It is clear that anyone wishing to carry out factoring in Germany first needs a factoring licence. However, there are two types of licences on offer, depending on the business model. So what type of factoring licence should I apply for? Distinction between recourse and non-recourse factoring is not relevant for the question of the […]
About Dr. Florian Lörsch
Florian has been working as a lawyer since 2013. As a lawyer at Aderhold law firm in Berlin he is a member of the Practice Group Banking, Financial Services & Digital Economy. Florian has particular expertise in payment law, factoring and other financing related topics and advises on eCommerce matters but also corporate law.
Entries by Dr. Florian Lörsch
The Payment Accounts Act is an “old” law dating from April 2016 but it is going to be once more on people’s radars from 31 October 2018. Why exactly? It is owed to the fact that some provisions of the “old” Payment Accounts Act will not enter into force until 31 October 2018. In this […]