Our case studies

• Assigned turnover: €4.5m
• Facility: €300k

Secure a rapid replacement financing solution ahead of the imminent termination of the facility by the outgoing factor, in order to address a high level of indebtedness and low profitability

France

• Securing cash flow through a tailored factoring program
• Improvement of the advance rate (financing ratio)

• Assigned turnover: €25m
• Uncapped facility

Structure a factoring facility in the context of a carve-out of a loss-making company, financing working capital needs to support operations and preserve cash flow, while identifying a responsive financing partner capable of supporting a temporarily elevated risk profile

France

• Factoring agreement signed prior to closing, ensuring financing continuity
• First funding within 2 days – fast and efficient execution
• Deployment of an optimized, digitalised factoring program with ARI Trade
• Competitive pricing despite a restructuring context

• Annual revenue: €3.2bn
• Facility: €520m

Negotiate a pan-European extension of a French factoring facility and standardise customer risk management across all European entities

European Union

• Negotiation of a pan-European extension of a French factoring facility
• Harmonisation of customer risk management across Europe
• Increase of more than €370m in the financing facility over 5 years
• Integration of 5 to 10 annual bolt-on acquisitions into the group’s factoring program
• Deployment of our ARI Trade IT solution to facilitate entity onboarding and overall program management

• Annual revenue: €7m
• Uncapped facility

Improve the financial structure to ensure cash flow availability at a competitive cost

France

• Deployment of a competitive financing facility at a 2.3% rate, excluding benchmark rate
• Implementation of a balance financing agreement despite a limited volume of customer accounts
• Minimal additional accounting documentation required thanks to negotiations with Fibus

• Annual revenue: €3.25bn
• Facility: €450m

Replace the existing ABL with a 3-year committed non-recourse facility and secure attractive terms with low margins and minimal non-utilisation fees

Germany, Norway

• Flexibility provided by a derecognised facility with full portability secured in the event of an exit
• Maximum advance rate achieved, with no retention, reserve, or discount, unlocking the full financing capacity of the receivables portfolio
• Deployment of ARI Trade to end-to-end optimize the factoring program, ensuring capture of 100% of available financing potential

• Annual revenue: €350m
• Financing facility: €65m

Secure liquidity during the restructuring to ensure business continuity, while managing a complex IT landscape and maintaining visibility and control over financial flows

France, Italy, Liechtenstein, Portugal, Spain, Swiss, United Kingdom, United States

• Rapid deployment of the factoring program, ensuring cash flows in a restructuring context
• Automation of invoice validation and receivables assignment through ARI Trade
• Enhanced visibility over financial flows and reduced invoicing discrepancies
• Optimised financing through automatic detection of underfinancing and cash optimisation opportunities

• Assigned turnover: €230m
• Facility: €40m

Overcome financing challenges linked to a subscription-based business model and select factoring partners capable of covering the Group’s international entities independently of the French entity

Canada, Germany, Swiss, The Netherlands, United Kingdom, United States

• Derecognition of the factoring program to ensure compliance with senior debt covenant ratios
• Achieved a significant financing ratio for the company at attractive pricing conditions, despite a business profile typically considered less suited to factoring
• Deployment of ARI Trade to optimize factoring operations and maximize financing efficiency

• Annual revenue: €1.8bn
• Facility: €250m

Renegotiate more favourable financing terms and reduce operational complexity of a program with a large volume of receivables

Czech Republic, France, Germany, Italy, Poland, United Kingdom

• Maximum advance rate achieved, with no guarantee fund required
• Accelerated cash flow and strengthened balance sheet flexibility, improving the company’s financial agility
• Reduced operational burden of the program through balance sheet receivables purchase (balance assignment)

• Assigned turnover: €460m
• Facility: €140m

Support the organic growth and post-acquisition build-up strategy of a Private Equity-backed group by centralising multiple local facilities with a single French factor, improving efficiency and increasing financing capacity

Italy

• Consolidation of four legacy programs (four different factors) into a single financing facility
• Increase in financing capacity by +€40m
• Confidential, derecognised program management through our ARI Trade platform

• Annual revenue: £1.4bn
• Financing facility: £150m

Manage contractual anti-assignment restrictions under UK law limiting the use of confidential factoring, while ensuring protection through credit insurance in a stressed UK retail environment

United Kingdom

• Specific contractual framework implemented to enable confidential factoring despite anti-assignment restrictions
• Deployment of a tailor-made credit insurance policy: low operational impact, off-balance-sheet treatment compliant with auditors’ requirements, and alignment with the factor’s constraints and the structure’s specificities (occasional co-insurance)

• Annual revenue: €15m
• Facility: €4m

Renegotiate the factoring agreement to optimize the existing scope and reduce costs

France

• Improved contractual terms, including a significant reduction in costs (approximately halved)
• Increased available financing through negotiation of an undisclosed structure instead of a disclosed (notified) arrangement

• Annual revenue: €12m
• Facility: €2.5m

Address an urgent cash requirement in a restructuring context by identifying a factoring partner suitable for a communications sector that is typically difficult to finance

France

• Rapidly released cash, fully covering the financing requirement
• Financing secured within 7 weeks, despite a sector traditionally considered difficult for factoring
• High advance rate and competitive pricing conditions, in an otherwise constrained financial environment