Financial Services2018-10-22T12:29:12+00:00

Corporate Division Financial Services

The corporate division Financial Services includes the leasing and factoring provider abcfinance with abcbank, the vehicle financer Bank11, as well as the start-up Yareto.

ABCFINANCE

Partner of medium-sized businesses

For more than 30 years, the business unit abcfinance has been supporting its customers’ business developments with its customized leasing and factoring segments. As a manufacturer-independent and bank-independent supplier, it is able to offer financial services that provide interesting alternatives.

Currently, ca. 58000 medium-sized businesses in Germany, Austria, Switzerland and the Netherlands use the products of the financial services provider.

In leasing, abcfinance finances mostly vehicles, machinery and IT technologies. More and more businesses recognize factoring – the acquisition of open claims by the financial services provider – as yet another option of improving their liquidity, and therefore frequently ask for this service.

To the Website of ABCFINANCE
BANK11

Services for the automobile trade and private customers

Founded in 2011, Bank11 is the youngest business unit of the Werhahn Group. The credit institute specializes on the automobile trade and offers sales financing and customer insurances for mid-sized automobile dealers. The dealers can make use of purchase financing in order to expand their range of new and used automobiles.

On the private customer market, the subsidiary Bank11direkt is successful with affordable credit and investment products.

To the Website of BANK11
START-UP YARETO

The first car loan comparison portal for car dealers

The latest Werhahn activity was founded in 2016. On the online comparison and transaction portal, car dealers are able for the first time to directly compare interests, terms and provisions of car loans offered by up to ten banks and to secure the best deals for their customers with only a couple of clicks.

Yareto is almost fully based on a digital business model and therefore works with agile methods. It is run like a start-up and relies on close personal contact with the car dealers.

To the Website of YARETO

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