Factoring Security
Finance · Chile · 201-500 Employees
View Company Info for Free
Overview
Headquarters
3150 Avenida Apoquindo 9 Y 12, Las Conde...Website
www.factoringsecurity.clRevenue
$55.8 MillionIndustry
About Factoring Security
Factoring Security Org Chart
Is Factoring Security your ideal customer? 
Let us give you the heads up on whether it's a good time to reach out
Funding: Get notified immidiatlly once Factoring Security has new funding data
Check out if Factoring Security is spiking on competitors!
Earning: See what the market has to say on Factoring Security recently announced quarterly report
Factoring Security, which may be a good buyer, showed buying intent in Masked Content Topic
Product Launch: Get notified when Factoring Security launches new products
Website visits: Recent activity has been detected on your website
Competitive Alert! Recent activity has been detected by your competitor Masked Content
Click to see if Factoring Security had a recent Job posting/layoffs
Check if Factoring Security has recently received funding, and reach out quickly before it becomes old news!
Congratulate Masked Content for being promoted to Masked Content at Factoring Security
Recommended Actions
Reach out to Masked Content who joined Factoring Security as Masked Content
Find 2 more new buyers
Company Profile Activity
Activity Insights
Factoring Security is experiencing very low activity levels compared to other companies in the Finance sector.
What does this means?
Factoring Security is drawing exceptional interest within the Finance industry, suggesting notable developments or strong market momentum, learn more about Factoring Security.
Factoring Security Tech Stack
A closer look at the technologies used by Factoring Security
Factoring Security News & Media
Grupo Security Posts Profit Of CH $23,568 Million For First Quarter 2018
Grupo Security’s CEO, Renato Peñafiel, highlighted the Group’s strong quarterly earnings and the market’s confidence in its management, confirmed by the favorable outcome of the most recent bond issuance and share placement. Grupo Security posted profit of CH $23,568 million for the first quarter of 2018, up 36.2% with respect to the same period in 2017, as reported today to the Financial Market Commission (CMF). These results are driven by favorable earnings figures from the BankShare Auction Generates High Demand For Grupo Security Stock
Demand totaled CH$180 billion, equivalent to 9 times the offering, with a cut-off price of CH$290 per share. Grupo Security successfully placed 71,769,048 shares through an order book auction. The package contained 11,980,563 shares left over from the entity's capital increase in August 2017, and a secondary offering of 59,788,485 shares. Demand was 9 times supply, equivalent to over US$ 297 million. The cut-off price–the maximum with which the offering is completed– was CH$290 perGrupo Security Successfully Concludes Bond Placement for UF 1.5 Million
The issuance is part of a process to restructure the Company's liabilities to lengthen their duration. Today Grupo Security concluded the placement of a new bond on the local market for UF 1.5 million, which attracted significant market interest and total demand of UF 2.7 million, or 1.8 times the offering size. This 25-year bond (N1 series) with a 20-year grace period and a duration of 16.5 years, was placed at a rate of UF +Grupo Security Reported Profit of CH$74,708 Million in 2017
Highlights include the capital increase of CH$93,424 million, 24.5% growth in the Bank's earnings and market share of 12.5% in the annuity business in Peru. Grupo Security reported profit of CH$74,708 million for 2017, which represents an increase of 0.2% over the previous year. EBITDA in 2017 totaled CH$121,856 million, up 0.9% over 2016, while return on equity reached 11.58%, based on the financial statements (FECU format) filed today with the Financial Market Commission (CMF).
Top Finance Companies
Top companies in Canada by revenue
Top companies in Australia by revenue
Top companies in New Zealand by revenue
Frequently Asked Questions Regarding Factoring Security
Factoring Security helps businesses solve money challenges quickly and smoothly. As part of the Security Group, they provide fast help with cash flow, billing, money management, and business funding. Their team understands that companies need quick, smart financial support to keep moving forward.... Read More