Flexidea Poland continues its growth

Flexidea Polska, a subsidiary of our long-time partner Flexidea, offers a new ABS program.

1st-year impressive results

A year ago, investment fund HELENOS, managed by INPULSE INVESTMENT MANAGER (Brussels-based investment manager, Belgium), acquired a 14,67% share in the capital of FLEXIDEA. The aim of the acquisition was to help FLEXIDEA expand its activities in other EU countries.

Only a month after the acquisition (in July 2023), Flexidea Polska started its operations in Poland. The first year has passed and the company shows impressive growth results.

“The total amount of invoices financed in 1st year has reached 10.5 mil EUR (in Polish zlotys 43.23 mil PLN and 0.82 mil EUR) with an average financed invoice amount of 7 300 EUR (financed 1450 invoices). The current outstanding portfolio is 2 mil EUR.  What’s even more important – in July 2023 Flexidea Polska reached a break-even point in its operations,” Sergei Demchuk reflects on the performance of the company.

The next development step for Flexidea group – the new entity Flexidea Romania IFN SA was established in June 2023. All necessary licensing documents are submitted to the National Bank of Romania. The company expects to start operations in the Romania market at the end of the year 2023.

“We are pleased with the performance of Flexidea Polska as the success and growth of Debitum business partners’ is a foundation for secure yet also high-yielding investments of our investors. The next investment round from Flexidea Polska is open therefore I invite Debitum investors to join Flexidea growth story and benefit from it,” comments Debitum CEO Henrijs Jansons.

Latest ABS program details:

• Total loan amount – 292 000 EURO
• Skin in the game – 10%
• Available for investments – 261 000 EUR
• Term – 6 months
• Interest – 11.25% p.a.
• Penalty fee in case of late repayment – 10% (in total 21.25% p.a. in all period when repayment is late)
• Guarantee – BuyBack obligation and Flexidea group guarantee
• Collateral – the loans are secured with invoices from local (Poland) and international companies of medium and large size – multinational manufacturers and service providers
• Trust score – C+
• Type – SME / 43 loans
• Location – Poland

Have a secure and profitable investing with Debitum and Flexidea business loans!