Will it come to this?
In spring 2020, there was some uproar in corporate Netherlands due to the bill to lift the so-called pledge ban. As early as 2016, the Dutch Banking Association advocated for this change in the law. It did so together with FAAN, the association of which the larger Dutch factoring companies are members. In late 2019, the government finally put the topic on the agenda, followed by a bill in 2020. Only this proposal remained with the Lower House as the world came to a standstill due to the Covid-19 pandemic. Recently, there has been movement on the subject again. On 28 November last year, it was last discussed in the House of Representatives, after which it is planned to have a general debate on it. As far as we can tell now, it is scheduled for May 2023.
Growing in difficult times by swimming against the current
Enjoying the good things in life is easier in quality and comfortable clothes. This immediately explains the name of the Dstrezzed brand: a brand built on the belief that life is an adventure we should all make the most of. Bold, rebellious and authentic. Eric Aarden is the CEO of Dstrezzed, he is an entrepreneur who lives the brand value. A tad rebellious, against the grain, close to himself and definitely authentic. "I want to establish an iconic brand, a brand that will be around forever."
6 steps: what to do if a customer does not pay
Very annoying, customers who don't pay or don't pay on time. Cash flow comes under pressure and the likelihood of writing off the receivable only increases as time passes. What steps can you take?
Which industries are at risk?
After years of growth, there was talk of a downturn before corona broke out. When COVID-19 broke out, everyone expected the worst, but the economy remained intact due to government support measures. In fact, the number of bankruptcies was at its lowest level ever. Even now, the number of bankruptcies is still low, although the figures have been increasing since the end of 2022 and there seems to be an acceleration in 2023.
No scheming
A good partnership is all about trust. And about good services and service at the right prices, of course. But above all it is about trust. If you engage a broker, you want to be sure that no deals are being done behind your back. To put it bluntly. And we understand that like no other. As entrepreneurs, we too are always looking for parties we can trust. Who are transparent, who let us do business freely. That is precisely why we want to be very transparent about our working methods. And we cannot emphasise that enough.
What to look out for with Direct Lending?
Borrow money quickly without the intervention of a bank. A direct loan from a lender to a business, that is Direct Lending. With banks becoming increasingly reluctant to lend money, the bank less interested in certain segments and procedures becoming more bureaucratic, Direct Lending can be a serious alternative.
Increase your credit limit in 4 steps
More and more frequently and intensively, we mediate to get higher coverage for our clients. As the economy is recovering and prices are rising, we see an increasing need for this. In this blog, you will read about the steps required to apply for an increase and a so-called Top-Up limit, an additional credit limit.
No solution? Impossible!
What's in a name? In the case of Xolv, everything! Thinking in solutions is not only in our name, but above all in our DNA. It is a sport to get to the heart of the problem, only then can we devise and present suitable solutions to our clients. What that delivers? A reduction in our customers' financial risks and, at the same time, an increase in available working capital.
Repaying corona debts: does your existing financing still fit?
As a good entrepreneur, you regularly ask yourself whether the existing financing still suits your company's current and short-term expected situation. This is always true, but certainly in the challenging period we have had and still have ahead of us. Just think of all the coronasteun, whose repayment obligation started in October last year.
It's not about achieved, but paid sales
itsme is a family business and we still exude that. We are big, but still flexible, open-minded and friendly. We say what we do and do what we say. Our customers are central to us; if things are going well for them, they are automatically good for us too. We are convinced that that sense of partnership contributes to the goals we have together. And left or right, we always look for solutions that benefit everyone. That requires trust and creativity. itsme gives that space.