E-Farm: The online marketplace for agricultural machinery

Michael Westhoven in MATURUSAKTUELL
Livingstone tractor on a field

In the Fall / Winter 2022 issue of MATURUSAKTUELL you will find a case study about E-Farm, an online trading platform for used agricultural machinery. Michael Westhoven, Partner at Livingstone in Düsseldorf, supported E-Farm in its search for alternative financing solutions for the acquisition of agricultural machinery as an alternative to the traditional brokerage business. The company chose Asset Based Credit (ABC) as an investment solution because it uses valuable assets as a security for a loan. This protects the company’s own financial performance and, in general, achieves a higher loan-to-value ratio than with a conventional loan.

 

Read the full article in MATURUSAKTUELL // Fall / Winter 2022 issue.


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