Among the non-bank financing instruments, Wholesale finance is a particularly popular way of keeping the cost of goods and liquidity in balance. In addition to direct business, it also fulfills a customer loyalty function, because whoever finances the warehouse is usually also the preferred business partner for Retail Finance.
The Wholesale finance solution implements tailor-made processes for object and product selection, application, approval and management of purchase financing, including warehouse financing and factoring. The entire process chain of the property contract is mapped, from creation to termination. The range of services extends from the selection of the property to be financed and the individually coordinated repayment plans (interest surcharges, interest obligations), recording of the required data budget with corresponding plausibility checks, automated querying of information, scoring, generation of automatic or manual credit decisions, workflow-supported credit processing and disbursement through to contract management and accounting.
Intelligent checks
Automatic check of the application for double financing within seconds as well as property and collateral evaluation, determination of the financing amount taking into account discount factors, collateral value and the available credit line;
Decisions
Automatic and, if necessary, manual decision taking into account customer-specific stop and knock-out criteria with exact logging of the decision history;
End-to-end system
Workflow-based credit processing with defined check steps up to activation of the contract and execution of payments;
Entire process chain
Registration of the partner, allocation of the credit line and individual conditions depending on the rating, maintenance of payment accounts and payment method, definition of the permitted depositories of collateral, etc;
Flexible financial products
Design of any repayment plans with definition of the rhythm or timing of repayments, amount of repayments as a percentage or as an amount, definition of the party liable for interest as well as the type and amount of the interest surcharge, discount factors for property type, property age, etc;
Interaction with collateral management
During activation and during the term of the contract, the system checks whether all collateral required in accordance with the set rules, such as vehicle registration certificates, land charge entries, mortgages, life insurance assignments, has been created and linked to the framework and property contracts.
Any number of products
You can select any number of product types from the catalog. You can finance valuable capital goods from all product categories, such as kitchens, commercial vehicles, construction machinery, machine tools and much more.
Intuitive user interface
With its intuitive user interface, the Wholesale finance solution enables you to process all business transactions quickly and securely.
The entire life cycle of Wholesale finance, from the preparation of the offer to the termination of the contract, is mapped in an end-to-end digital system.
Financial service providers are present in all B2B sales channels with a digital solution. Manufacturers/importers, cooperation and trading partners can be addressed as borrowers with customized conditions.
In conjunction with Wholesale Finance, the automatic netting of payment transactions between Retail Finance and Wholesale Finance is possible.
Modern Wholesale finance becomes possible at the highest level of automation with high volumes, standardized processes, quick decisions and automated contract management.
In the interaction between manufacturers, retailers and financial service providers, the solution integrates the systems of all business partners and thus automates the Wholesale finance and factoring processes to a particularly high degree.
Wholesale finance with flexible financial products for specific business types and all common object groups (e.g. vehicles, equipment) is mapped consistently.
