Why choose credit insurance right now?
The explanation is pretty simple, fix the roof when the sun shines. Who does not know this expression? The economy has picked up tremendously after the coronadip and companies are delivering great figures for 2021. Bankruptcies are at historically low levels and credit insurers are accepting a lot of risk.
Factoring also suitable for financing stocks
Factoring has grown rapidly in popularity over the past 10 years. There are many reasons for this. On the one hand, the major banks are increasingly cautious in providing working capital financing due to stricter regulatory rules. On the other hand, this popularity also has to do with improving the product. More and more innovative parties have entered the market, making the factoring product more customer-friendly and certainly cheaper. As a result, the cost of factoring is often comparable to that of a normal business loan.
How to keep trading with confidence during upcoming recession
The chances of the Dutch economy falling into recession are rising, say ABN AMRO and Rabobank. According to the banks' economists, high inflation, clogged supply chains, interest rate hikes, labour shortages and lockdowns in China are the culprits. In this article, we discuss the impact of this mild recession and how you can continue to trade with your customers and suppliers with confidence.
Disadvantages of factoring: the 4 misconceptions of debtors: the most common arguments
Factoring has been around for many decades, but has boomed in recent years. This is because since 2017, due to new Basel standards, general banks have become more cautious about providing short-term loans to businesses. However, there are still some misconceptions that are seen as disadvantages of this modern form of financing. In this article, we address the four most common arguments against factoring.
Liquidity problems in the summer months - How do you arm yourself?
The holiday season is approaching. Many companies run into liquidity problems precisely during these summer months. Now perhaps even more so than in recent (corona) years. Several reasons can be found for this. Consider the government support measures that have been discontinued, raw material prices that are skyrocketing, skyrocketing energy costs, staff shortages, inflation that is at dangerously high levels, falling consumer confidence and the recession that lurks.
In this article, we explain where summer liquidity problems come from and, more importantly, how you can guard against them.
Xolv part of the Ecclesia Group: the benefits for you as a customer
In 2021, Xolv became part of the Ecclesia Group. This was a strategic choice of the shareholders. Especially in the insurance market, but also in the financial sector, a huge consolidation drive is taking place. In order to serve customers optimally and offer the best conditions, scale is needed. In this article, we explain why we are proud to be part of such a leading, international organisation and what the advantages are for you as a customer.
Vacancies
Xolv is a successful financial services company. That is why we have no fewer than 3 challenging Vacancies Senior Account Manager Sales Manager Risk Manager If you can make a difference then respond quickly #financial services #xolv #perspective #challenge #success number
Credit information: essential part of efficient debtor management!
You probably recognise it? The deal is done, the champagne is opened and everyone shares in the revelry. But how do you prevent this joy from turning into a hangover? More than half of bankruptcies are caused by poor debtor management. In this article, we discuss the steps of efficient debtor management. In particular, we elaborate on the first step, checking the creditworthiness of your buyers.
Make the most of your opportunities with credit insurance
Most people think of credit insurance as covering debtor risks. But actually, credit insurance is much more about avoiding these debtor risks. In fact, it is a great tool to exploit opportunities! In this article, we will show that credit insurance is a great tool for you to grow your business.
Never let a good crisis go to waste
There is a lot going on at the moment. From rapidly rising energy and commodity prices to a very tight labour market. Companies are being hit hard, no one can deny that. Yet Elton Backx of the Lords of Work sees that the entrepreneurs who dare to seize opportunities at least manage to limit the damage. And even come out better. That is easy to say of course, in practice it is more complicated. It is -flattened- a matter of seeing, thinking, daring and doing...... In this opinion piece, Elton shares his views on crises.