Awarded by the Cologne Business Club

Christoph Bauer, entrafin founder and managing director at the Cologne Business Award

Cologne, 18.06.2019

In 2019, the Cologne Business Club again invited to the presentation of the renowned Cologne Business Award. The prize honors those companies that are regionally and location-bound, socially, future-oriented and of course economically successful. entrafin won 2nd prize with its digital purchase financing for medium-sized companies

Presentation of the Cologne Business Award

"Celebration of the 12th anniversary of the Cologne Business Award, which was presented by the President of the Cologne Chamber of Commerce and Industry, Prof. Dr. Werner Görg, on June 18, 2019. The selection of the finalists is once again indicative of the diversity of Cologne's entrepreneurship," writes the magazine of the Cologne Business Club, "Particular attention is paid to the creation and preservation of jobs.

Other assessment criteria included the company's commitment to Cologne, innovative new products or services, responsible use of resources, and sustainable and socially responsible action. In addition, it was also assessed whether the companies are facing up to the challenges of the digital future.

Winner of the Cologne Business Award 2019

Among well-known guests, such as Prof. Dr. Ulrich Daldrup, Professor of the TH Köln and Prof. Dr. Heribert Hirte, Member of the German Bundestag and Professor of Commercial and Corporate Law, entrafin, represented by founder and managing director Christoph Bauer, was gratefully accepted by Prof. Dr. Werner Görg in the Radisson Blu Köln, taking second place. "entrafin offers the right solution at the right time for a financing problem in medium-sized businesses," praised the Cologne Business Club chaired by Marc E. Kurtenbach and Christian Kerner.

Award ceremony by Prof. Dr. Werner Görg, Cologne Business Award 2019

entrafin finances purchases from medium-sized companies by granting them an extended payment term of 120 days. For this purpose, the Fintech company purchases the required goods from the supplier, settles the supplier's invoice and resells the goods with extended payment terms to the purchasing company. The financing sums are between K EUR 30-500.

More in the Kölner Stadtanzeiger under: https://www.ksta.de/wirtschaft/unternehmerpreis-fuer-comevis-der-wirtschaftsclub-koeln-hat-erneut-vier-firmen-geehrt-32739770

Quick & uncomplicated purchase financing

  • Fast working capital
  • Free financing offer
  • No real collateral
  • Without bureaucratic burden
  • With personal advice