Invoice Cash

 

Blu CP advises Invoice Cash on its €3,000,000 Debt investment from Menara Capital

Overview of the Company​ 

  • 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​ 

  • Blu CP has provided Invoice Cash with Letters of Intent from multiple investors for an aggregated capital in excess of €30,000,000

  • 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%

  • 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

  • Menara Capital Ltd (and its affiliates incl. Menara Investments SA) is an alternative fund manager focused on supply chain finance

  • Legal Advice: Clifford Chance. Fiscal advice: Deloitte. 

Importance of the Transaction​ 

  • 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​

  • Blu Capital Partners acted as exclusive strategic and financial advisor to factoring company Invoice Cash

  • Blu Capital Partners supported Invoice Cash throughout the debt raising process from deal marketing to deal closing

  • 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

© 2020 by Blu Capital Partners B.V.