Special Financing
One of the cornerstones of the work of Kienbaum’s Financial Services Team lies in the credit business. This has led us to gain in-depth competence in the financing sector, which is particularly relevant in our work with specialist financing businesses. Our team has already had an opportunity to work with a substantial number of specialist finance providers, on areas including leasing, car credits, or real estate financing. We can offer the required expertise in the relevant areas of interest as well as a close-knit network and a characteristic sense for the specific situation of the markets.
The general acceleration of change in the banking industry is a particularly crucial feature of the specialist finance sector. Even a cursory glance at a selection of current trends will immediately reveal the particular challenges affecting three key areas of work in the industry:
Leasing
- A stagnating market volume and penetration rate.
- Falling repurchasing values.
- The increasing relevance of competitive cost structures.
Car Finance
- The effects of the Cash-for-Clunkers scheme.
- Increasing captives to non-captives competition.
- The increasing relevance of non-automotive product lines (e.g. direct banking).
- Refinancing problems and a trend towards deposit business.
Real-Estate Finance (Wholesale)
- Increasing credit defaults and cautious investors.
- Lasting damage to key players as a result of the credit crunch.
- Refinancing problems.
We are committed to designing and implementing suitable countermeasures against these and other challenges with a clear eye for the bottom line.
Contact
Tomas Rederer, +49 175 290 50 32, tomas.rederer@kienbaum.de