News from Cherry Bank which releases new news regarding an operation that the bank itself defines as "campaigns“. The Italian bank concludes a factoring transaction in favor of the Hospital Foundation e Noble Rest Home Paolo I requested – ETS. Factoring will guarantee immediate liquidity to the Richiedei Foundation through the transfer of credits. This is a third sector organization that operates non-profit and is active in the sector sanitary e sociosanitary in the Brescia area. The operation was finalized last July.
Cherry Bank and the Richiedei Foundation: a link between community and territory
Cherry Bank will support the non-profit organization improving its financial management and ensuring continuity and quality of services that are offered to people every day. Often, these are vulnerable individuals who rely on the healthcare provided by the Organization.
La Richiedei Foundation It is in the Brescia area from about 150 years and is made up of the Gussago health center, the Palazzolo medical center and the Rodengo Saiano blood collection point. Stefano Iorio, Director of Administration and Finance of the RIchiedei Foundation, states regarding the operation: “We are enthusiastic that such an entity attentive to the needs of its customers has chosen to support an organization like ours, which for over 150 years has made caring for others its mission. Thanks to Cherry Bank's contribution, we will be able to offer even more effective services in all the areas of assistance we serve."
Paul Di SabatoCherry Bank's Head of Factoring stated: "We are proud to have supported the Richiedei Foundation, a non-profit organization that operates in a crucial area for our society: healthcare and social care. Its deep-rooted presence in the Brescia area ensures closeness and concrete support to people, especially those experiencing vulnerability, strengthening the bond between the community and the local area. For Cherry Bank this operation represents a strategic choice: we believe that investing in companies of this caliber means generating lasting value for the entire economic and social ecosystem."
