05/19/2014

Munich Ilka Stiegler

We received from several banks for our project"cancellations, Muller reports. And always, the reasons were similar, because we were new on the market and had little collateral." Founders Fund is particularly risky for the Bank. There are usually no collateral, the business model is not innovative and possible loans are very expensive. On the Internet search for possible alternatives, Oliver Muller came on factoring as a financing model. Because we sit in Bavaria, we searched for a factor in close and came up with the Vantargis factoring", tells of the Managing Director. The business plan has been analysed in the first conversation and especially the existing structure of the customer. Because most temporary employment buyers were well established medium-sized companies that typically meet the agreed 45 days payment target, the Vantargis agreed to factoring a collaboration.

Getting started with factoring within a few working days prepares the personnel service provider the customer and invoice data. I phoned our customers and informed that we want to use factoring in future", says Muller. The feedback has been positive, because nothing will change for the customers, you simply deposit to another account." The trade credit insurance largely confirmed the desired Ankauflimite for accounts receivable. Already in the third week after contract start date, Vantargis factoring bought the first claims. We since then simply submit our invoice copies online at Vantargis factoring and have credited the money after two days on our account." After several years of market presence, the company is established and employs today around 120 in all over Germany with a turnover of EUR 3.8 million.

Through the use of factoring we do now without additional bank loans and accommodate our future growth in attack", so the entrepreneurs. There is more information at. There can also be the free magazine middle-class India log be ordered with knowledge, tips and trends to corporate finance. 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. Here, the Vantargis factoring GmbH with finance, insurance of bad debts and Receivables Management combines all aspects of factoring in any service. For companies from 10 million Euro turnover is factoring also implemented in the in-house procedure. Questions or more information: Vantargis factoring GmbH Widenmayerstr 28 80538 Munich Ilka Stiegler head corporate communications phone: 089 2429373-25 E-mail:
May 19, 2014 7:36:06 PM

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