The Aforti Holding Group, which provides financial services for the SME sector, presented operational-sales results for November 2017. The value of loans granted by Aforti Finance amounted to nearly PLN 5 million, and submitted applications are worth PLN 20.1 million. In November turnover of Aforti Exchange on the currency exchange platform amounted to EUR 8.5 million. The nominal value of debt collection orders recorded by Aforti Collections amounted to PLN 2.2 million.
Aforti Finance, which offers microloans for the SME sector, in November granted loans worth PLN 4.9 million PLN as compared to PLN 245.4 thousand in the same period of the last year. Last month, the company accepted 241 loan applications for the total amount of PLN 20.1 million – last November the company received 37 applications worth PLN 1.8 million.
The stable development in this business area results in a dynamic increase in quantities and values of submitted loan applications. From the beginning of the year the value of granted loans amounted to nearly PLN 33 million, and the value of submitted applications reached PLN 164.2 million
“Aforti Finance continued its dynamic growth. in November We consistently pursue our sales policy under which we focus mainly on corporate clients. The range of products designed for business is constantly extended, thanks to which a group of our potential customers increases. Our sales results are the best reflection of how effective our sales policy is” – says Klaudiusz Sytek, the President of Aforti Holding S.A.
Aforti Exchange, which provides currency exchange services via the online platform in November reached turnover worth EUR 8.5 million, which is a significant increase as compared to EUR 3.1 million in the same month of the last year. In eleven months of 2017 the cumulative turnover amounted to over EUR 77.0 million.
“In November we continued an intensive development of operations on the Romanian market. We were consistently implementing sales activities in Poland as well, thanks to which we managed to achieve more than 175% increase in the value of turnover on our platform as compared with November 2016” – says Klaudiusz Sytek.
Aforti Collections providing debt collection services recorded the nominal value of orders of PLN 2.2 million as compared to PLN 7.3 million in the same period of the last year. Number of received debt collection orders amounted to 351. From the beginning of the year the value of orders reached PLN 23.2 million.
“November was very intensive for Aforti Collections. We also purchased another portfolio of corporate liabilities and started to participate in tenders for purchase of subsequent portfolios. Of course, we regularly select offerings in which we participate, because we want our portfolios to be of the highest quality. Our goal is to obtain the possibly maximum recovery rate. We consistently implementing a plan of repayments from the purchased portfolio of liabilities. Considering that the scale of operations of Aforti Collections is constantly growing, we decided to begin expansion of the operations centre in Wrocław” – Klaudiusz Sytek.
Aforti Holding financial group published in November results for the third quarter of 2017. The group reported more than PLN 46.5 million of consolidated revenue. This is a result almost three times higher as compared to the same period of the last year. The consolidated net profit of the Group amounted to PLN 323.2 thousand and was by 68% higher than in the same months of 2016.