Credemfactor
Credemfactor (a Credem Group company specializing in factoring) has streamlined its internal processes for supply chain financing management and credit approval thanks to its partnership with Modefinance. Headquartered in Reggio Emilia, Credemfactor operates nationwide, both through direct sales offices and specialists, and through approximately 600 branches and 41 business centers nationwide, as well as over 800 financial advisors.
Credemfactor is a touchstone for businesses when thinking about trade receivables management, continuous risk monitoring, guarantees and credit. Traditionally, the approval process is lengthy and costly: in a constantly evolving world, SMEs and corporates require rapid responses and certainty. So we worked together to create a comprehensive product capable of speeding up and optimizing credit decisions: it is the first instant factoring product in Italy, designed to reduce processing times and provide responses in just a few hours thanks to the integration of our expert automated scoring systems with the electronic credit application tool, supporting the Credem Group's credit assessments.