german

 

PRESS RELEASE

Düsseldorf, 21. Februar 2017

New financing opportunities for TRUMPF clients:
COMPEON assists TRUMPF Financial Services with sales financing

The high-tech firm TRUMPF is offering clients in Germany, Italy, the UK, the Netherlands and Spain new financing opportunities. To do this, the company’s own bank, TRUMPF Financial Services, is cooperating with Germany’s leading SME financing portal, COMPEON.

From now on, clients can request and compare offers from various banks and leasing providers using the new ‘TRUMPF Finance Manager’. TRUMPF is able to offer this new service thanks to a digital interface with Germany’s leading SME financing portal, COMPEON. The fintech works with more than 220 banks, leasing companies and other financial partners, enabling it to offer tailored financing packages with the best terms. TRUMPF has been boosting its sales in Germany by offering its own financing products since 2001. TRUMPF Financial Services has held a full banking licence for almost three years.

Dr Nico Peters, Managing Director of COMPEON, said: “In commerce, almost every consumer item is now sold online. These days, customers expect a digital financing service at the point of sale too. That is why we are breaking new ground in sales financing.” Sebastian Thiemann, Chief Sales Officer at COMPEON, added: “Our platform increases transparency and efficiency for both companies and financial service providers. In sales financing, we already work with large SMEs and connect them to COMPEON via the internet, SAP or stockist networks.”

Hans-Joachim Dörr, Managing Director of TRUMPF Financial Services, said: “We hope to tap global markets even more quickly and efficiently through our collaboration with COMPEON. To achieve this, we are offering our clients the best financing solution for them – whether that is one of our products or not. 

The financing service is set to be rolled out in more countries over the next twelve months via the TRUMPF website. As well as financing TRUMPF machinery, clients in Germany can use the service to fund machinery from other manufacturers or commercial property. The TRUMPF Finance Manager can be found online at https://www.financemanager.trumpf.com.

 

 

About COMPEON GmbH

COMPEON is Germany’s leading financing portal for SMEs. Companies can obtain tailored offers from various financing partners for their planned projects by submitting a query free of charge at www.compeon.de. COMPEON works with more than 220 banks, leasing companies and special providers and handles financing enquiries with a total volume of €2.5 billion every year. In addition to credit, loans and leasing agreements, the firm brokers also factoring and alternative financing products – such as mezzanine capital, purchase and project financing or private debt.

The fintech company has been on the market since 2013. In addition to its three founders and managing directors Kai Böringschulte, Dr Nico Peters and Dr Frank Wüller, COMPEON is owned by DvH Ventures, b-to-v and Tengelmann Ventures. 

 

About TRUMPF GmbH + Co. KG

The high-tech firm TRUMPF offers manufacturing solutions in the fields of machine tools, laser technology and electronics. They are used to make a range of products from vehicles and building systems to mobile devices and even modern energy or data storage systems. TRUMPF is the technological and market leader in machine tools for flexible sheet metal working and industrial lasers.

In 2015/16, the company generated sales of €2.81 billion with approximately 11,000 employees. The group has some 70 subsidiaries, giving it a presence in almost every European country, North and South America, and Asia. It has production facilities in Germany, France, the UK, Italy, Austria, Switzerland, Poland, the Czech Republic, the USA, Mexico, China and Japan.

  

About sales financing

Relationships between customers and suppliers are becoming increasingly digital. It has long since become standard practice to order even large machines or entire fleets online. Customers expect to receive a comprehensive service via their chosen channel. This means that they must be able to take out financing online at the point of sale (POS). With this in mind, more and more companies are offering corresponding financing solutions online in addition to their products. This serves as a means of setting themselves apart from their competitors, increasing clients’ willingness to buy and boosting customer loyalty. COMPEON helps firms to do this and creates digital interfaces which the companies’ customers can use to find the best financing option for them quickly and directly. 

 

 

Press officer:

Dr. Annika Ollrog
Louise-Dumont-Str. 5
40211 Düsseldorf

Phone: +49 (0)171 / 412 51 85
E-Mail: aollrog@compeon.de