Credit & Financing
Optimization of balance sheet and liquidity
In times of increasing economic and political uncertainty, good receivables and financial management is becoming increasingly important for securing the company. As an independent insurance broker, we determine your individual receivables default risks and help you select the right insurance instruments. Risks include, for example, bad debt losses due to insolvency of the debtor (protection instrument = credit insurance) and losses due to unauthorized actions of the employee or external third parties (protection instrument = fidelity insurance).
In addition, we draw up concepts for structuring corporate financing and guaranteed credit lines as a supplement or alternative to traditional bank loans.
Merchandise Credit / Export and Avoidance of Transactions in Insolvency Proceedings Insurance
Credit insurance provides insurance cover for revolving receivables from supplied goods and services in the event of insolvency of commercial customers in Germany and abroad. In addition, the insurer - as part of debtor management - also performs credit ratings and routine monitoring of debtors.
Bond and Surety Insurance
The German economy suffers losses of several billion euros per year as a result of fidelity losses (losses deliberately caused by employees or external third parties that affect the company's assets). Long-standing employees are a particular risk group. If a relationship of trust has developed between employer and employee over many years, appropriate control measures seem unnecessary and fraud by embezzlement is not expected.
Factoring is the sale of short-term revolving monetary receivables from goods supply and services transactions to a factoring institution (factor). The selling company receives up to 90 percent of the purchased receivables immediately after the sale, the remaining amount after payment by the customer or in the event of the customer's insolvency.
Factoring increases the seller's liquidity and the risk of bad debts is transferred to the factor (domestic and abroad). The seller protects his credit lines and expands his possibilities to take advantage of cash discounts. The effect of the balance sheet contraction also improves the seller's equity ratio. Within the scope of flexible sales financing, various factoring options are offered on the market that are tailored to the respective needs of the seller.
Professionality and speed are the decisive factors for success in debt collection. The product lines of debt collection service providers nowadays begin with invoice printing and invoice dispatch.
The providers accompany their customers from court-settled debt collection to debtor monitoring.
Rating and Credit History Information
The term asset-backed securities (ABS) refers to off-balance-sheet financing via a sale of receivables to a special-purpose entity domiciled abroad, usually a silent and non-recourse transaction.
Such companies pursue the goal of securitizing and issuing so-called "commercial papers" on the free capital market. Advantage: the inflow of liquidity provides the seller with increased financing flexibility.