Next Capital’s revenue grew 14% in 2018, due to financing through factoring operations, while the volume of debt administered by Next Capital touched the RON150 million (EUR33 million) threshold.
Bogdan Rosu, managing director Next Capital, said that although factoring seemed a sophisticated product a few years ago, more and more companies, both SMEs and corporations, currently resort to this type of financing. Small firms are mainly focused on the financing component, while large companies are interested in the administration of the debt portfolio and collecting services which they outsource towards Next Capital.
Next Capital Finance, established in November 2006, is part of Next Capital Group, which provides lending solutions, debt claim management and advisory, as well as BPO (Business Process Outsourcing) services through the company OPTIMA SOLUTIONS & SERVICES.