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Mintos marketplace – a loan originator’s perspective

07.03.2017

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By Justas Šaltinis, Founder and CEO of DEBIFO | February 2017

Background

DEBIFO offers selective invoice financing services to clients based in Lithuania. We offer both confidential and disclosed invoice financing for invoices issued to large foreign and local corporations. Invoice financing allows small and new businesses holding invoices against large and trustworthy corporations to quickly turn receivables into working capital and balance cash flows.

Since its founding in May 2015, DEBIFO has financed over 1,400 invoices against a principal value of EUR 10 million. We have served over 80 small- and medium-sized businesses and have…

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DEBIFO enters into strategic partnership with institutional investor MUNDUS

25.10.2016

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MUNDUS Bridge Finance has signed an investment agreement with DEBIFO to provide up to EUR 10 million of debt financing to support DEBIFO portfolio growth over the next 5 years.

DEBIFO offers invoice financing services to small- and medium-sized businesses in Lithuania. Unlike banks, DEBIFO does not require long-term contracts or commitments to finance all issued invoices. Moreover, financing is accessible to small and young enterprises as long as they have large and reliable clients. Additionally, decisions are made and financing is provided within several days.

“Since beginning cooperation with Mintos, the DEBIFO portfolio has almost tripled in value, our…

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An interview with Co-founder and CEO of DEBIFO

03.03.2016

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One of the most recent developments in the Baltic alternative finance market is invoice financing. DEBIFO is the first company in Lithuania to start offering invoice financing to Lithuania’s small and medium-sized businesses that lack working capital but have unpaid invoices issued to large and creditworthy companies. Fighting their way to the top of the market, in less than one year, DEBIFO has financed more than EUR 1.8 million of invoices. (more…)

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Invoice finance provider DEBIFO joins the Mintos platform

12.01.2016

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We are very pleased to announce our cooperation with the Lithuanian company DEBIFO, which provides invoice financing services to small and medium enterprises with their invoices (i.e. accounts receivables) as collateral. DEFIBO has been in operation since May 2015 and has already financed over EUR 1 million of invoices. (more…)