Volker Bromund attending “Aussenwirtschaftstag” of BVMW

Volker Bromund joined the "Aussenwirtschaftstag" of BVMW (Bundesverband mittelständische Wirtschaft Unternehmerverband Deutschland), the German Association for Small and Medium-sized Businesses.The "Aussenwirtschaftstag" event, took place on 19.10.2020 , in Frankfurt, Germany. Click below to open the presentation slide: PDF file icon German Desk Financial Support and Solutions Click below to watch the video: Starting at 0:58 Volker explained about the German Desk Financial Support and Solution. https://www.youtube.com/watch?v=VsYkEqZJx4E&t=102s

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Source of Liquidity – Sale and Lease back

If you have in the past few years purchased equipment with own funds and you would now need the liquidity you can monetize these assets via a Sale & Lease back structure. Just sell the assets on book value to a Leasing company and lease back the equipment over the next few years. Besides gaining immediate additional liquidity you can also have tax incentives as lease payments are OPEX and fully tax deductable - so you can shorten the depreciation time and reduce your tax burden (for details please consult with your tax advisor).Feel free to contact me for additional discussions: volker.bromund@prime-consultancy.com

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Increase Your Sales by Extended Credit Terms and Higher Credit Limits

Payment terms and account receivables are always a topic when strategies are internally discussed how to increase sales and do more business with existing or new customers. Extending payment terms to longer tenors or increasing supplier credit lines are often requested by customers - but granting that has three major impacts: The cash flow will be delayed and many suppliers don't have the liquidity or credit lines to allow such extended credit terms. The longer the payment terms the higher the risk that in the future the customer cannot pay and will default as he will use the revenues from his customers not to pay the supplier but will use the funds for other purposes. Higher credit limits increase the risk of higher losses in…

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Panin Bank Launches German Desk Financial Support & Solutions in Indonesia

Originally reported by Beritasatu.com on 30 November 2017, 21:00 WIB   Jakarta – Panin Bank, one of the major private banks in Indonesia, together with German trade and investment institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG) and German-Indonesian Chamber of Industry and Commerce (EKONID) has formally announced a partnership to establish the German Desk – Financial Support and Solutions in Indonesia.This trade desk aims to strengthen bilateral trade relations between the two countries, and support development of Indonesian companies through a range of products and financial solutions offered by these three parties.Click here for the original article. News Report About the Launching of German Desk The launching of German Desk was reported by the Metro TV channel, covered in the "Lensa Bisnis" (Business Lens) program. Please watch from the minute 01:00.https://www.youtube.com/watch?v=uOEV7qpiLOc

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