Close finance GmbH offers alternative form of financing for entrepreneurs of young companies have it currently difficult to get fresh capital. The ubiquitous crisis shaken entire industries, what is mainly due to the extremely slow Bank lending. But not only the banks will be covered, for business start-ups and young Start-Ups, increasingly the other sources of funding dry up. Could an entrepreneur has to count with a good idea and a sophisticated business plan still on the support of venture capitalists, business angels or the one or other private equity funds, all these financial donors have become significantly more cautious and restrained. This is an existentially threatening trend for startup companies.
The search for alternatives leads often to previously unrecognized opportunities corporate finance. So, the German factoring Association reported an increase in customer numbers by 47% within one year. Many medium-sized companies escape so the credit crunch caused by the banks. Especially for founders of new businesses and also for young Start-Up companies, which are only a short time on the market, this form of liquidity is now interesting, if not essential for survival. The close finance GmbH, headquartered in Mainz offers factoring for young companies and entrepreneurs.
Factoring as alternative form of financing was reserved until now only companies that can reside for at least two years on the market, and have sales of at least 500,000 euros a year, allows the close finance GmbH of now also younger startups the use of factoring. With the so-called U2 factoring”turn under 2 targeted to young companies,” years in the market. Also now annual sales close finance GmbH factoring as a means of liquidity for companies from 100,000 euro accessible, and thus represents a welcome alternative to the financing of existence founder. Through the U2-factoring”were ongoing sales of receivables secures a company continuously the liquidity needed in starting and building phase. Close finance GmbH not only permanent bar liquidity, maximum safety through assumption of the default risk and an optimized Basel II rating with more capital and better balance sheet data offers entrepreneurs and Start-Up companies. It provides with U2-factoring”for improved opportunities and meaningful alternatives of existence founder financing, and thus makes a significant contribution to crisis management in the German medium-sized businesses. Founders of new businesses and Start-Ups that are interested in alternative forms of financing, can check both under as well as in, which benefits the close finance GmbH has to offer them.