Working Capital Finance

Increase Your Company Valutation

Optimize Working Capital and Increase Your Company Valuation

Our deep insight into the financial market allows us to thoroughly understand factoring, banking solutions, pricing structures, and financial strategies. Our Financial Advisory specialists assist CFOs in achieving optimal working capital, improved cash flow, lower interest margins, and the most favorable terms.

Working Capital Finance

Various financial products can help companies enhance their working capital, but not all solutions are suitable for every business or situation. Our team of experts possesses extensive knowledge of these options and works closely with CFOs to identify the best-fit solutions tailored to the company’s specific needs and financial situation.

Howden's Process

A typical project with us spans approximately three months. Based on your specific needs, we conduct a thorough review of your customer base and identify opportunities to optimize working capital. We bring our analysis to the negotiation table with suppliers and financial partners, working alongside you to develop a setup that best aligns with your needs and objectives while maintaining strong supplier relationships.

Agreement

You present your challenges, needs, and objectives. We assess and present the potential for optimizing your working capital and establish an agreement covering analysis, benchmarking, evaluation, and recommendations.

Analysis

Howden conducts a comprehensive analysis of your customer base and the potential for working capital optimization, including opportunities through invoice financing, receivables purchasing, and supply chain finance.

Negotiation

Meetings are arranged with relevant suppliers and financial partners, where we present our analysis and evaluation. We work collaboratively to negotiate solutions that benefit all parties.

Implementation & Optimization

Based on the negotiations and supplier proposals, Howden provides recommendations on the most suitable solutions and financial partners to match your company’s needs and strategic goals.

What Are the Benefits of Partnering with Howden?

  • Increased liquidity and financial stability
  • Reduced debt and improved capacity for growth investments
  • Greater financial flexibility and enhanced risk management
  • Higher sales proceeds in the event of a company sale

Howden’s market insight, advisory, and benchmarking enabled us to secure even better solutions and pricing than we thought possible.

Henrik Rennison Hansen, CFO at Maki

Working Capital Finance

  • Invoices are purchased by a factoring company.
  • Primarily used by companies with an annual revenue of +200 million DKK.
  • The company can settle outstanding receivables and recognize them as cash.
  • Credit risk is transferred to the factoring company.
  • The dunning process can either be managed by the factoring company or retained by the business, depending on the chosen provider.

  • The factoring company advances a percentage of the invoice value on the issuance date.
  • Primarily used by companies with an annual revenue of under 200 million DKK.
  • Accounted for as a loan in financial statements.
  • The dunning process can either be managed by the factoring company or handled internally by the business.

  • Also known as "reverse factoring."
  • Primarily used by companies with an annual revenue of +1 billion DKK.
  • Enables companies to extend payment terms with suppliers.
  • Companies enter into agreements with their bank to offer suppliers a confirmed factoring arrangement in exchange for extended payment terms.

  1. Choose a Provider That Technically Fits Your Setup and Geographic Ambitions.

    Howden ensures the right setup, reducing the risk of poor decisions, auditor remarks, and lowering internal FTE costs.
     
  2. Get the Best Price to Support Your Business Case

    Howden's experience in banking negotiations ensures you obtain the best prices. Our arguments are based on previous cases and our knowledge of banks' pricing models.
     
  3. Grow Your Program

    Factoring with 100% receivables purchase may be limited by banks’ requirements for credit assessments. Therefore, align with the bank on the resources they will allocate to initiate and subsequently scale the program. Supply chain finance programs rarely include more than 10 suppliers. Howden helps grow your program.
     
  4. Ensure the Right Implementation

    Once SCF or factoring is implemented, operational implementation challenges often arise. This can negatively impact the business and create unnecessary issues for employees not measured by working capital success. It is, for example, essential to align the new processes required by the bank's systems. Howden helps ensure the correct implementation.

Some of the companies we have helped optimize their working capital.

Photo of SEC DATACOM GROUP   ​

SEC DATACOM GROUP ​

Photo of SEC DATACOM GROUP   ​

SEC DATACOM GROUP ​

Howden Financial Advisory has acted as an impartial party extremely professionally, created increased transparency, and negotiated prices and terms that I am very satisfied with, as there are significant savings involved. The negotiation result also includes a more lenient security package, which is worth keeping in mind. They receive my highest recommendations. - Lars Zinglersen, CEO.

