E-Farm: The online marketplace for agricultural machinery
Michael Westhoven in MATURUSAKTUELL
In the autumn / winter 2022 issue of MATURUSAKTUELL you will find a user report about E-Farm, an online trading platform for used agricultural machinery. Michael Westhoven, Partner at Livingstone in Düsseldorf, supported E-Farm in the search for alternative financing solutions for the purchase of agricultural machinery as an alternative to pure brokerage. The company chose Asset Based Credit (ABC) as an instrument, because valuable assets are used as collateral for a loan. This protects your own balance sheet and usually achieves a higher loan-to-value ratio than with a classic loan.
Read the full article in MATURUSAAKTUELL // Fall/Winter 2022 issue.