Paulius Jokšas. Small business health: do Lithuanian companies manage their finances properly?

Cash flow for business is just as important as the circulatory system for humans. In order to maintain the health of the company, it is important to take proper care of working capital: plan, find a reliable source of funding and carefully assess the potential risks. Of course, during the economic growth, no major threats […]

Last year Vilnius Factoring Company financed accounts for 17.6 million euro

In the first half of the year, the new Lithuanian financial market company Vilnius Factoring Company raised the factoring portfolio to 11.3 million euro and forecasts its further growth. Founded last year, the company financed accounts for 17.6 million euro by the end of the year. 47 companies used the services of the company, more […]

Comment at “Žinių radijas” broadcast “Verslo pulsas”

How to assess the company’s cash flow situation? How can it be decided whether factoring is the right solution for your business right now? Mindaugas Stasionis, Deputy CEO of Vilnius Factoring Company, speaks about these and other small and medium-sized business needs on “Žinių radijas” broadcast “Verslo pulsas”.

Financial market company Vilnius Factoring Company increases its authorized capital up to 20 million euro

Rapidly growing Lithuanian financial market company Vilnius Factoring Company increased its authorized capital. It has been increased from 10 million euro to 20 million euro. The company offering high value-added cash flow financing solutions to small and medium-sized enterprises has successfully established itself in the Lithuanian market within six months. Therefore, the shareholders decided to […]