Purchase financing, otherwise known as Finetrading, involves a short term funding line between your company and one or more suppliers. The chosen purchase financer enters into the order process and pays for your purchases immediately, thereby allowing you a longer credit period.
The advantage for you is the acquisition of an additional credit line which provides you with increased liquidity. Purchase financing gives your company extra room for negotiation with your suppliers.
Purchase financing is a relatively new product in a rapidly expanding market. As there is an increasing amount of new providers, it is becoming difficult to get a good overview of the market. We know which current reinsurance deals are available and analyse the feasibility of these in advance. In addition, we can advise you which purchase financer will be the best fit for you and clarify the contractual conditions with them. Where appropriate, we can also advise you about special deals and alternatives that might be a better fit for your requirements. We also support the Finetrader with the credit limit provision.
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.