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Instant Factoring granted over 1,900 loans to small and micro-enterprises in its first year

Instant Factoring gave 1,930 grants to small companies and micro-enterprises worth EUR 4 million in the first year of activity on the factoring market in Romania. For this year, the company plans to increase customer portfolio by 300 percent and the funding volume to EUR 15 million. Instant Factoring is the first Romanian online factoring fintech to finance mainly small local entrepreneurs, an estimated market of 511,800 micro-companies with an annual ...

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