![](\"https:\/\/www.audaxrenewables.it\/images\/news\/750x460\/206.jpg\")
<\/p>\n<\/p>\n
Milan, May 2022<\/em> \u2013 BFF, the largest specialized financial operator in Italy, leader in Europe in the sector factoring<\/em> for the Public Administration and the National Health Service, has signed a multi-country agreement with Audax Renewables, a vertically integrated energy group that generates and supplies 100 % renewable electricity and gas in 7 countries.<\/p>\n <\/p>\n The agreement, which provides for the sale pro soluto<\/em> of commercial credits claimed by Public Administrations, in the form of revolving and for a duration of two years, applies to Italy and Spain and confirms the central role of the factoring<\/em> as a support for growth and greater liquidity for companies.<\/p>\n Thanks to this agreement, BFF guarantees Audax Renewables a predetermined fixed cost for the mobilization of future credits from Public Administration entities.<\/p>\n In this way, BFF accompanies Audax Renewables in the process of analyzing commercial opportunities in the public sector in a very delicate and rapidly changing moment for the energy market.<\/p>\n <\/p>\n Francis Calabretta<\/strong>, Cluster Lead Italy and Hungary & Country Manager Italy, Audax Renewables, underlined how the growth of companies also depends on \u201cfrom partnerships with entities, such as BFF, capable of concretely supporting its activity and, therefore, of promoting its development. Especially if we consider that the energy sector in which we operate \u2013 today more than ever \u2013 has become strategic for the progress of the country. Having the appropriate tools means knowing how to face with greater awareness both the complex international situation in which we find ourselves, and the objectives of the Ecological Transition to which we must increasingly tend<\/em>\u201d.<\/p>\n <\/strong><\/p>\n Michael Antognoli<\/strong>, VP Factoring & Lending, BFF Banking Group, commented: "The new agreement with AUDAX is a further example of how Factoring can be a tool for companies that want to seize new growth opportunities. A concrete demonstration of synergy in the interest of the entire community, at a time when, thanks to the PNRR, the country is preparing to benefit from new resources, and in a sector, the energy sector, which is now at the center of important challenges".<\/em><\/p>\n <\/em><\/p>\n <\/p>\n ***<\/p>\n BFF Banking Group<\/strong><\/p>\n BFF Banking Group is the largest specialized finance operator in Italy, as well as a leader in the management and pro soluto liquidation of trade credits held against Public Administrations in Europe, and in Italy in Securities Services<\/em> and Payment Services. The Group operates in Italy, Croatia, France, Greece, Poland, Portugal, Czech Republic, Slovakia and Spain. BFF is listed on the Italian Stock Exchange. In 2021, it recorded a Consolidated and Adjusted Net Profit of \u20ac 125.3 million, with a Group CET1 ratio, at the end of March 2021, equal to 16.7%. www.bff.com<\/strong><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" Audax Renewables and BFF Agreement for Factoring Services in Italy and Spain Milan, May 2022 \u2013 BFF, the largest specialized financial operator in Italy, leader in Europe in the factoring sector for the Public Administration and the National Health Service, has signed a multi-country agreement with Audax Renewables, a vertically integrated energy group that generates [\u2026]<\/p>","protected":false},"author":1,"featured_media":997,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sin-categoria"],"yoast_head":"\n