working capital financing

Previously, when applying for a loan, the entrepreneur went to the house bank with his latest annual report, and often accompanied by his accountant. After a few weeks, the entrepreneur received a contract for signature or, in the most negative case, a rejection. There were not many alternatives. However, the Dutch financing landscape is becoming increasingly diverse. From four major banks and a lost leasing company at the beginning of this century, to more than 100 providers -large and small- today. And new providers are still entering the market almost every week. What a (re)financing process looks like at Xolv Finance is explained by Fred Soers in this article.

Most of the cororama support measures have recently ended or will end in early October. In this article, we take a look to the future. What should you look out for when repaying support measures and what can you do to keep a grip on your liquidity?

When we talk about working capital financing, the term factoring often comes up. Factoring is at its core debtor financing, but what you may not realise is that there are many types of factoring. In this article, we give an overview of these different types.

Until pretty much the beginning of this century, it was common for a company to turn to the bank where it had its payment transactions for its credit needs. Today, this has changed and there are many other ways to obtain financing. In this article, we give an overview of the four best-known forms of alternative financing.

Traditionally, companies are used to placing their financing with one financial party. Hence the term 'house bank'. This has clear advantages: everything under one roof, one point of contact and no hassle with different contract parties. In the simplest form, a company brings its entire financing needs under one bank overdraft. In this article, we look at alternatives and discuss the advantages of spreading financing across multiple parties, known as 'stacking'.

After a period when part of the economy has been stagnant, your business needs to prepare for the new normal. Mapping the liquidity position will help you know the viability of your business. Xolv helps you draw up a post-corona financing plan that takes stock of expected costs and revenues. This creates insight into your company's financial status.

Factoring is an alternative financing for entrepreneurs and has grown in popularity over the past 10 years. More and more companies are using it and, as a logical consequence, the number of providers has also increased. In this blog, we provide insight into what to look out for when choosing a factoring provider and how factoring costs are structured.

Every healthy organisation is in possession of working capital. But if your company has (too) much cash on hand, this is not necessarily a good thing. By calculating working capital, you will discover how much financial leeway you have to make investments without having to tap additional capital. In this article, we will tell you more about working capital and how to calculate it to keep your business financially sound.

In this day and age, many entrepreneurs in need of financing face a closed bank counter. No matter how hard you knock, there is no opening. Some three-quarters of loan applications are currently rejected. But don't panic: Xolv knows a workaround and will gladly show you the way.

Many people will be happy that the 'corona year' 2020 is behind us. Although we are still in the midst of a lockdown, which may also continue for some time, 2021 offers more perspective. With the vaccination campaign underway, we can hope that much will be back to normal later this year. For many entrepreneurs, financing needs in 2021 will be different from those in 2020. However, it is important to pay close attention to a number of issues. In this article, we therefore give you three tips.