- CREDITI FISCALI
Distressed Retail Loans (DRL) Sector
Credi Famiglia and NPL Area
This is the Banca IFIS Group’s business area dedicated to non-recourse factoring of distressed retail loans. Toscana Finanza S.p.A., which was bought in May 2011, was merged into Banca IFIS S.p.A. in December 2011. Since then, a new vision concerning the organization and management of this market segment influenced decisions about the area's development and the addition of new talents, causing its portfolio to double in size.
Toscana Finanza is based in Florence and has people operating throughout Italy. It stands out for its ability to assess and acquire important portfolios and to establish a remarkable database containing detailed information about over five hundred fifty thousand debtors.
Today, the NPL area is one of Italy's leading debt buyers, purchasing mainly unsecured distressed retail loans due from individuals from consumer lenders and banks.
The business model is based on its ability to optimise both the purchase and management of receivables.
A new brand, CrediFamiglia, was launched at the end of the first half of 2013. It represents an ethical and sustainable entity based on the principles of dialogue, transparency, and knowledge; a true community, which also operates through the internet; and a network of professionals who, thanks to their extensive experience in the credit industry, can assist, provide advice, and listen to those who have a debt that they wish to honour and resolve.