Solutions For The Credit Crunch

Banks finance increasingly craft and SME – help is easy and possible at any time! The financial crisis has brought the world of the banks more than just in the waver since 2008. The banks are busy since then mainly to problems of their own homemade and not new to enter it if possible at a maximum rate of return. In particular crafts and medium-sized businesses stay on the track. Under the high pressure of the market, often funds are needed, provided by the banks, despite government funding not be available. In particular, small and medium-sized companies feel the effects of the economic crisis.

At the same time, banks and savings banks have their own problems and tighten up the requirements for existing and more loans. Often we are asked to help as a tax consultant from our clients. For the nationwide Steuerberatergruppevon of the European working, it was obvious tax & law (ETL) to create their own solutions for their clients. As an equity fund was set up, more than 15 million paid to over 130, mostly smaller companies has. We are happy about every new request and consider each request individually. Also modern forms of financing, such as factoring or goods purchase finance, belong to the SME financing offensive of the ETL group.

Factoring is becoming increasingly important in Germany. The customer receives immediate liquidity, at the same time, the requirements to 100% are insured. We exclude any sector, because also in difficult industries, there are good companies. Factoring is possible now, even for companies with an annual turnover from 100,000. With goods purchase financing, easily longer payment terms can be agreed with suppliers. Especially for manufacturing companies to entrepreneurs finance the material to the subsequent invoicing. So, there is financing alternatives for small and medium-sized enterprises. Simply contact us! Torsten Bogausch Schmidt & Partner GmbH Steuerberatungsgesellschaft branch Weisswasser Tel.: 03576/2839-0 fax: 03576 / 283930 Internet: sp white water email: