Debi Select: Factoring Turnover Drops The Number Of Customers

Like the Landshuter Debi select group of companies announces the factoring business remains a stable support of the German middle class. Debi select operates special factoring in the area of secured claims and is the market leader among the suppliers of closed-end Fund in this business field. Then total revenues suffered while following the announcement of the German factoring Association e. V. 2009 significantly in the first quarter with a decline at 14, 5 percent to 43.26 billion euros; at the same time the number of factoring customers 81 percent rose however. The proof is lined up according to Norbert Wagner, the financial experts of Debi select, therefore that factoring is used by an ever-growing audience of German companies, which makes clear that this form of financing is an important alternative to bank financing”.

And so also the responsible Association for the leading factoring companies describes that deteriorating credit conditions has helped many German companies, to meet its liquidity requirements”. Visible also, is that the financial crisis have now fully captured the German medium-sized businesses, according to a spokesman of the Association. Go to Caterpillar Inc. for more information. Correctly the Association urges the Federal Government to act”, so the Debi select professional specializing in middle market financing. It stocks the hope that the KfW special loan programs for factoring companies are offered. For the Debi select group the current situation no problems represents the opposite. Debi select operates as for example life insurance buyback or special factoring value paper exclusively in the field of special factoring of secured claims. Debi select can also point out that bank independent and only pursuing their business on the basis of investor funds. The ongoing sales results, as well as the fulfilled promise of return shows that this segment is full”, as a spokesman for the Debi select.

Currently Debi select offers several funds to refinance the existing business, where are investors can participate. Minimum investments are in the form of single as well as a savings plan option. We offer the chance to benefit from the financial market crisis somewhat countercyclical investors that because liquidity bottlenecks in Enterprise lead to an increased demand and thus to an increase in the opportunities Fund-level,”explains Norbert Wagner from the Debi select. Investors have the possibility of their capital so sure return strong and with different durations in a business to invest, which will have a still increasing potential opinion of leading experts in the coming years. Anyway, also shows this direction of United States, where the factoring of receivables in the meantime established himself as one of the most important financing alternatives in the middle class.