Teylor Secures €150M for European SME Factoring Expansion
Teylor, a leading European technology-driven SME financing platform, has secured a significant €150 million in new financing from Fasanara Capital. This deal aims to boost Teylor's factoring business across seven European countries.
Fasanara Capital, with over €5 billion in assets, brings substantial structured credit expertise and an extensive international network to the partnership. The facility will be used to scale Teylor's factoring business, following Teylor's acquisition of grenke's factoring division, which initially expanded its reach into six additional European countries.
The €150 million commitment from Fasanara underscores its confidence in Teylor's growth potential and dedication to delivering innovative financial solutions for the SME market in Europe. The program centralizes all of Teylor's factoring activities under one structure, delivering greater flexibility and synergies across borders. The financing vehicle spans multiple countries and currencies, providing enhanced flexibility for international expansion and operational efficiencies.
With this financing, Teylor gains the momentum to scale its credit platform across Europe. Patrick Stäuble, Founder & CEO of Teylor, expressed that this partnership will enable Teylor to expand its services to more SMEs, supporting their growth and success.
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