Axactor extends client relationship into Sweden with a new forward flow agreement.
Oslo, September 21st, 2018 Axactor has reached an agreement to start acquiring fresh claims from Instabank in Sweden, building on the existing relationship in Norway. The total capex for the 2 year contract is expected to be between 4 mEUR and 5 mEUR, with claims arriving from April 2019. Lisa Sohtell, Country Manager for Axactor Sweden commented "The team is working very hard to increase the volumes in Sweden and this is another example where that hard work is paying off." This acquisition will be financed through Axactor's existing cash and credit facilities. For additional