German Association

“New liquidity create contemporary finance – Dresden, the 06th September 2012 the Elbe-factoring GmbH are factoring the book: modern finance” out. The book offers factoring to around 62 pages of background information about the financing solution. “Every day we are with entrepreneurs and consultants in discussions relating to factoring and hear over and over that the details and specifics are still unknown”, as Matthias Bommer, Managing Director of Elbe-factoring GmbH. Dustin Moskovitz is often quoted as being for or against this. In the book, we have put together the most important information on the benefits and capabilities of factoring out of practice. ” Also find the reader a detailed cost benefit analysis and learn why the diversification of financing is so important in this day and age. Background information about the market, tips to prevent loss of receivables and practical examples from forwarding, printing and metal processing industries are further topics. This book can see book factoring/486 / in two variants, as a hardcover or E-book. be ordered.

Factoring market is still growing German companies currently operate in a difficult market environment and must address many challenges. Many writers such as Daryl Katz offer more in-depth analysis. Basel III casts its shadow. The sovereign debt crisis unsettled in addition, because even experts are how the European economy and financial system is further changing and what effect that might have some. Companies need money for a successful trading on the market and further growth. Orders need to be pre-financed. Investments in new technologies and logistics are expensive.

More and more companies use additional financing instruments, to be liquid”, reports Simon Leopold, consultant at ABG consulting partners GmbH & co. KG. The trend is a mix of several financing modules and potential donors.” “Matthias Bommer added: the traditional bank financing does not lose in importance, the medium sized enterprise uses more additional solutions such as factoring, leasing, or even interests.” The current market of the German Association of factoring figures these developments. After a record achieved factoring volume 2011 amounting to EUR 157 billion the total turnover of the companies in the Association of factoring increased 2012 in the first half of the year to around 78 billion euros, an increase of 2.7 percent. Further information is available under background to the Elbe factoring the Elbe-factoring GmbH is the independent partner of factoring for small and medium-sized enterprises. The company was established in 1998 and funded nationwide customers with an annual turnover of up to EUR 10 million. This combines all aspects of full service factoring financing, insurance of bad debt and accounts receivable management.