For entrepreneurs and freelancers, there are dozens of reasons for short-term capital requirements:
customers do not pay or suddenly go bankrupt, a planned order is not placed to the expected extent or not at all, or surprisingly high additional tax payments have to be made.
Nevertheless, companies naturally need money to cover salaries and other costs. Self-employed people and freelancers find it particularly difficult to obtain money quickly and unbureaucratically from traditional lenders such as banks. In addition, a bridging loan must be officially applied for and approved, which always takes a lot of time. In the vast majority of cases, this is also not possible without a credit check. If your company or business has already been in such a situation, you will have an even harder time convincing a bank. Especially as every loan ends with a Schufa entry. This could limit your options in the future.
In Pfando Magazine, we look at the numerous reasons for this and also the solutions to help entrepreneurs quickly become solvent again. We show you the advantages of the Pfando service for business customers. We also explain what kind of vehicle you as a business customer can use the Pfando sale & rent back service with.
