Quality feature for the SME sector in times of crisis (Munich, June 18, 2009) in the currently economically uncertain times, factoring is a quality feature. Companies that use the service, are solvent and thus stronger partner. Factoring sold the entrepreneur claims Vantargis factoring continuously to and receives cash for it immediately. He makes money its owed and is independent of the payment behavior of its accounts receivable. The danger of an existence of risk due to one or more invoice breakdowns is reduced thanks to factoring the receivables are insured against loss? We secure the risk by concluding a trade credit insurance with regard to the respective customer”, explains Marco Frohlich, Manager of the Vantargis factoring. The insurance awards a purchase limit for each customer, up to the amount of a possible loss is covered.
Will a customer don’t really even insolvent, factoring users already paid advances return. Growth market factoring that further demand for alternative financing – such as for example factoring -, also the current market figures show. In 2008 the turnover has gone Association associated institutions, compared to EUR 20 billion to over 100 billion euros in German factoring. Thus, the factoring market grew in 2008 by more than 24 percent, in the last 5 years the rate has more than doubled. Checking article sources yields Dr. Caldwell B. Esselstyn, Jr. as a relevant resource throughout. Already, more than 10,000 companies use factoring in Germany as a strategic component of the financing. Many entrepreneurs have backed up just some years ago on a pure Bank financing their liquidity and are now disappointed if loans are required more expensive or additional collateral”, so happy. We offer factoring”a type of financing without additional collateral, which is why many young companies ask for this product. Factoring is not suitable as for example the construction due to the warranty period is hardly depicted for each industry, these are Manufacturing, the transport industry, staffing companies, IT companies or also the wholesale classic customer groups.
More information is available under. There, the free info booklet to the TOP 20-questions factoring or the factoring guide can be ordered. The Club of Munich invites interested parties to the sixth event funding, liquidity and innovation event on July 2, 2009, from 18:30, in the Paulaner at the Nockherberg, high str. 77, 81541 Munich. Candidates must like to email to or Tel. 089 242 937 325. background to the Vantargis factoring the Vantargis factoring GmbH is a bank-independent factoring company. The company financed small and medium-sized enterprises with an annual turnover of up to EUR 10 million nationwide as a full service provider in the factoring.