Project Description

Startseite » Portfolio » Labest

Company name
LABESTonline GmbH

Category
Trade Finance

Founded in
2016

Founded by
Stefan Franke, Dirk Piethe

Target markets
B2B

Address
Högerdamm 41
20097 Hamburg

Twitter
@labest_online

Labest

Labest offers risk management software for the warehouse credit sector.

With Labest’s risk management software for warehouse and inventory financing, inventory – and thus capital tied up in the warehouse – can be used as loan collateral. Labest has created Labest.solutions, a cloud-based software-as-a-service solution that enables banks to accept inventory as loan collateral. This is possible because the software maps goods movements and subjects goods inventories to a daily market valuation from various price sources. Credit and inventory development are compared, making developments, risks and potentials transparent and assessable for both the company and the financing bank. This results in dynamic, transparent and demand-driven credit development.

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