By Ole Barkmann, Head of Business Development Banking at PASS Consulting Group

When it comes to asset-based lending, i.e. asset-based financing, there are specific differences between Germany and countries in and outside the EU.
In our podcast, we get to the bottom of the most important challenges.

In our podcast “For a better digital world”, we take a look at the important topics of banking digitization.
I spoke to Dirk Piethe, Co-Founder and Managing Director of LABESTservice GmbH in our PASS Performance Center in Frankfurt’s Messeturm.

Together we will discuss the topic of inventory financing and not only shed light on the importance for investors and benefiting companies (e.g. from the logistics sector), but also explore the question of whether and if so why Germany still seems to be lagging behind international developments in the area of asset-based lending.

About LABEST:
LABEST is a start-up founded at the end of 2016 and based in Düsseldorf/Berlin. Launched as a SaaS provider for digital risk monitoring for banks and insurance companies, LABEST already secures credit volumes in the three-digit million range (€). With its innovative cloud solution, LABEST has been closing the gap between physical warehouse inspections and digital warehouse logistics systems since 2019. Since then, FinTec has been working for banks, credit institutions and debt funds to bring warehouse financing into the digital world in all asset-heavy sectors in the DACH region – from retail to production.

About PASS:

PASS Consulting Group was founded in 1981 in Aschaffenburg an international IT consulting and software provider with more than 700 employees. In addition to its headquarters in Germany, PASS Consulting Group has branches in the USA and India. and India. In the banking sector, PASS Consulting Group offers a comprehensive portfolio of banking software products in particular, including

  • Core banking system
  • Online banking software

The PASS Consulting Group offers software solutions for process optimization in the logistics sector, such as

  • Route planning software and route optimization software
  • Mobile order processing software