At times like Basel II, III and the bank crisis, banks become very cautious about lending. Banks’ restrictive lending policies can make life difficult for many small and medium-sized businesses. If a company doesn’t have healthy liquidity, it’s difficult to make new investments and ultimately remain competitive.
At some stage, many companies reach a point where their credit lines have been exhausted. As a result, growing companies frequently need to add new banks or change their existing ones because the requirements have changed.
Additionally, more and more companies are turning to alternative financing like Factoring, purchase financing or guarantee insurance. These innovative financing instruments allow companies to preserve and extend their financial scope, improve their competitive position and safeguard their business at the same time.
In difficult situations, it’s particularly useful to have external support. We’re by your side and can help you to benefit from our extensive banking contacts. We work closely with Incomet Advisory GmbH who specialise in national and international bank financing. Incomet’s advisors have decades of experience in the banking sector having previously held leading positions at Deutsche Bank.
Incomet’s know-how ideally complements GFL’s expertise. Together we are able to find new credit lines tailored to your needs and the ideal combination of offers. If required, we can also help you with provision of collateral at the best possible terms.
Our areas of expertise
Optimise your risk management and secure your debts against payment defaults.
With the help of purchase financing you can ensure you get early payment discounts and rebates without being constrained by deadlines.
Through trade financing you can secure liquidity for trade and protect yourself against economic and political risks.
Using inventory financing you can convert your tied up capital in inventory into additional liquidity.
As with factoring, you sell your account receivables through forfaiting. Thereby profiting from additional liquidity and protecting you from bad debt.
Longer credit periods for the buyer, faster liquidity for the suppliers – with reverse factoring both profit.
With factoring you can convert your account receivables into direct liquidity and create financial freedom for your company. Additionally, you are protecting yourself against bad debt.
Through leasing, capital goods – from production machinery through to IT systems – are not purchased but instead can be used over time. As there are no purchasing costs, leasing protects the liquidity.
As your business grows so does your financing requirement. We can help you to get additional credit lines from banks.
Not all invoices are paid within the due date – in these situations debt collection companies can help you with the dunning process right through to legal foreclosure.
Trust is good but knowing in advance is better: avoid payment defaults and get credit references and credit worthiness reports about your business partner.
Using capital goods credit insurance, safeguard production risks as well as lengthy credit periods.
With guarantee and surety insurance, the insurer undertakes warranties, guarantees and similar sureties in order to fulfil your liabilities.
Additional Top-up cover helps to avoid shortfalls in credit insurance policies.
Single-buyer credit insurance protects you against the default risk of individual buyers.
The multi-buyer policy is a special type of credit insurance which allows you to insure a selected group of clients.
Protect yourself with retrospective coverage against insolvency disputes.
A lot of business transactions are based on trust. Insure your company against abuse of this trust from personnel or fraudulent internet crime.