We at TXS will help you with your refinancing. For more than 10 years, we have been gathering experience in the securitization market and will accompany you on the way to your most efficient solution.
Over these years, we have repeatedly discovered that existing potential cannot always be fully exploited in a receivables-based refinancing or securitization. As a result, funding volumes do not always meet expectations.
In order to adress situations like that and to achieve the maximum funding volume for our customers, we have entered into a cooperation with CrossLend.
CrossLend offers a technology-oriented platform that connects lenders and institutional investors across borders and asset classes (infrastructure).
Its unique technology and services make financial assets available to institutional investors by transforming them into various capital market instruments (Transformation). Of course, this offer is regulated by BaFin.
In recent years, CrossLend has created a central point of access to a wide range of European financial assets (SMEs, consumer loans, mortgages, invoice financing, trade finance), which ensures transparency in the financial market.
Sounds exciting, doesn't it?
Yes, we thought so too. That's why we have teamed-up with CrossLend to develop solutions for the benefit of our clients.
Thanks to a fully automated interface we will integrate our absnext-platform with CrossLend’s system. As a result, you will be able to access with your receivables in addition to your securitization directly CrossLend's vendor platform where they can be identified and purchased by investors. In other words, based on your interface to TXS’s absnext-platform, you will have access to two refinancing channels with different lenders - efficient right to the end.
As an originator on CrossLend’s platform, you will retain your role as a servicer of the sold assets, just as you do with your securitization. Rest assured, CrossLend will not contact the borrowers in any way.
Would you like to learn more about our new service? Timo Menzel is looking forward to your inquiry.