May21135 for companies that statisticallydon’t comply to the IHF-credit, with a turnover between€4 million and€15million to€20million, aswell as for thosewhowant to have five- to ten-year onetime largeannuity. The bank is the funder and sets the price for the priceand profit margin, and the risk for this loan is next to nothingwith hardlyany supervision necessary. Thecommunity is usedas the bank organisation. The bank has an inlog in the community of two bank accounts andNewco YCS has an inlog for thecredit question for Licence 1. Communities, hardware partner in the system as the banks, deliver – for example, including companies that sell bookkeeping programmes to its customers and providee-invoicing to them– are partnerswithNewcoYCSand licence company, ABPaymentflows in order to provide their clients, whoarealready living in thedigital age, access to theYCS system. All banks can use Licence 2 for its own customers. Per country is one bank needed to execute Licence 1 togetherwith thecommunity andNewcoYCS. If you would like to learn more about AB Paymentflows, and serve SME customers better than ever before, please visit the company website. Company: ABPaymentflows Contact: GerardMarkerink Email: [email protected] Website: www.abpaymentflows.com Most Innovative In-House Financing Firm - Netherlands ABPaymentflows (ABP) offersSMEs, particularlythosewithpoorcredit, thehighestqualitycreditat thebest price. This is done through a variety of tasks and services, including its new IHF (In-House Financing) credit application, which provides a new asset-based financing category to enhance financing possibilities for SMEs. In light of the firmbeing recognised within the Technology Innovator Awards 2022, we learn more about how it helps its clients. GerardMarkerink leadsABPaymentflows, a company enriched by his rootswithinNIBC in TheHagueand INGMergers andAcquisitions. Gerard is an independent finance professional and has been anM&Aspecialist since 1990. Indeed, hea veteranwithin the industry, a pro-activeand solution-driven entrepreneur who leads his teamwith great commitment and expertise.ABPaymentflows has been a licensed company since 2018, withGerardand his team on amission to helpSMEswhoencounter difficultieswhen it comes toattracting funding within thecurrent economic phase, with several developments such as retractingmovement of banks, stricter requirements of loans, and adverse payment conditions contributing to their financial struggles. It isABP’smission tooffer theSME the highest quality credit at the best price through itsYCS (YourCapital Support) platform, with its strategy toachieve this being its new IHF credit form in addition to execution of various tasks and related services. Asset-based finance has been the increasing focus of development in business lending since the 1950s. Mortgage-based finance came first, then the first mature segmented asset-based lendingmarket. Leasing of cars andmachinery followed, after its separate asset status was explicitly secured by relevant regulation. Invoice financing was a logical next step, however, this suffered froma lack of concrete possibilities to track and (legally) collateralise the invoices, resulting in a compromised status and high pricing. Originally, financingactivities of bankswere as standard unsecureddue to the legal and informational framework being near absent and/or nowhere near as sophisticatedas today. However, the risks of trade finance weremitigated by very carefully following the activities of commercial companies. As a result, soon came thecreation of an adequate legal frameworkmortgage-based financewhich thrived, anda separate financingmarket then came intoexistence. Based on current digital possibilities, automation, andan ingenious structure, the IHF credit invoice financing concept overcomes the suggested need of a “substantial and reliable dataset reflecting historical small business default”. It is a systemthat statistically predicts a specific business default, based on its idiosyncraticdata, instead of relying on biased and tediousman-processedapplication of historicdata. Since IHF credit is based on the flowof invoices on a fullyautomated basis, the time-is-money concept is determined by the technical process of connecting the systems and standardadministrative procedures. The initial quantitative risk assessment process is standardisedandaccompanied bya short procedureof qualitativeassessment of theSME’smanagement. The structure simultaneouslyguarantees a fullyautomated monitoringactivityallowing for a learning earlywarningalgorithmthat may serve just aswell as a basis formonitoringand risk assessment of financing that is related toother asset-based financing segments. ABPpartneredwithMoodyAnalytics toexplore theactual stateof SME lending possibilities, fromwhich a clear analysiswas developedand advicewas received on theconditions that allow for successful SME lending in the future. These conditions as identified inMoodyAnalytics’ report haveallowedABP todevelopa suitable and efficient business concept toensure feasibleSME financing. Thus, ABPaymentflows developed itsYCS application viaMicrosoft Azure in cooperation withNewcoYCS. TheYCSapp is just the kind of advanced SaaS systemthat provides a single integrated solution formanaging the entirecredit lifecycle, with SMEs able to have two bank accounts each, enabling easyand quick processing of data. Thedesign of this application facilitates theextension of the IHF credit, and the necessary borrower information is streamlined up to the smallest detail and processed in a fullyautomatedway in order to prepare for lendingdecisions. ABPaymentflows developed the IHF-credit (Licence 1) and recently Licence 2 for every bank viaNewcoYCS, for large loans, based on e-invoicing for own return andat (zero) risk of the bank. Two bank accounts aredelivered for obvious reasons, per customer. Banks receive the service included in Licence 2 for large loans, which has been developed Oct2 572
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