Sima Alina
Bucharest (ROM)
Role(s):
Money Express SRL
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Startup
Location:
Bucharest
Industry:
Consulting
Year Founded:
2006
Number Employees:
INVALID
Description:
MEX is one of the first factoring brokers in Romania, having exclusive partnership agreement with one of the most experienced factoring institutions in Romania, member of International Factoring Association (IFA).
As one of the few factoring brokers on Romanian market, MEX mission involves providing premium quality consultancy services consisting of a cost free, rapid financing solution for SME facing cash flows shortages.
MEX start-up idea comes up as a consequence of the following:
• factoring market positive evolution in Romania , increasing by around 80% in 2007 compared to 2005
• favorable trend to outsourcing by financial institutions (banking and non-banking institution) which target to increase sales through establishing of a strong brokers network
• significant increas