Aforti financial group, which offers financial services to small and medium-sized enterprises, has presented the operational and sales results for November 2016. During the time said Aforti Finance granted loans valued at PLN 245 thousand. In turn, Aforti Exchange recorded €3 million in turnover on the platform for foreign exchange. The youngest company in the Group Aforti Collections, which handles debt collection, reported over PLN 7 million of recovery orders’ face value in November 2016.
Aforti Holding Group has once again published operational and sales data of Aforti Finance S.A., Aforti Exchange Sp. z o.o. and Aforti Collections S.A. companies for November 2016.
Aforti Finance, offering micro-loans for small and medium-sized enterprises, gave credits worth PLN 245 thousand in total in November 2016. On a cumulative basis, the company granted loans totaling PLN 2,720 thousand, which constitutes a growth of 124 per cent. In November 2016 the value of submitted applications was also record-breaking, and amounted PLN 1,754 thousand which translates into a 277 per cent increase over the same period in 2015.
Aforti Exchange, providing foreign exchange services over an online platform noted over €3 million in turnover in November 2016. This represents a 43 per cent year-to-year growth.
“We ended the penultimate period of the year with some brilliant results, both in Aforti Finance and Aforti Exchange. Aforti Finance’s development is increasingly dynamic. In the coming time the upward trend should continue. Since the beginning of the year the turnover of the online foreign exchange platform has reached the level of nearly €25 million. We are also pleased with the 30 per cent growth rate.” underlines Klaudiusz Sytek.
Meanwhile, the newly founded Aforti Collections company active in debt collection sector, noted PLN 7,335 thousand of recovery orders’ face value, a sevenfold increase comparing to the previous month.
“Aforti Collections is a real trump card. The company reinforces our Group and provides our clients with more complex services. The dynamics of the value and number of the orders indicates that the demand for such services is very high.” adds Sytek.
Aforti Holding Group recorded PLN 23.83 million of consolidated sales revenues. Compared to the corresponding period in 2015, when the consolidated sales revenues equaled PLN 19.89 million, it was a 20 per cent better result. The Group’s consolidated net profit was PLN 332 thousand as of June 2016.
About Aforti Capital Group:
Aforti Holding is a financial group dedicated to small and medium-sized enterprises and micro companies. It provides the highest-quality comprehensive customer service in the respect of private finances and business financial management. The services offered by the Group address both individual customers and experienced investors, as well as medium-sized companies seeking optimal forms of financing their activities and development plans.
Aforti Holding S.A. functions as a holding company of two key entities offering complementary financial services for the clients with a broad portfolio spectrum, and of Aforti Ac Sp. z o.o., offering accounting outsourcing activities to the other entities in the Group. It also provides marketing, IT and legal services for the forenamed entities. Since 2011 the company is listed in the alternative trading system New Connect.
Aforti Exchange Sp. z o.o. is an online foreign exchange services orientated company. The operator provides services comprising the exchange of nine currencies. Aforti Exchange utilises the developing trend – entrepeneurs who deal with export and import of goods and services are looking for savings in the currency exchange transactions. Online currency exchange bureaus and foreign exchange internet platforms are the today’s alternative to bank platforms, affecting the currency transactions cost rationalisation.
Aforti Finance S.A. is a swiftly developing company that principally deals with micro loans for businesspeople. Aforti Finance consists of professionals experienced at working with individual customers and companies. They have high competence in the areas of financial products sales.
Aforti Collections S.A. is a company specialised in managing receivables using a broad range of recovery tools. It concentrates on managing receivables, debt collection and acquisition and servicing of debt portfolios. Aforti Collections’ offer covers payment follow-up, amicable and judicial debt collection services. The company also conducts debt purchases. The company directs its offer to the SME sector companies, entities providing B2B services, banks and lending institutions, insurance companies, telecom operators and internet service providers.