We're in Germany!

Our first German Factoring deal was completed this week, the client a large IT reseller was looking for a Factoring facility to unlock some much needed cash-flow. The German market is quite difficult to obtain finance for SME's as the banks and even some fin-tech lenders have very high underwriting requirements and thus are competing with each other. Close Brothers were very flexible and efficient and have provided my client with a facility that will allow them to double their turnover over the next 12 months. "Deutsch Effizienz auf höchstem Niveau"

#BRFinanceinGermany