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Invoice Cash raises from Menara Capital

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

Zurich x AlphaChat Tombstone

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

Bogdan Patriniche CEO Invoice Cash_jfif

"Blu Capital Partners (BCP) came highly recommended as the experts in securing the best debt and equity solutions for their FinTech clients, positioning itself as a long-term partner. At Invoice Cash, as a factoring company, we were looking for a debt solutions that would allow us to kick start operations. We secured a great senior secured loan with favorable terms.

BCP left no stone unturned, they understood exactly what I needed and advised me on the best options for Invoice Cash's debt raising. I was very impressed with the responsiveness and commitment from their team. They were on top of everything from the execution to signing final docs.

​We look forward to many more years of working together and I would highly recommend them to any company looking for the right debt or equity solution."

Bogdan Patriniche, CEO, Invoice Cash