Invoice Cash
Blu CP advises Invoice Cash on its €3,000,000 Debt investment from Menara Capital
Overview of the Company
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Invoice Cash is a B2B, next-gen online platform for non-recourse factoring and credit scoring services. Invoice Cash is regulated by the National Bank of Romania as a non-banking financial institution
Overview of the Transaction
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Blu CP has provided Invoice Cash with Letters of Intent from multiple investors for an aggregated capital in excess of €30,000,000
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While these LOIs remain under consideration for the future, Invoice Cash has signed a senior secured loan investment from Menara Capital which will be used to finance invoices at a Loan to Value of 70 – 80%
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Invoice Cash is pioneering an end-to-end digital process for factoring that is expected to increase transparency for clients, reduce management & collection fees and decrease fraud for Invoice Cash’ investors
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Menara Capital Ltd (and its affiliates incl. Menara Investments SA) is an alternative fund manager focused on supply chain finance
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Legal Advice: Clifford Chance. Fiscal advice: Deloitte.
Importance of the Transaction
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The funding is providing Invoice Cash with a stable capital base to grow its invoice portfolio and pursue its vision of become a leading CEE online factoring company
Blu Capital Partners’ Role
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Blu Capital Partners acted as exclusive strategic and financial advisor to factoring company Invoice Cash
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Blu Capital Partners supported Invoice Cash throughout the debt raising process from deal marketing to deal closing
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This transaction highlights Blu CP’s sectorial expertise in Non-Banking Financial Institutions and Specialty Finance, as well as its advice in generating favorable outcomes for Financial Services companies