articles may interest you

How to choose the right factoring solution ?

How to choose the right factoring solution ?

Traditional or fintech, standard or tailored… here are some key insights to help you navigate a vast array of options. Read the article from Le Nouvel Économiste for a clearer understanding of the different factoring financing solutions available.

October 18, 2024

New signings of Fibus in September 2024

New signings of Fibus in September 2024

5 cases among our latest signings achieved in Factoring, Trade and Digital, in France and international, for ETI and big groups. The business sectors for these signings : manufacture, wholesale, telecommunications and treatment and disposal of non-hazardous waste.

Fibus' expertise covers 100% of factoring needs, including credit insurance and digital solutions for monitoring programmes.

September 24, 2024

New signings of Fibus in July 2024

New signings of Fibus in July 2024

Fibus met their different requirements - Factoring, Trade credit and IT solutions in various contexts: strengthening cash flow position, supporting an international build-up strategy, optimizing funding for a fast growing group in Europe.

Industries: Regulatory and pharmaceutical advisory services, Manufacture of pharmaceutical preparations, Manufacture of metal structures and parts of structures.

July 17, 2024

Contact us, so that, together, we can find the best solution for financing your accounts receivable.
Write us