Featured in Automation in motion – 05-2010

Bankruptcy insurance

Interview: Small and midsize module manufacturers often are left sitting on their products when banks do not have enough confidence in them. Steffen A. Müller of Trust, a risk management and insurance broker, explains why his firm is focusing on this problem, and why bankers do not openly talk about the issue. While his explanations specifically refer to the legal situation in Germany, there are similar issues abroad.

By

Michael Fuhs

17 Sep 2010

Please describe the bankability problem that small and midsize module manufacturers are having. You can’t get financing for arrays with modules from these manufacturers even though the warranties seem to be sufficient. The problem is, however, that the banks do not believe – or require some guarantee – that the company will still be around …

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