The study was carried out between November 2015 and November 2016 and was based on approximately 853,000 cases directly managed by the company, with a total value of EUR272 million, in the telecom and banking sectors.
According to Top Factoring data, most of the persons contracted loans for household appliances, electronics, computers and accessories, TV sets, scooters.
The study shows that over 46% of debtor clients who contacted or were contacted by the company, managed to pay their debts, benefiting from personalized solutions.
According to Top Factoring, the highest value of a payment registered in the banking sector was RON86,198.52, while, in the telecom sector, the highest value of a payment was RON16,296.58.
“We want Top Factoring to continue to contribute in a transparent manner to the information and financial education of people subject to debts. We also want to send the message that solutions can always be generated through dialog,” said Catalin Neagu, Top Factoring general manager.
Top Factoring was established ten years ago by Romanian entrepreneur Catalin Neagu and currently employs 240 people. The company, whose main shareholder is Reconstruction Capital II Limited (RC2), estimates a turnover of EUR5.8 million in 2016.
Top Factoring is a member of the Trade Receivables Management Association (AMCC).