Experience cannot be bought. But it is worth its weight in gold.
Why BFS finance and no other Back-up Servicer? Because we are from Bertelsmann and have 60 years of experience as an independent, internationally operating service and financial services provider in the field of risk and receivables management. And what do the leading rating agencies say about us? Both Standard & Poor‘s and Moody‘s rate us as a reliable and stable business partner. In addition, as a financial services provider with an integrated receivables purchasing division (factoring), we are subject to continuous monitoring by the German Federal Financial Supervisory Authority (BaFin).
We turn „Oh no!“ into Know-how.
Risk down. Rating up.
Honestly, how important is a Back-up Servicer, really? Let‘s ask the leading rating agencies. For Moody‘s and Standard & Poor‘s, Back-up Servicing is a fundamental factor when it comes to assessing the risk quality of ABS portfolios. So you could say that behind almost every attractive as-set-backed securities portfolio there is a strong Back-up Servicing provider. One like us, BFS finance.
We know how complex it is to structure securitized receivables portfolios. With our service, we reduce risks and give all parties involved more security.
Doing without a Back-up Servicing provider, on the other hand, can be expensive for all parties. As a potential originator or investor, you should therefore benefit from the advantages that Back-up Servicing brings to the sale of receivables: the operational risk is reduced, the rating improves and the ABS portfolio becomes more attractive.
Have we sparked your interest? Then we should get to know each other personally.