Corporate Finance

• Growth Financing
• M&A
• Due Diligence
• Business Evaluation

Corporate Rescue

• Insolvency Advisory
• Recapitalization Management
• Liquidation
• Trust Services

Corporate Management

• Interim Management
• Stand-by Management

Non Performing Loans

• Investment
• Transaction services for the seller
• Transaction services for the buyer

Holding and releasing

• Bank has 100% risk
• Bank needs considerable human resources
• Equity remains fully tied

Securitisation

• Diversification of risk
• Immediate accession of liquidity with true sale
• Reduction in equity costs
• NPL never yet securitised in Germany

Participation

• Reduction in equity costs
• Immediate accession of liquidity
• Support for realisation
• Pro rata risk distribution

Sale of receivables

• Buyer assumes up to 100% of risk
• Immediate accession of liquidity
• Upside possible
• Only minimal resources needed following sale

• Advice on selection (single-asset trading and/or sale of portfolio)
• Prior analysis and valuation of anticipated sale price
• Market assessment and assessment of time for implementation
• Sale to selected investors or general auction procedure
• Follow-up monitoring and support for any queries following transaction