Business Entrepreneur Stories

Nordic welcome for wage-bill service.
Mr Veijalainen, the founder of 3 Step IT Group Oy and Finnish Entrepreneur Of The Year in 2007, will launch the Nordic Wageroller services together with another successful Finnish entrepreneur, Pasi Vre. He has extensive experience in the banking and business finance sectors.

Mr Veijalainen said: ‘We recognised there is a huge demand and long-term potential for the service in the Nordic countries and have worked hard to win the licences to be an exclusive Wageroller provider. Implementation has already begun and we are looking forward to begin taking on customers later this year.’

The Wageroller service provides funding, typically unsecured, to businesses by financing gross payroll for up to two months at a time.

Its innovative structure sees the funding delivered directly to employee”s bank accounts as well as directly to the tax collector, rather than directly to the customer”s company account.

This entry was posted on Sunday, June 22nd, 2008 at 10:33 pm and is filed under Business Entrepreneurs. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.