SEC DataCom Group is a Nordic IT distributor with companies in Denmark, Finland, Norway, and Sweden. In the latest financial year, SEC DataCom Group had a turnover of 1.085 million DKK and a profit before tax of 12 million DKK.

Photo of NORIDANE ​​​

NORIDANE ​​​

​​​
Photo of NORIDANE ​​​

NORIDANE ​​​

​​​

We have been very satisfied with the process with Howden Financial Advisory, who analyzed our factoring solution. They identified areas that could be optimized, which were subsequently implemented, resulting in significant savings. Additionally, the time investment from my side matched our initial discussions, which is important to consider in the overall outcome. Howden Financial Advisory receives my highest recommendations as a result of this process.

NoriDane Foods is a trading company that imports and distributes meat. NoriDane Foods operates in 89 countries worldwide with a total of 800 partners. The company has approximately 80 employees and in 2020, NoriDane Foods reported a turnover of DKK 1.3 billion with a pre-tax profit of DKK 20.5 million.

Photo of Maki  ​

Maki ​

Photo of Maki  ​

Maki ​

CFO Henrik Rennison Hansen states the following: Howden Financial Advisory has advised us on an evaluation and optimization of our factoring purchasing program. We had an expectation that we had competitive prices, as we had previously conducted a tender ourselves, but Howden Financial Advisory's market insight, advice, and benchmarks allowed us to achieve even better solutions and prices than we thought possible. As a result, we have been very satisfied with their work as an independent party.

Maki is the largest toy and game distributor in the Nordic region. Maki distributes over 60 major international brands to more than 5000 retailers, webshops, and dealers in Denmark, Sweden, Norway, and Finland. In the latest financial statement, Maki had a turnover of over 500 million DKK and an operating profit of 63 million DKK.

Photo of HT BENDIX  ​

HT BENDIX ​

Photo of HT BENDIX  ​

HT BENDIX ​

We are very satisfied with their work and results. The entire process has been handled efficiently and professionally from Howden Financial Advisory's side. - Claus Østergaard Jensen, CFO.

HT Bendix is a trading company that sells fittings and accessories to the furniture and kitchen industry in Denmark and abroad. In the latest financial year, HT Bendix had a gross profit of 70 million DKK with a pre-tax profit of 26 million DKK.

Photo of ABACUS MEDICINE  ​

ABACUS MEDICINE ​

Photo of ABACUS MEDICINE  ​

ABACUS MEDICINE ​

CFO Henrik Knudsen states that he has been satisfied with the process handled by Howden Financial Advisory and the outcome thereof.

Abacus Medicine is a leading supplier of original prescription medicine in Europe and is based on parallel import - free movement of goods in the EU's internal market. This allows Abacus Medicine to offer medicine at a lower price in the market. Abacus Medicine has operations in over 12 countries with 750 employees. In the latest financial year, Abacus Medicine had a turnover of 3.1 billion DKK and an EBITDA of 79 million DKK.

Photo of KK WIND SOLUTIONS  ​

KK WIND SOLUTIONS ​

Photo of KK WIND SOLUTIONS  ​

KK WIND SOLUTIONS ​

Howden Financial Advisory has acted in a structured and professional manner throughout the process, where Howden Financial Advisory has contributed to the creation of a very satisfactory Reverse Factoring program, which meets our expectations. Howden Financial Advisory's expertise in the financial field has been valuable, which is why we believe they are recommendable.

KK Wind Solutions is among the world's leading suppliers of electrical control and monitoring systems for the wind turbine industry with a broad global customer portfolio. The KK group has around 1,400 employees and is owned by A.P. Moller Holding. In the latest financial year, KK Wind Solutions had a turnover of 2.1 billion DKK and a pre-tax profit of 176 million DKK.

Experienced experts in Financial Advisory

Our experts have many years of experience from the financial sector and the payments market, where they have developed a wide range of payment and financial solutions. Read about some of the 2,000+ references Howden Financial Advisory has helped achieve better solutions and prices.

Would you like to be contacted?

Fill out the form if you are interested in learning more about how we can help you achieve the optimal individual financial solution at the best price.

Contact us now

Contact Managing Director, Trond Tidemann, for a non-binding conversation about financial solutions.

Trond is available:
Monday – Thursday: 10:00 AM – 4:00 PM
Friday: 10:00 AM – 3:00 PM

Call: +47 96 22 36 22  
Email: [email protected]