We optimize inventory financing and release tied-up capital.
LABEST creates transparency for purchasing and inventory financing
LABEST combines the know-how of three realms: years of experience in efficient, digital logistics, a detailed understanding of the requirements of the lending industry, and in-depth knowledge of the needs of successful retail and production companies.
In this context, LABEST has created an efficient, cloud-based software solution designed to aggregate real-time information on the inventory of businesses and their logistics providers into an intuitive, interactive interface. LABEST evaluates these inventories based on current market values from independent sources, providing businesses and banks with a more complete picture of the stock’s marketability beyond its net worth.
LABEST therefore satisfies the data and information requirements of all involved, including funding providers, banks and other lenders, the hedging trade (credit) insurance companies, and investors.
By providing access to real-time inventory information, LABEST creates security and transparency in the financing of goods and stock, allowing both growing and established businesses to use their inventory as collateral for loans. As well as improving the company’s cash flow and providing funds from its stock, it also mitigates the financing risk for lenders.
What happens when years of experience in digital banking and finance meets innovative logistics and fulfillment expertise? LABEST is formed!
Against this backdrop, its founders Dirk Piethe and Stefan Franke created the innovative real-time software solution for risk monitoring in inventory finance and asset-based lending. The ideal solution for businesses and banks. LABEST makes stock and inventory transparent for flexible and up-to-date valuation, thereby mitigating the financing risk for lenders.
Utilizing the capabilities of digital technology, LABEST readily and efficiently connects real-time data from inventory management systems, marketplaces and the required financing data into an intuitive platform for full transparency. And it is secure, as verified by KPMG and hosted in a certified data center in Hamburg, in compliance with German banking and insurance standards.