WHO WE ARE

THE FINANCE BOUTIQUE

GENERALFINANCE has operated in the financial sector since 1982, in Biella and Milan. For forty years it has provided enterprises with “custom-made” financing solution through the credit of trade receivables (as provided by the so-called “Law on factoring”, No 52/1991), and by managing them prudently. Such an approach allows clients not only to obtain the mobilisation of credits, but also to benefit from a proven improvement of the collection times, besides a considerable reduction in insolvency cases.

GENERALFINANCE provides flexible services to address a company’s issues related to credits, that can also involve clients and suppliers.

GENERALFINANCE offers specific professional expertise to provide financial support to companies “in crisis”, from the emergence of the first difficulties to the end of the restructuring process. It assists its clients during the organisation phase and the implementation of all the procedures provided by the sector’s regulation. It also supports them afterwards, once the crisis is over.

AREAS OF INTERVENTION

– Turnover comprised between 3 and 10 million – line from 500 to 1 million to support credit
– Turnover exceeding 10 million – line from 500.000 to 10 million to support credit

Areas of intervention and assigned debtors characteristics:
– Manufacturing sector in general, services, retailers and wholesalers
– NO Real estate, shareholder companies and sectors that don’t have receivables deriving from the supply of goods and services
– Assigned debtors Italy/abroad of any size. Private companies. In the public sector: Regions and Ministers.

– Turnover comprised between 3 and 10 million – line from 500 and 1 million to support credit
– Turnover exceeding 10 million – line from 500.000 to 10 million to support credit

Areas of intervention and assigned debtors characteristics:
– Manufacturing sector in general, services, retailers and wholesalers
– NO Real estate, shareholder companies and sectors that don’t have receivables deriving from the supply of goods and services
– Assigned debtors Italy/abroad of any size. Private companies. In the public sector: Regions and Ministers.

We support companies in crisis involved in:
– Arrangements with creditors as provided by articles 160 and subsequent of the Italian bankruptcy law (on condition that the continuity of the undertaking is underlined)
– Debts restructuring agreements as provided by art. 182 bis of the Italian bankruptcy law
– Certified recovery plans as provided by art. 67 of the Italian bankruptcy law
– Extraordinary administration of large insolvent companies
– Generalfinance provides its financial services in situation of crisis also through operations which are not provided by the Italian bankruptcy law, such as: interventions for the benefit of Newcos resulting from restructuring operations / corporate reorganisations

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THE MAIN MILESTONES OF GENERALFINANCE

1982
1982
Armando Gianolli, formerly agent for Generali Assicurazioni, founds Prestoleasing S.p.A., which will become the future Generalfinance.
1990
The company focuses on operations of credit of trade receivables to corporations and on customised credit management.
1995
New shareholders join the company.
2008
Generalfinance creates a distinctive and peculiar product for the financial support of corporations and opens to foreign markets.
2010
The Gianolli family regains complete control of the company.
2011
Turnover reaches 200 million €.
2015
GGH – Gruppo General Holding S.r.l. is constituted.
2016
Generalfinance starts the procedure to be included in the register of the financial intermediaries of the Bank of Italy.
2017
Strategic agreement with Creval which takes over 46,81% of the capital of Generalfinance. The company is included in the register of the financial intermediaries
2019
Turnover reaches 590 million €.
2020
Turnover reaches 761 million €.
2021
Turnover reaches 1.4 billion €.
2022
Listing on Euronext Milan – STAR segment – ​​starting from 29 June. Capitalization at the date of the IPO of approximately 91 million €. Closure of the year with over 2 billion € in turnover and 12 million € in adjusted net profit.

Are you a company?

Contact us at this email address:
aziende@generalfinance.it

Are you a professional, a consultant or an advisor?

Contact us at this email address:
professionisti@generalfinance.it