Holding your own in the sports industry? Get a good defence!
Sports are one of the ways to keep ourselves both physically and mentally healthy during the corona crisis. Yet the sports industry is also affected by the consequences of COVID-19. In cooperation with FGHS, the Dutch industry association for sports suppliers, Xolv has therefore developed an industry policy credit insurance. With it, you can - to stay in sports terms - get or keep your defences in order. In this article, you will read more about this solution as well as the impact of the corona crisis on the retail and sports industry in general.
Why the end of the pledge ban is so important
After more than two years of preparation, Sander Dekker, our minister for legal protection, sent a bill to the House of Representatives in early June to end the pledge ban. Finally, is our opinion. In this piece, we explain to you why it is so important - especially for small and medium-sized enterprises - that this pledge ban be ended.
Liquidity problems in the holiday months - how do you arm yourself?
The holiday season is approaching. For many people, it will be a different holiday than planned. But what will be no different is that many companies run into liquidity problems precisely during these summer months. Now perhaps even worse than in recent years. Because although the government has taken good measures to support companies during the corona crisis, it remains to be seen whether these measures are sufficient. In this article, we explain where summer liquidity problems come from and, more importantly, how you can guard against them.
Economic contraction but also rapid growth again?
As time goes on, the economic impact of the corona crisis in the Netherlands is and will become increasingly clear. After the rain of 2020, sunshine is already expected to return in 2021. But nothing is certain in these times... You can read our reflections on the economic forecasts in the article below.
Delivering again after lockdown? Here's what you need to watch out for!
As corona measures continue to be relaxed, more and more companies are becoming operational again. This is of course mostly positive, but it also brings challenges. For instance, in terms of delivery and being supplied. In this article, we will tell you more about this challenge and what you can do about it.
From 60 to 30 days: smaller entrepreneurs must be paid faster
Smaller entrepreneurs often have to wait (too) long for their money. Sometimes so long that they go bankrupt before they receive their money - to which they are really entitled. Fortunately, smaller entrepreneurs are getting the much-desired (and much-needed) support from the government.
Xolv happy with state guarantee for credit insurance
In our last newsletter, we informed you that an agreement on a state guarantee for credit insurance as a result of the corona crisis was imminent. We then had to wait another month for it, but last Tuesday 26 May was the day: the European Commission approved the guarantee scheme for the reinsurance of supplier credits by the Dutch state. In this article, we zoom in further on the content of the schemes and give our views on them.
Bank closed? With American Factoring you still have fast credit
The corona crisis is an uncertain time for many companies. Turnovers fell and many companies came to a partial or even complete standstill. Fortunately, the government came up with some support measures almost immediately, with banks and insurers also playing a role. But not everyone can claim these. Fortunately, there are alternative ways of financing for these entrepreneurs. For instance, factoring, where the 'American variant' can now come in handy.
Paul van Uden: 'We can only solve this crisis together'
In these corona times, Paul van Uden is annoyed by companies and parties that are not cooperative and flexible. In the opinion piece below, the managing director of Xolv argues for more cooperation in the chain, as he believes this is the only way to get through the crisis in the best possible way. Credit insurers are also taking responsibility in this regard, Paul writes. Contrary to what many people often think...
Good news: 1893 bankruptcy law finally amended
Good news for companies struggling (partly) because of the corona crisis. The House of Representatives on Tuesday 19 May approved a legislative amendment allowing companies to reorganise and restart more quickly. This suddenly puts an end to decades of wrangling over amendments to the Bankruptcy Act, which dates back to 1893. In this piece, we explain why amending this law is a good thing.