Our case studies

• Assigned turnover: €70m
• Facility: uncapped

Ensure compliance with senior debt documentation requirements to preserve the contractual financing framework, while improving financial and leverage ratios to strengthen the balance sheet and enhance financing capacity

France

• Transition from spot financing to a recurring credit facility
• Implementation of a non-recourse factoring program aligned with senior debt covenants
• Deployment of ARI Trade to optimize factoring operations

• Assigned turnover: €4m
• Facility: €800k

Renegotiate an existing agreement that does not cover the full turnover, thereby limiting financing security and optimization

France

• Implementation of a second factoring agreement to finance the full turnover
• Securing attractive pricing conditions

• Assigned turnover: $75m
• Facility: $12m

United States

• Implementation of an undisclosed, derecognised financing facility in the United States, compliant with IFRS standards

• Assigned turnover: $120m
• Facility: $15m

Integrate the US acquisition into the group’s existing factoring program to harmonise financing and optimise receivables management

United States

• Integration of the US subsidiary into the existing factoring program
• Deployment of ARI Trade to streamline and simplify financing program management

• Annual revenue: €200m
• Facility: €38m

Implementation of a credit insurance policy upstream to strengthen contractual terms, improve conditions, and secure the guarantee level in order to support the factoring financing

France, Germany, United Kingdom

• Transformation of the existing agreement into a fully managed structure (with collections and payment reconciliation taken over) and non-recourse, while retaining the option of recourse financing (beyond the insured/guaranteed portion) up to a maximum of 10% of outstanding receivables
• Securing improved pricing conditions and enhanced financing terms

• Annual revenue: £610m
• Facility: £80m

Support the post-LBO growth trajectory by leveraging factoring to finance both organic growth and bolt-on acquisitions

United Kingdom

• Structuring of an undisclosed, derecognised factoring program combined with a delegated credit insurance policy
• Securing a recourse facility to finance guarantee excesses up to £4.5m (included within the £80m overall facility limit)
• Deployment of our ARI Trade platform to manage both factoring and credit insurance programs through a single unified interface

• Assigned turnover: €150m
• Facility: €30m

Optimize an existing structure built around two factoring programs by enhancing the scope of Program 1 and replacing the factor on Program 2

France

• Factoring: implementation of a new program with more favorable terms for the second scope, and improvement of the financing rate through reduced reserves on Scope 1
• Credit insurance: enhanced coverage levels

• Annual revenue: €670m
• Facility: €140m

Secure and optimise financing conditions in an LBO context to support both organic and external growth, by rationalising multiple local solutions into a single factoring facility

Italy

• Increase in total financing capacity by €100m, moving from 4 separate factors to a single factoring facility with one provider, for an equivalent total of €140m
• 3-year committed, confidential, non-recourse facility enabling off-balance sheet treatment
• Deployment of our ARI Trade platform to manage both factoring and credit insurance through a single integrated interface

• Assigned turnover: €6m
• Facility: €1m

Support growth and secure cash flow

France

• Implementation of a factoring program with delegated credit insurance to finance growth while securing cash flow

• Annual revenue: €189m
• Facility: €37.5m

Structure tailored financing solutions to support the international expansion of a group recently acquired by a private equity fund

France

• Deployment of a factoring program to finance customers based in West Africa, subsidiaries of major European groups, covering up to 30% of outstanding receivables
• Aligned with strategic priorities, early 2025 expansion underway for 2 UK subsidiaries
• Planned Q2 rollout of an extension into Germany

• Assigned turnover: £300m
• Facility: £42m

Implement a centralized factoring program streamlining receivables assignment across more than 100 subsidiaries

United Kingdom

• Implementation of an IFRS derecognised, non-recourse facility structured with a double assignment mechanism and a significant financing line
• Deployment of our ARI Trade platform to manage all subsidiaries through a single unified interface

• Assigned turnover: €60m
• Facility: uncapped

Validate the feasibility of a factoring solution in a carve-out context and secure the implementation of an IFRS derecognised agreement within a tight timeframe

France

• Implementation of a factoring program to secure the cash flow of the newly standalone company between signing and closing of the French group spin-off
• Deployment of a flexible, IFRS derecognised factoring program with favourable financial terms
• Installation of ARI Trade to manage and optimise the factoring agreement