Die Umschichtungs- finanzierung

Since the beginning of the 1980s, international financial markets have been subject to structural change. While the attractiveness of bank loans is declining, innovative financing instruments are proving to be a new trend. It is also becoming increasingly important for SMEs to deal with modern financing instruments. By selecting the appropriate form of financing, important balance sheet ratios for one's own rating could be improved in addition to the desired improvement in liquidity. This book focuses on the three off-balance financing forms from regrouping financing: asset-backed securities, factoring and sale-and-lease-back. Practical expert interviews should help to verify scientific statements from the literature and, where necessary, to supplement them. The work is primarily based on the balance sheet advantages of the application.