Romania
Jul 2021
Debt (re)finance for
Debt advisory
Deal side
Debt advisory
Deal size
€1m – €5m
Date
July 2021
Industry
Financial ServicesAdvised by
Blu Capital PartnersInvoice Cash is a B2B, next-gen online platform for non-recourse factoring and credit scoring services. The National Bank of Romania regulates Invoice Cash as a non-banking financial institution
Blu Capital Partners, our Partner in Romania, acted as the exclusive strategic and financial advisor to factoring company Invoice Cash
Blu CP has provided Invoice Cash with Letters of Intent from multiple investors for an aggregated capital over €30,000,000. While these LOIs remain under consideration for the future, Invoice Cash has signed a senior secured loan investment from Menara Capital which will be used to finance invoices at a Loan to Value of 70 – 80%.
Invoice Cash is pioneering an end-to-end digital process for factoring that is expected to increase transparency for clients, reduce management & collection fees and decrease fraud for Invoice Cash’s investors.
Menara Capital Ltd (and its affiliates incl. Menara Investments SA) is an alternative fund manager focused on supply chain finance.
The funding is providing Invoice Cash with a stable capital base to grow its invoice portfolio and pursue its vision of becoming a leading CEE online factoring company.