{"id":43793,"date":"2018-11-26T11:22:35","date_gmt":"2018-11-26T09:22:35","guid":{"rendered":"https:\/\/newserver.fyb.de\/produkt\/german-financing-landscape-in-flux\/"},"modified":"2018-11-26T11:22:35","modified_gmt":"2018-11-26T09:22:35","slug":"german-financing-scenery-in-transition","status":"publish","type":"product","link":"https:\/\/www.fyb.de\/en\/produkt\/german-financing-scenery-in-transition\/","title":{"rendered":"German financing landscape in&nbsp;flux"},"content":{"rendered":"<p><strong>Carl-Jan von der Goltz<\/strong> \u2014 Mana\u00adging Part\u00adner of Maturus Finance GmbH, Hamburg<\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>Germany is expe\u00adri\u00aden\u00adcing a gradual but serious change in the finan\u00adcing land\u00adscape.  <\/strong><strong>Banks conti\u00adnue to be an important finan\u00adcing part\u00adner.  <\/strong><strong>For some years now, howe\u00adver, alter\u00adna\u00adtive models such as leasing, facto\u00adring and  <\/strong><strong>Co. on the rise. Medium-sized compa\u00adnies are incre\u00adasingly rely\u00ading on bank-inde\u00adpen\u00addent  <\/strong><strong>Models.<\/strong><\/p>\n<p>Ten years ago, entre\u00adpre\u00adneurs were almost conside\u00adred exotic if they used forms of finan\u00adcing such as leasing or facto\u00adring. Today, alter\u00adna\u00adtive models and finan\u00adciers have a perma\u00adnent place in many stra\u00adte\u00adgic finan\u00adcing port\u00adfo\u00adlios. This change will conti\u00adnue \u2014 the rules of the game are chan\u00adging. In the future, banks will have even less room for maneu\u00adver in many finan\u00adcing situa\u00adtions due to the regulations.<\/p>\n<p>One exam\u00adple: With the intro\u00adduc\u00adtion of IFRS 9, each indi\u00advi\u00addual expo\u00adsure must be reco\u00adgni\u00adzed in the balance sheet at its current fair value, which will result in a higher depo\u00adsit of equity. There is incre\u00adasing pres\u00adsure, for exam\u00adple, to sell on restruc\u00adtu\u00adring expo\u00adsures with the asso\u00adcia\u00adted need for write-downs. It can also be assu\u00admed that banks are unli\u00adkely to accom\u00adpany new credit expo\u00adsures that are risky from their point of view. As a result, the gap in credit\u00adwort\u00adhi\u00adness will widen even further. Other finan\u00adcing part\u00adners will incre\u00adasingly fill this gap: Credit\u00adwort\u00adhi\u00adness and bank-inde\u00adpen\u00addent provi\u00adders, fintechs, and various play\u00aders on the capi\u00adtal market.<\/p>\n","protected":false},"featured_media":18563,"comment_status":"open","ping_status":"closed","template":"","meta":{"wp_typography_post_enhancements_disabled":false},"product_brand":[],"product_cat":[2452,2453,2457],"product_tag":[1706,1709,1711,1715,1721,1725,1728,1729,1732,1735],"class_list":{"0":"post-43793","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-ebook-en","7":"product_cat-carl-jan-von-der-goltz-en","8":"product_cat-fyb-2019","9":"product_tag-capital-market","10":"product_tag-factoring-en","11":"product_tag-carl-jan-von-der-goltz-en","12":"product_tag-maturus-finance-ltd","13":"product_tag-financing-landscape","14":"product_tag-leasing-en","15":"product_tag-financing-portfolios","16":"product_tag-market-value","17":"product_tag-credit-scissors","18":"product_tag-financing-occasions","19":"pa_ausgabe-deutsch-en","20":"pa_ausgabe-englisch-en","22":"first","23":"outofstock","24":"taxable","25":"shipping-taxable","26":"purchasable","27":"product-type-variable"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>German financing landscape in flux - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/produkt\/german-financing-scenery-in-transition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"German financing landscape in flux - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Germany is experiencing a gradual but serious change in the financing landscape. Banks continue to be an important financing partner. For some years now, however, alternative models such as leasing, factoring and Co. on the rise. Medium-sized companies are increasingly relying on bank-independent Models. Ten years ago, entrepreneurs were almost considered exotic if they used forms of financing such as leasing or factoring. Today, alternative models and financiers have a permanent place in many strategic financing portfolios. This change will continue - the rules of the game are changing. In the future, banks will have even less room for maneuver in many financing situations due to the regulations. One example: With the introduction of IFRS 9, each individual exposure must be recognized in the balance sheet at its current fair value, which will result in a higher deposit of equity. There is increasing pressure, for example, to sell on restructuring exposures with the associated need for write-downs. It can also be assumed that banks are unlikely to accompany new credit exposures that are risky from their point of view. As a result, the gap in creditworthiness will widen even further. Other financing partners will increasingly fill this gap: Creditworthiness and bank-independent providers, fintechs, and various players on the capital market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fyb.de\/en\/produkt\/german-financing-scenery-in-transition\/\" \/>\n<meta property=\"og:site_name\" content=\"FYB Financial Yearbook\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.fyb.de\/wp-content\/uploads\/2016\/11\/Carl-Jan-von-der-Goltz.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"450\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/german-financing-scenery-in-transition\/\",\"url\":\"https:\/\/www.fyb.de\/en\/produkt\/german-financing-scenery-in-transition\/\",\"name\":\"German financing landscape in flux - FYB Financial Yearbook\",\"isPartOf\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/german-financing-scenery-in-transition\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/german-financing-scenery-in-transition\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2016\/11\/Carl-Jan-von-der-Goltz.jpg\",\"datePublished\":\"2018-11-26T09:22:35+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/german-financing-scenery-in-transition\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.fyb.de\/en\/produkt\/german-financing-scenery-in-transition\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/german-financing-scenery-in-transition\/#primaryimage\",\"url\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2016\/11\/Carl-Jan-von-der-Goltz.jpg\",\"contentUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2016\/11\/Carl-Jan-von-der-Goltz.jpg\",\"width\":450,\"height\":400},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/german-financing-scenery-in-transition\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.fyb.de\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FYB Shop\",\"item\":\"https:\/\/www.fyb.de\/en\/shop\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"German financing landscape in&nbsp;flux\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.fyb.de\/en\/#website\",\"url\":\"https:\/\/www.fyb.de\/en\/\",\"name\":\"FYB Financial Yearbook\",\"description\":\"For Your Business\",\"publisher\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.fyb.de\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.fyb.de\/en\/#organization\",\"name\":\"FYB Financial Yearbook\",\"url\":\"https:\/\/www.fyb.de\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fyb.de\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/06\/logo.svg\",\"contentUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/06\/logo.svg\",\"caption\":\"FYB Financial Yearbook\"},\"image\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"German financing landscape in flux - FYB Financial Yearbook","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.fyb.de\/en\/produkt\/german-financing-scenery-in-transition\/","og_locale":"en_US","og_type":"article","og_title":"German financing landscape in flux - FYB Financial Yearbook","og_description":"Germany is experiencing a gradual but serious change in the financing landscape. 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