Recent research published by credit insurer, Euler Hermes shows that The Netherlands is the country in Europe where SMEs have the biggest problem finding finance for their business. Read more...

Very recently the results of research done by the Nemacc (the knowledge centre of the Netherlands Institute of Chartered Accountants) and the Erasmus University in Rotterdam were published, looking into how the SME (small to medium sized enterprise) sector is financed and the role that the SME accountant can play. Read more...

Within the EU, the Netherlands has the good reputation of doing everything as it should be done, and certainly on time. That is why it is quite a surprise that the Netherlands is the last EU member to introduce the PSD2 payment directive, over a year after the deadline. So what happened? Read more ...

Smaller companies can sometimes have a struggle raising funds. Your bank is usually the cheapest way, but banks are usually the first to turn you down. And that is when entrepreneurs can easily find themselves in a confusing maze of alternative finance, or excesses on their accounts. Read more...

Apple made a promise to its CEO, Tim Cook: before the end of the year Apple Pay will be introduced to the German market. After that, it all went rather quiet because the German banks were having a private argument with the Americans about how income from the venture should be shared. But this month finally saw the German launch of Apple Pay. Read more ...

As an expanding company it is very important to have your working capital well under control and that your working capital position grows in line with the growth of the business. Factoring is an ideal solution for this. By advancing money owed by debtors, it means that your working capital position changes, thereby keeping up with the level of your debtors. In this way your short-term creditors can be paid on time, relieving your company of any payment pressure. Read more...

The economy is growing, which means the working hours of temporary employees are increasing and with it the revenue of temporary employment agencies. This is obviously good news for the temporary employment industry! However, more payments have to be made, while payment terms are long and some clients they’re even longer. How does your organisation solve this? Read more...

According to Transport and Logistics Holland, trust within the transport industry is at its highest point in 18 years. Revenue in the transport industry is growing, prices are increasing, but so are costs, mostly because of higher fuel and staff costs. The question that many entrepreneurs in the transport industry ask themselves is whether or not they have sufficient working capital to finance the growth. Looking at increasing staff costs and the long payment terms they offer their debtors, the answer is: probably not. How do you solve this if you want your company to grow? Read more...

If you are a growing wholesale business with good margins and plenty of big, (international) clients, you’re in a good position. You can see a future with lots of growth and you want to take on new assignments. However, this is not possible because you’re struggling with the problem that your international clients demand payment terms of 45 days or even longer, for example. How does this work exactly and what does this mean for the growth of your wholesale business? Read more...

Would you have guessed it? Men are buying more clothes than ever. Last year, sales in the fashion industry sector rose by 4.6 percent. This is the biggest increase in the past ten years. More people bought clothes last year than in previous years and it’s mainly the men who are buying. That’s good news! Isn’t it? Read more ...

Do you have a company in the construction industry? Then you might have noticed that the construction sector has been experiencing an upward trend in production for the fifth year in a row. That means it’s important to give your liquidity some attention, as more construction means a rise in salary costs and financing the building materials. One solution that is often used to decrease pressure on liquidity in a rising market is factoring. Togather has the solution to this: factoring 2.0! Curious about what this could mean for your construction company? Read more...