For entrepreneurs and freelancers, there are dozens of reasons for short-term capital requirements:
Customers don't pay or become suddenly insolvent, a planned order is not placed to the expected extent or not at all, or surprisingly high tax arrears must be paid.
Nevertheless, companies naturally need capital to cover salaries and other expenses. Self-employed individuals and freelancers find it particularly difficult to obtain short-term, uncomplicated funding from traditional lenders such as banks. Moreover, a bridging loan must be officially applied for and approved, which always takes a lot of time. In most cases, this is not possible without a credit check. If your firm or company has been in such a situation before, it is even more difficult to convince a bank, especially since every loan ends with a Schufa entry. This could limit your options in the future.
In the Pfando magazine, we address the numerous reasons and solutions for entrepreneurs to quickly regain liquidity. We will show you the advantages of the Pfando service for business customers. We also explain what type of vehicle you, as a business customer, can use to take advantage of Pfando's sale & rent back service.
The alternative to a loan for the self-employed and freelancers
Loan for the self-employed and freelancers
The self-employed and freelancers are often rejected by classic lenders such as banks. The reason is that, from the banks' point of view, you as potential borrowers have the same problem...
Sell the car and keep driving? We explain how it works!
Sell your car and keep driving it: Is that possible?
Unlike a pawn shop where you have to hand in your car and pay processing and parking fees, with us, you get cash the same day...
Short-term liquidity for entrepreneurs – Bridging financial bottlenecks
Pfando helps companies with financial bottlenecks
Entrepreneurial activity involves both opportunities and risks. The challenge for entrepreneurs is to carefully weigh decisions in order to minimise risks and optimally exploit opportunities. ...
Improve liquidity: Quickly and easily
Improving liquidity for companies
The first quarter often presents a financial challenge for self-employed individuals and freelancers in Austria, particularly due to ongoing advance tax payments. Those who...
Liquidity bottleneck: Do you need to improve your liquidity quickly?
Bridge the gap with Pfando!
Liquidity or solvency plays a key role in business and private life, whether it's to pay bills, cover living expenses or keep the business running...
Payment delays or an unexpected customer default?
Do you need to finance a payment default at short notice?
Payment defaults are among the most common risks in day-to-day business and can quickly lead to financial difficulties, especially for small and medium-sized enterprises. If agreed payment deadlines have passed, ...
Tax arrears in installments – Debts with the tax office?
Pfando helps with your back taxes!
Entrepreneurs can be caught off guard despite running a successful business when the tax office suddenly demands back taxes. This can quickly break the...
Pfando Experiences
This is how our customers rate us
Pfando stands for a simple and straightforward solution for short-term financial bottlenecks - completely without Schufa or other credit checks. We see ourselves as the unbureaucratic...
VAT arrears are looming and you have no money set aside?
Pfando tells you how to pay off your debts!
Self-employed individuals are obliged to provide the tax office with information about their income so that the tax base can be determined. In Austria, a VAT exemption applies to small businesses...
The alternative to a bridging loan: Without KSV, without a bank!
With the alternative to the bridging loan from Pfando, you don't have to worry about a KSV check or proof of income. For companies, a financial bottleneck is always possible in principle, be it through no fault of their own due to invoice defaults, unexpected tax payments or simply a poor order situation.
All you need to take advantage of our excellent alternative to a conventional loan is a registered vehicle (car, truck, agricultural machinery, van...