We are proud to be mentioned among the success stories in the presentation of the 2020 Annual Report of Illimity.

“2020 was a satisfying year despite the challenging external context: we successfully entered the UTP portfolio market thanks to the collaboration and complementarity of our team with the DCIS division; we were able to leverage public guarantee instruments in loans to SMEs; our Turnaround activity started generating profits from credit revaluation events, and finally, Factoring grew significantly, accelerating in the second half of the year,” explains Enrico Fagioli, Head of SME in the division’s introduction.

The partnership between the FECS Group and Illimity began in 2019 with one of our group companies, IMT Italia S.p.A., and has since consolidated into a factoring operation worth 14 million.