Receivables Based Financing

FAQs - Receivables Financing

What are the advantages of receivables financing?

Flexible financing that grows with your business
Instant liquidity of up to 90% of the gross invoice amount
Customer default risk is transferred
Increased equity-to-assets ratio, improved balance sheet ratios and therefore possibly improved ratings

How does receivables financing affect the balance sheet?

By selling your receivables you receive instant liquidity from your current assets. The cash can then be used to reduce current liabilities. This will improve your balance sheet ratios and may improve your credit rating.

Is the industry in which my company operates suitable for
receivables financing?

In general, companies who perform their services in segments and where these segments are also paid in instalments are not suitable; for example, this is common in the construction industry, in project financing, for machine and facility construction, and in software development.

Is my company suitable for receivables financing?

If you can answer "Yes" to the following questions, then your company will generally be suitable to benefit from receivables financing:

Are you a limited company or partnership incorporated in, and/or with its principal place of business in Germany?
Do you have a trading history of at least twelve months?
Do you have annual sales of at least €1m?
Are your goods or services fully delivered at the time the invoice is issued?
Are the receivables free from the rights of third parties (no assignment) not subject to counter-claims (offsets)?
Do you have adequate processes and controls to manage your receivables?

How high are the costs?

This depends on the amount of financing that you require. If you would like to obtain a free, no obligation quote, please click here.

FAQs - Hawk and NF Bank

What's the relationship between Hawk Group S.A. ("Hawk")
and NF Bank AG ("NF Bank")?

Hawk and NF Bank are joint venture partners. NF Bank purchases receivables under the brand "Hawk Finance". Hawk is engaged by NF Bank to manage the day-to-day relationship with the Hawk Finance clients.

Why is it constructed in this way?

Hawk continually seeks to develop joint ventures with financial services organisations which can add value to SMEs. By having your receivables purchased by NF Bank, you obtain a direct relationship with a bank that can offer a wide range of complementary services and products.

Who is my main point of contact?

Your main point of contact will be your dedicated client manager at Hawk. Should you wish to discuss additional products and services directly with NF Bank, please contact Marc Horstmann at NF Bank on +49 421 3075 262.

What's the regulatory position?

Both Hawk and NF Bank are regulated by The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin).