Emil-ro Factor s.p.a. was established on 21 April 1994. The company, previously named Cremonini Factor s.p.a., began operations as a captive company of the Cremonini Group, involving leading banking partners both at national and local levels.
On 28 September 1995, the company changed its name to Emilia Romagna Factor S.p.A. (Emil-Ro Factor) transferred its registered office to Castelvetro (Mo) in Bologna.