Leasing company TBI Leasing rolls into the Romanian factoring market

Factoring is a product which sustains the companies' development. The core advantage is cash-flow improvement, as financing is made rapidly.

TBI Leasing decided to break into this market as it is slightly developed and with high potential. The factoring market in Romania is estimated to stand at 2 billion euros this year, according to the company's country manager, Florentina Mircea.

The new product is available in TBI Leasing's all 19 units. The company plans to make factoring operations of 12.5 million euros by year-end, said Mircea.

TBI Leasing is specialized in financial leasing and is controlled by the Dutch group TBIH Financial Service, one of the main operators on the Central and Eastern Europe market.

Source: NewsIn