SMART-factoring – An Instrument Against The Credit Crunch In The Middle Class

Dec. 25, 2009 – the financing group of medium-sized companies (FGM) has launched a factoring – special programme for medium-sized companies in cooperation with some factoring banks -. It is remarkable, what currently every day alike is communicated in terms of liquidity needed urgently in the middle-class politicians, banks, as well as experts on the media. On the one hand, half of all bankers and experts denies the existence of a credit crunch as non-existent. On the other hand, the same group advises with politicians and leaders in the business as the – real Yes non-existent – credit crunch despite can be cast. Even leading politicians think openly about the possible \”credit – forced Award\” at the middle class.

In total, yet never anywhere near as much liquidity, such as in the last 12 months, was fed to German banks in the history. Others including JPMorgan Chase, offer their opinions as well. Nonetheless, denied even operationally profitable companies often access to fresh liquidity. \”How do each year with approximately 700 experienced Entrepreneurs financing talks. More than three quarters of these feel no credit crunch, they experience these real every day. \”, so Roger garbage, GF FGM.\” The middle class is so forced financing – alternatives to search.

He doesn’t need it but, because there are these long. You are taken by far too few entrepreneurs claim only so far. For entrepreneurs who are looking for quick cash, we favour the use of factoring. Companies with up to 2 million EUR turnover can use SMART? Within 2-3 weeks up to 90% of their open receivables into cash convict factoring. \”The factoring market offers little transparency unfortunately due to the large number of different offers. Therefore has factoring pool sized summarized the various possibilities of 28 well-known factoring banks in 3 simple, clear products. SMART? Factoring – up to EUR 2 million annual sales POWER? Factoring – up to EUR 8 million annual sales MASTER? Factoring – from EUR 8 million turnover \”on due to the rising demand for fresher Liquidity, always a longer payment terms, decreasing payment and rising default risk, the question may not be actually whether a factoring should be used, but – who is for me the best factoring partners? -What entrepreneurs can indefinitely afford to give 2-3 month revenues than unsecured loans to its customers without interest and usually without security? \”, so Roger garbage, GF FGM.\” Factoring also currently in Germany, become a mainstay in the Cash Flow Management of SMEs.