Qube Credit is uniquely positioned evidenced by a combined Track Record of Qube Credit and its affiliates, together QUBE:
2023: Qube’s affiliate (further referred to as “QUBE”) commences Master Servicing assignment for new client
QUBE is cooperating with a European mail order company to perform master servicing activities. The overall objective is to facilitate the mail order company to collect the outstanding debt of their customers within the geographies: the Netherlands and Belgium. QUBE will use its selected niche DCA panel for recoveries services and ensures that the collection activities are executed in a compliant framework.
2023: QUBE completes commercial purchase transaction
QUBE purchased a commercial debt portfolio from a business lender active throughout Europe. The seller gave QUBE the opportunity to purchase the portfolio that was master serviced by an affiliate.
2023: QUBE purchases commercial debt portfolio
Recently QUBE closed an one-off transaction with a lender that is active in multiple jurisdictions. Because of our experience with handling commercial debt and our local knowledge QUBE was awarded the portfolio.
2022: QUBE facilitates Payment service provider delinquent debt transaction
In co-operation with an international client QUBE recently completed a transaction with payment service provider purchasing their forward flow delinquent debt. This provider is a payment service provider allowing consumers paying goods in three terms. The transaction extends the existing co-operation between parties due to an increase of volume going forward.
2022: QUBE purchases portfolio in education industry
QUBE closed a transaction with an educational service provider by acquiring a run-off portfolio. Both parties strategically benefited from the transaction. The seller doesn't have the administrative burden managing the book and QUBE can focus on its core business of being a Master Servicer of its own book. QUBE predominantly focusses on compliance and takes into account the specific nature of the portfolio going forward.
2022: Purchase of two B2B lending portfolios
QUBE recently acquired two run-off B2B portfolios from a European lender. Our background and expertise in purchasing (non-)performing loans and the fact that QUBE focusses on compliancy led to the decision to align with us. Both portfolios are currently onboarded by master servicer of QUBE.
2021: Qube Servicing introducing its proprietary supply chain finance application PRI® Supply Chain
Qube Servicing developed its proprietary supply chain finance application PRI® Supply Chain as an addition to the PRI® inside platform based on the same technology as applied for PRI® inside & PRI® CrediSoft.
2021: QUBE acquires Dutch performing consumer loan portfolio
QUBE recently acquired a performing consumer loan portfolio. The seller decided to discontinue granting loans from a strategic point of view, which led to the divestment of the loan portfolio.
2021: Fintech lender extends relationship with QUBE
FinTech lender with European scope decided to outsource external collections towards QUBE. Due to in debt knowledge of consumer credit and the necessary permits and certificates, QUBE is chosen as their partner.
2021: Purchase of two energy portfolios
QUBE recently acquired two non-performing energy portfolios. Both portfolios were placed at a debt collection agency and are currently managed by the staff of QUBE. It's the ambition of QUBE to purchase more energy portfolios going forward and facilitate energy companies in divesting their inventory debt.
2021: Debt Purchasing Company divests Dutch consumer debt platform
UK Debt Purchasing Company to divest its Dutch consumer debt platform in optimising its European strategy acquired by QUBE.
2020: Qube Servicing milestone over EUR 1 billion receivables turnover serviced utilising PRI® CrediSoft
Qube Servicing milestone over EUR 1 billion receivables turnover serviced utilising PRI® CrediSoft, the proprietary credit management software part of the PRI® inside platform.
2020: Qube Financing signs a EUR 40MM+ Receivables Financing Program for international group
Qube Financing signed a EUR 40MM+ Receivables Financing Program for international group providing Working Capital Solution to its Spanish subsidiaries.
2019: Qube Financing mandated providing working capital facility for Spanish subsidiaries
Qube Financing has been mandated providing EUR 40MM+ receivables finance facility.
2019: Qube Financing's contribution to RTL Z - How it's Done - cont'd
On Saturday, January 12th, 2019 at 17.00 hours, the episode of the television program - How it's done - will be broadcasted by RTL Z (a Dutch national channel), where Qube Financing is being shown. The reps are broadcast on the following Tuesday at 4.30 pm and Thursday at 10.30 am.
2018: Qube Financing's participation in RTL Z - How it's Done
Qube Financing is participating in RTL Z - How it's Done, a financial sector special covering the importance of financial growth opportunities for entrepreneurs in the Netherlands.
2018: Qube Servicing introduces the Click & Collect services
Qube Servicing introduces the Click & Collect services. Offering Qube Servicing Credit & Collection Platfom to clients and have these clients benefit from automated collection processes.
2018: Qube Servicing introducing its proprietary credit management application PRI® CrediSoft
Qube Servicing developed its proprietary credit management application PRI® CrediSoft as an addition to the PRI® inside platform.
2017: Qube Financing adding another EUR 125 million T/O to the Qube Invest program
Qube Financing adding another EUR 125 million T/O of receivables finance to the EUR 300MM SME Receivables Financing Program of Qube Portfolio Invest supported by Insight Investment.
2017: Divestment by QUBE of a Dutch non-conforming residential mortgage loan platform
Divestment by QUBE of a Dutch non-conforming residential mortgage loan platform after holding the investment for over 6 years.
2016: Qube Financing EUR 300MM SME Receivables Financing Program supported by Insight Investment
Qube Financing and Insight Investment, a leading global investment manager, together announcing a program to provide EUR 300MM receivables finance for the SME market segment with the objective offering efficient working capital solutions to this market segment.
2015: Qube Financing, acted as Arranger & Structurer for a USD 500MM Receivables Finance Program
Qube Financing acted as Arranger & Structurer for an off-balance USD 500MM equivalent multi jurisdiction receivables finance program for a blue-chip multinational supported by PRI® inside.
2014: Fitch upgrades Portfolio Rating
Fitch upgraded Class B and Class C notes and affirms Class A notes (already AAA) as part of portfolio rating for the residential mortgage loan portfolio that is under management since early 2011, while majority of Fitch ratings were affirmed during 2014.
2014: German residential housing investment
QUBE launches specific German residential housing investment opportunity for investors in the Middle East region.
2013: Fitch affirms portfolio rating
Fitch affirms portfolio rating for the residential mortgage loan portfolio that is under management since early 2011, while majority of Fitch rating are downgraded during 2013.
2013: QUBE obtains senior finance tranche
QUBE obtains EUR 225MM senior finance tranche optimising returns for the investors on the Dutch consumer finance loan portfolio acquired earlier in 2013.
2013: QUBE acquires Dutch consumer finance platform
QUBE acquires Dutch consumer finance platform in co-operation with Baupost, whereby QUBE acts as lead arranger, co-investor and portfolio manager.
2013: QUBE divest Dutch consumer finance loan portfolio
QUBE divest its in 2011 acquired Dutch consumer finance loan portfolio.
2012: QUBE refinances Dutch mortgage loan book
QUBE refinances its in 2011 acquired Dutch mortgage book by issuing a multi trance securitization optimising the returns for the investors.
2011: QUBE acquires Dutch mortgage lending platform
QUBE acquires EUR 300MM Dutch mortgage lending platform in close co-operation with GI Partners and acts as lead arranger, co-investor and portfolio manager.