Factoring

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A Colombia Fintech report revealed that factoring and confirming financed $5.8 trillion for companies in 2024, with a 51% increase in user payer companies. These tools provide immediate liquidity as an alternative to traditional credit. Daniela Torres of Klym by Coval highlighted their strategic role in Colombia.

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Financing firm Klym by Coval has appointed Daniela Torres Sáenz as its new Country Manager in Colombia amid economic challenges. The company recorded nearly $3 trillion in disbursements last year, benefiting over 1,400 businesses.

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