Our case studies

• 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

• Annual revenue: €680m
• Facility: €65m

Transform the Group’s existing factoring programs into a centralized financing facility that is resilient to changes in ownership, in preparation for a potential exit

Italy, United States

• Consolidation of existing programs into a single centralized solution
• Implementation of a 3-year committed financing facility with no financial covenants
• Negotiation of an “exit-ready” and scalable agreement enabling plug-and-play onboarding of future sellers

• Annual revenue: £140m
• Facility: £15m

Bypass restrictions on receivables assignment clauses and implement a financing program for public-sector debtors in the United Kingdom

United Kingdom

• Structuring of a financing program for public-sector debtors in the United Kingdom
• Circumvention of anti-assignment clauses
• Non-recourse factoring compliant with IFRS, backed by delegated credit insurance and a 3-year committed facility
• Accelerated and optimised financing enabled by the ARI software platform

• Assigned turnover: €20m
• Facility: €5m

Meet a 2-month deadline to optimize a non-recourse financing solution

France

• Implementation of a €5m non-recourse program in 2 currencies (€ and $)
• Integration of a credit insurance policy with optimized credit limits
• Deployment of our ARI solution to secure the launch and optimize management
• Funding received into their bank accounts in under 2 months

• Assigned turnover: €92m
• Facilities: €6m for Italy and an uncapped financing line for France

Identify a credit insurer capable of integrating into a bank syndicate in order to unlock additional bank guarantee capacity

France, Italy, Norway

• Tailored financing solutions to prevent lost commercial opportunities for the client
• Establishment of a bank syndicate including a credit insurer to diversify risk and strengthen financial capacity

• Assigned turnover: €1.6bn
• Facility: €300m

Replace the existing financing structure with a global facility across Europe and the United States, and onboard 19 entities within 2 months

Belgium, Finland, France, Germany, Italy, Swiss, United Kingdom, United States

• €100m of additional financing secured through a syndicated facility covering both Europe and the United States
• Integration of 19 entities within 2 months, including 5 carve-outs
• Use of ARI Trade to facilitate entity onboarding and program management

• Annual revenue: €75m
• Facility: €10m

Ensure a smooth transition from one factor to another in a complex restructuring context

Germany

• Increased facility size and financing capacity through an optimized structure and credit insurance support
• Expanded scope by including additional debtors and increasing advance rates
• Enhanced protection through a co-insurance model ensuring a high level of coverage

• Annual revenue: €20m
• Facility: €5m

Transition standard contracts into a harmonised and optimised financing program shared across both group entities

France

• Transition from a disclosed to an undisclosed factoring arrangement, shared across both entities and secured on competitive financial terms (factoring fee 0.15% including credit insurance cost, spread 0.9%, etc.)
• Implementation of a limited reserve (10%) to cover invoicing-related risk

• Annual revenue: €690m
• Facility: €40m

Make a listed SaaS company eligible for factoring, despite a sector traditionally considered difficult to finance through receivables

Belgium, France, Germany, United Kingdom, United States

• Maximum financing rate achieved, with no reserve or guarantee fund required
• Seamless customer receivables collection without a dedicated collection account: customers pay the factor directly upon settlement
• No additional guarantees or financial covenants required

• Annual revenue: €230m
• Facility: €25m

Meet very tight deadlines and obtain auditor approval for non-recourse treatment and off-balance sheet accounting

Germany

• 22 days between the start of the RFP and first funding
• Structuring of an IFRS derecognised, undisclosed, balance assignment financing agreement with a 3-year committed factoring facility