OREANDA-NEWS. AS HansaMatrix has signed a factoring agreement with AS Swedbank that increases factoring financing to 2.5 million euro in order to support further growth of its sales volume.

According to shareholder and CEO, Ilmars Osmanis: “The increased factoring financing will allow us to fullfill larger orders and increase sales volumes for customers with a good credit rating”

“We are very pleased that we can support and be a long term financing parter for a company that fosters greater export competetiveness in Latvia by producing high added value products” says Reinis Rubenis, Swedbank Board member, Corporate financing Head.

About AS HansaMatrix

HansaMatrix is a fast-growing, high-technology company offering product design, industrialization and complete manufacturing services in data networking, Internet of Things, industrial segments and other services to high added value business segments.